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$291,400

NAL Estimated Property Value

5116 Welbeck Ct, Garland, TX, 75043

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,505 Sq Ft
price_per_sqft$202.65 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesRain Gutters, Storage, Other
Lot Size4,000 sqft

Building Information

Year Built1993
Stories2
Roof Type105
Garage Spaces2

Land Information

APN26680400010350000
Lot Number35
SubdivisionWindsor Park
Land UseResidential
Legal DescriptionWINDSOR PARK 2 BLK 1 LOT 35 INT202300050213 DD03282023 CO-DC 6804000103500 1CG68040001
Census Tract018137
Assessed Land Value$65,000
Assessed Improvement Value$226,400
Assessment Year2025

About this property

New Carpet, Vinyl flooring installed in Dec 2022. Also Exterior and Interior painting including outside Deck in Nov 2022.New lighting fixtures in Master and Guest Bathrooms. All Interior door handles changed. Kitchen Countertops, Master, and Guest vanities, the Bathtub in the Guest bath room all got resurfaced. In the backyard a very convenient storage Cabin installed in the previous year. 2-3 minutes driving distance to Lakeview Centennial High School; Couch Elementary and Five Minutes’ drive to Lyles Middle. Lake Hubbard is within walking distance and few minutes away from a most visited Lake Ray Hubbard’s Harbor with all year round fun; entertainment. And worth mentioning here is the upcoming more than a billion dollars Sapphire Bay Project on Lake Ray Hubbard a massive tourist attraction Center. Easy access to I-30; 635. 3-4 minutes proximity to Walmart, Kroger, Walgreens,4 gas stations nearby including QT. Last but not least, MORE PARKING SPOTS in front of your future home.

Investor Tools

Property Icon
$291,400
Estimated Property Value
$0Estimated Mortgage Balance
$291,400Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,830 /month
Positive
Cash Flow Estimate:
$610 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$611/month
$80/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,875
$291,400
2025
$65,000
$226,400
$291,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,875
$291,400

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$291,400
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$80/mo
+$1,892/mo
8.1%

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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5116 Welbeck Ct | Property Details | No Agent List