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$282,000

NAL Estimated Property Value

5006 Boca Raton Dr, Garland, TX, 75043

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,657 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$95.96 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop
FlooringCarpet

Exterior

Lot Size7,245 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26156600030150000
Lot Number15
SubdivisionEastern Meadows
Land UseResidential
Legal DescriptionEASTERN MEADOWS 2 BLK 3 LT 15 INT202100207274 DD07092021 CO-DC 1566000301500 1CG15660003
Census Tract018148
Assessed Land Value$65,000
Assessed Improvement Value$193,440
Assessment Year2025

About this property

This 3 Bedroom home has so much potential! Great neighborhood and schools! Beautiful trees add to the drive-up appeal! Nice floorplan, beautiful paneling in the living room and two eating areas make a perfect scenario for a place to call home! Enclosed Patio-Garden room on the back of the home would make a great addition for entertaining. Some TLC will make this one the perfect place to call home! We have received multiple offers. The seller is asking that all offers and Highest and Best be sent by 5pm on Thursday, May 14th.

Investor Tools

Property Icon
$282,000
Estimated Property Value
$187,952Estimated Mortgage Balance
$94,048Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,692 /month
Positive
Cash Flow Estimate:
$564 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$566/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,385
$258,440
2025
$65,000
$193,440
$258,440
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,385
$258,440

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Academy Mortgage Corp
Conventional
$207,000
No
First
Jul 9, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$187,952
$94,048
33%
67%
$1,242/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,242/mo
+$730/mo
8.4%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Garland

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5006 Boca Raton Dr | Property Details | No Agent List