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$342,760

NAL Estimated Property Value

4938 Creekridge Lane, Garland, TX, 75043

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,769 Sq Ft
price_per_sqft$172.41 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Plumbed For Ice Maker, Vented Exhaust Fan, Electric Water Heater
FlooringVinyl

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size7,254 sqft

Building Information

Year Built1987
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26262600040480000
Lot Number48
SubdivisionHighcrest
Land UseResidential
Legal DescriptionHIGHCREST BLK 4 LOT 48 INT202100348190 DD11182021 CO-DC 2626000404800 1CG26260004
Census Tract018142
Assessed Land Value$60,000
Assessed Improvement Value$282,760
Assessment Year2025

About this property

SPECIAL GARLAND FINANCING FOR VETERANS with ZERO DOWN! Pictures in the MLS are from when the house was purchased in 2019 with the permission of the previous listing agent & are for illustration purposes only. The house is currently being extensively remodeled and is unavailable for preview. It will have a new roof, gutters, fresh paint including painting the wood paneling, vinyl plank flooring, new plumbing under foundation, repaired foundation and much, much more. This remodeled home is located right off of 190 and I-30 and close to the lake. The City of Garland is offering this home to first time home buyers and veterans only. The qualified veteran will receive Special City of Garland zero down financing.

Investor Tools

Property Icon
$342,760
Estimated Property Value
$281,577Estimated Mortgage Balance
$61,183Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,057 /month
Positive
Cash Flow Estimate:
$686 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$555/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,949
$342,760
2025
$60,000
$282,760
$342,760
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,949
$342,760

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The City Of Garland
Purchase Money Mortgage
$307,765
No
First
Nov 13, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$281,577
$61,183
17%
82%
$1,846/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,846/mo
+$126/mo
6.9%

City: Garland

4938 Creekridge Lane | Property Details | No Agent List