$255,370
NAL Estimated Property Value5006 Longhorn Trail, Garland, TX, 75043
Off Market
Property Lead Type:
BankruptcyOff-Market ListHigh EquityMove-In Ready
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Range
Exterior
Lot Size6,930 sqft
Building Information
Year Built1972
Stories1
Roof Type105
Garage Spaces1
Land Information
APN26380500040460000
Lot Number46
SubdivisionNew West
Land UseResidential
Legal DescriptionNEW WEST 3 BLK 4 LOT 46 INT201900190968 DD07232019 CO-DC 3805000404600 1CG38050004
Census Tract018128
Assessed Land Value$50,000
Assessed Improvement Value$205,370
Assessment Year2025
About this property
Nothing quite like it in this area! Meticulously updated home awaiting next lucky owner. Updates include all new painting, flooring, kitchen, baths, green features include double-pane PVC windows, R38 insulation...move-in ready! Foundation repaired in 2013; contractor no longer in business so seller recently hired an engineer to verify that foundation is in good shape. NOTE: listing broker does not work with unrepresented buyer, please contact a buyer's agent to see home.
Investor Tools
$255,370
Estimated Property Value
$161,822Estimated Mortgage Balance
$93,548Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,532 /month
Positive
Cash Flow Estimate:
$511 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$453/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,160
$255,370
2025
$50,000
$205,370
$255,370
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,160
$255,370
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Conventional
$187,210
No
First
Jul 23, 2019
Aug 2049
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$161,822
$93,548
36%
63%
$1,123/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,123/mo
+$849/mo
9.3%
