Last 24 Hours
$317,000
NAL Estimated Property Value4926 Locust Grove Rd, Garland, TX, 75043
Off Market
Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size5,048 sqft
Land Information
APN26112140010050000
Lot Number5
Land UseSfr - Vacant Lots/Tracts
Legal DescriptionCREEK VIEW RESIDENCES BLK 1 LT 5 ACS 0.1159 INT202000212601 DD08072020 CO-DC 1330178102300 2CG13301781
Census Tract018142
Assessed Land Value$40,000
Assessment Year2025
About this property
Awesome opportunity for investors or builders! Easy Access to Freeways and also Lake Ray Hubbard! This land has been rezoned and pre-platted to accommodate 5 single family homes on a private cul de sac. All preplatting work for zoning, engineering, hydrology and surveys completed and just needs to be re-submitted as the timeline has lapsed. Tree and street work needed for final approval. Just 20 minutes from Downtown Dallas. Garland Choice Schools.
Investor Tools
$317,000
Estimated Property Value
$0Estimated Mortgage Balance
$317,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,902 /month
Positive
Cash Flow Estimate:
$634 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$181/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$40,000
2025
$40,000
N/A
$40,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
N/A
$40,000
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$317,000
100%
0%
$0/mo
12.4%