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$326,070

NAL Estimated Property Value

509 Granada Drive, Garland, TX, 75043

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,231 Sq Ft
price_per_sqft$109.77 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

BankruptcyOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Cooktop
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size7,920 sqft

Building Information

Year Built1975
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26308600070170000
Lot Number17
SubdivisionLa Prada
Land UseResidential
Legal DescriptionLA PRADA 1 BLK 7 LOT 17 INT202000209885 DD08032020 CO-DC 3086000701700 1CG30860007
Census Tract018126
Assessed Land Value$60,000
Assessed Improvement Value$266,070
Assessment Year2025

About this property

Ready to move in home fresh interior and exterior paint in the entire house, Two living areas, new ceramic tile floors, new carpet and updated kitchen with granite counters. Large master bedroom and master bath. Large covered patio area ideal for outdoor relaxation. Designated laundry room, attached two car garage. Easy access to 635 and I30

Investor Tools

Property Icon
$326,070
Estimated Property Value
$202,562Estimated Mortgage Balance
$123,508Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,956 /month
Positive
Cash Flow Estimate:
$652 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$611/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,700
$326,070
2025
$60,000
$266,070
$326,070
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,700
$326,070

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Academy Mortgage Corp
Conventional
$228,000
No
First
Aug 3, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$202,562
$123,508
37%
62%
$1,367/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,367/mo
+$1,205/mo
9.5%

City: Garland

509 Granada Drive | Property Details | No Agent List