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$385,690

NAL Estimated Property Value

506 Woodcastle Drive, Garland, TX, 75040

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,893 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$153.2 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

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

Exterior

Exterior FeaturesStorage
Lot Size7,590 sqft

Building Information

Year Built1976
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26238500160110000
Lot Number11
SubdivisionGlenbrook Meadows 2nd Sec
Land UseResidential
Legal DescriptionGLENBROOK MEADOWS 2ND SEC BLK P LOT 11 INT202100266793 DD08312021 CO-DC 2385001601100 1CG23850016
Census Tract019026
Assessed Land Value$65,000
Assessed Improvement Value$320,690
Assessment Year2025

About this property

Back on Market. Completely remodeled single story in the Glenbrook Meadows subdivision. Fresh paint outside, and interior paint touched up. Fresh flooring throughout ~ all hard flooring! Kitchen has new dishwasher, vent hood and backsplash, and the cabinets are freshly painted. Both baths have been remodeled as well, fresh and gorgeous. Relax on the deck, and then have the covered patio when you've had enough sun...or want the perfect spot for morning coffee. Outdoor shed is perfect for your lawn equipment. There's even a bed ready for you to flex your green thumb and plant flowers and vegetables! Yarborough Park is just one house down.

Investor Tools

Property Icon
$385,690
Estimated Property Value
$267,912Estimated Mortgage Balance
$117,778Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,314 /month
Positive
Cash Flow Estimate:
$771 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$892/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,770
$385,690
2025
$65,000
$320,690
$385,690
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,770
$385,690

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Red Diamond Home Loans Llc
Conventional
$294,500
No
First
Aug 31, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$267,912
$117,778
30%
69%
$1,766/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,766/mo
+$206/mo
6.1%

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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506 Woodcastle Drive | Property Details | No Agent List