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$325,000

NAL Estimated Property Value

504 Monticello Court, Garland, TX, 75043

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,801 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$160.47 / sqft
Year BuiltBuilt in 1971

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 Range, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Lot Size10,780 sqft

Building Information

Year Built1971
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26096500020240000
Lot Number24
SubdivisionColonial Acres
Land UseResidential
Legal DescriptionCOLONIAL ACRES BLK 2 LOT 24 INT202100296074 DD10022021 CO-DC 0965000202400 1CG09650002
Census Tract018111
Assessed Land Value$55,000
Assessed Improvement Value$209,850
Assessment Year2025

About this property

Super Huge Media Room! This three-bedroom, two bathrooms, has a beautiful kitchen that overlooks the living area, The large living area leads out to a covered patio for grilling or just hanging out. Fireplace with update bathrooms, flooring, and carpet. Oversized privacy fenced yard with storage shed, 6 car carport. Home located in the very desirable neighborhood on cul-de-sac street huge lot! Garage has been converted to a second living area. Updated Carpet, floor, remodeled bathrooms, blinds, OS AC unit replaced July 2021, Paint, Stainless Steel appliances, Landscaped yard. Private laundry room with cabinets.

Investor Tools

Property Icon
$325,000
Estimated Property Value
$249,049Estimated Mortgage Balance
$75,951Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$527/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,696
$264,850
2025
$55,000
$209,850
$264,850
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,696
$264,850

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Point Financial Corporation
Conventional
$272,725
No
First
Oct 2, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$249,049
$75,951
23%
77%
$1,636/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,636/mo
+$336/mo
7.3%

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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504 Monticello Court | Property Details | No Agent List