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$244,999

$249,000

5106 Lakeridge Ct, Garland, TX, 75043

On MarketInfo
Price DropInfo
Beds2 Beds
Baths2 Bath
Baths1,180 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$207.63 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Water Heater, Vented Exhaust Fan
FlooringLaminate

Exterior

Exterior FeaturesRain Gutters
Lot Size4,500 sqft

Building Information

Year Built1981
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26258540060270000
Lot Number27
SubdivisionHalcyon Villas Rep
Land UseResidential
Legal DescriptionHALCYON VILLAS REP BLK 6 LT 27 INT202100100110 DD04012021 CO-DC 2585400602700 1CG25854006
Census Tract018141
Assessed Land Value$42,000
Assessed Improvement Value$173,000
Assessment Year2025

About this property

MOVE IN READY! This cozy 2 bedroom, 2 bath home was thoughtfully refreshed with fresh, modern hues throughout. Recent improvements include new windows in July 2025, and foundation repairs completed in spring 2026 (see Transaction Desk for details). Step inside to a light, bright living area with a wood-burning fireplace. The dining area opens to the kitchen, which features a breakfast bar with added storage, gorgeous wood counters, modern cabinetry, and a utility closet tucked away at the back. The primary bedroom includes an en-suite bath, a built-in desk, and both bedrooms boast walk-in closets. Located just 15 miles from downtown Dallas, this home offers quick, convenient access to I-30, the George Bush Tollway, and Windsurf Bay Park at Lake Ray Hubbard. This charming abode combines modern updates with a prime location, making it a perfect choice for comfortable living!

Investor Tools

$163,978Estimated Mortgage Balance
$64,311Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

Interested in this property?

Stacy Faivre

Coldwell Banker Apex, Realtors

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$385/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,480
$215,000
2025
$42,000
$173,000
$215,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,480
$215,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Funding Lp
Conventional
$181,649
No
First
Apr 1, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$163,978
$63,022
27%
72%
$1,090/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,090/mo
+$475/mo
8.3%

City: Garland

5106 Lakeridge Ct | Property Details | No Agent List