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$261,000

NAL Estimated Property Value

512 Kaiser St, Garland, TX, 75040

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,235 Sq Ft
price_per_sqft$137.65 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet

Exterior

Exterior FeaturesRain Gutters
Lot Size6,150 sqft

Building Information

Year Built2018
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26089500020070000
Lot Number7
SubdivisionChristian
Land UseResidential
Legal DescriptionCHRISTIAN BLK B LOT 7 INT201800330185 DD12172018 CO-DC 0895000200700 1CG08950002
Census Tract018204
Assessed Land Value$60,000
Assessed Improvement Value$195,160
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED! No more showings. NEW CONSTRUCTION! Lovely three bedroom 2 bath energy efficient home w large living room & vinyl plank flooring, a fabulous kitchen w lots of cabinet, counter space & tile floors. A breakfast bar separates the living room and kitchen. The master bedroom features a walk-in closet and full size bathroom. The City of Garland is offering special financing on this property, see attachement for details. Only owner occupants, first time homebuyers at 80% or below median income, no investors, no cash purchasers.The City of Garland will be approving buyers.

Investor Tools

Property Icon
$261,000
Estimated Property Value
$51,061Estimated Mortgage Balance
$209,939Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,566 /month
Positive
Cash Flow Estimate:
$522 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$332/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,681
$255,160
2025
$60,000
$195,160
$255,160
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,681
$255,160

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The City Of Garland Housing & Community
Unknown
$60,000
No
First
Dec 17, 2018
Dec 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$51,061
$209,939
80%
20%
$360/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$360/mo
+$1,205/mo
7.2%

City: Garland

512 Kaiser St | Property Details | No Agent List