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A+
NoAgentList RatingHow are grades calculated? Info

$321,000

513 Prescott Drive, Garland, TX, 75041

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,852 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$112.85 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Gas Cooktop, Plumbed For Ice Maker
FlooringCeramic Tile, Wood

Exterior

Lot Size10,467 sqft

Building Information

Year Built1958
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26489500200250000
Lot Number25
SubdivisionRidgewood
Land UseResidential
Legal DescriptionRIDGEWOOD ESTATES 5 BLK 20 LT 25 INT201900108576 DD04262019 CO-DC 4895002002500 1CG48950020
Census Tract018300
Assessed Land Value$70,000
Assessed Improvement Value$216,060
Assessment Year2025

About this property

Adorable home with NO POPCORN CEILINGS OR CARPET. THREE POSSIBLE LIVING AREAS. Relax in the den with multiple windows giving natural light from the backyard. Beautiful original hardwood in the hallways and bedrooms add so much character to this home. Large backyard with recently installed privacy fence. Outside of home has a recent coat of paint with wooden pillars on porch and shutters. Updated electric box installed, ceiling fans added in bedrooms, replaced HVAC motor, and silent dishwasher in kitchen in 2017. New alarm system installed with four cameras and DVR recording device convey with property. Owner has taken great pride in this home and is ready for a new owner.

Investor Tools

Property Icon
$321,000
Estimated Property Value
$0Estimated Mortgage Balance
$146,345Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,926 /month
Positive
Cash Flow Estimate:
$642 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$476/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,112
$286,060
2025
$70,000
$216,060
$286,060
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,112
$286,060

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Neighborhood Cu
Conventional
$195,400
No
First
Nov 16, 2020
Dec 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$174,655
$146,345
45%
54%
$1,172/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,172/mo
+$800/mo
7.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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513 Prescott Drive | Property Details | No Agent List