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$375,000

NAL Estimated Property Value

4938 Garland Ave, Dallas, TX, 75223

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,296 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162.04 / sqft
Year BuiltBuilt in 1916

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesGas Cooktop
FlooringWood

Exterior

Lot Size7,250 sqft

Building Information

Year Built1916
Stories1
Roof Type106

Land Information

APN00000145396000000
Lot Number21
SubdivisionEast Side
Land UseResidential
Legal DescriptionEAST SIDE BLK 21/1239 LT 21 INT202400019687 DD01262024 CO-DC 1239 021 02100 1DA1239 021
Census Tract002400
Assessed Land Value$145,000
Assessed Improvement Value$230,000
Assessment Year2025

About this property

Located in the heart of Dallas, this property is a great investment opportunity for those seeking a home near major highways. Although it needs some TLC, the open living and dining area, spacious bedrooms, and blank canvas backyard make it a great space to call home. With its prime location, the property has endless potential for those looking to flip or create their own dream home. Don't miss out on this fantastic opportunity!

Investor Tools

Property Icon
$375,000
Estimated Property Value
$269,378Estimated Mortgage Balance
$105,622Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$855/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,388
$375,000
2025
$145,000
$230,000
$375,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,388
$375,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swift Home Loans Inc
Conventional
$281,250
No
First
Jan 29, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$269,378
$105,622
28%
72%
$1,687/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,687/mo
+$285/mo
6.3%

Learn About the Market: Opportunity in Dallas

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Explore

Dallas

The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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4938 Garland Ave | Property Details | No Agent List