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Days64Days on Market
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$639,000

$685,000

514 Palm Desert Dr, Garland, TX, 75044

On MarketInfo
Price DropInfo
Beds4 Beds
Baths4 Bath
Baths3,452 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185.11 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

BankruptcyMust-SellAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Convection Oven
FlooringCarpet, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size11,245 sqft

Building Information

Year Built1988
Stories2
Roof Type105
Garage Spaces2

Land Information

APN26179430010440000
Lot Number44
SubdivisionFirewheel
Land UseResidential
Legal DescriptionFIREWHEEL ESTATES 2 BLK 1 LOT 44 VOL89110/3068 EX031589 CO-DALLAS 1794300104400 32617943001
Census Tract019050
Assessed Land Value$95,000
Assessed Improvement Value$449,700
Assessment Year2025

About this property

Completely reimagined from top to bottom, this exceptional Firewheel Estates home blends timeless transitional design with modern comfort. Tucked away on a quiet cul-de-sac just one-half mile from George Bush Turnpike, this beautifully remodeled 4-bedroom, 3.5-bath home with a office, or 5th bedroom sits on a quarter-acre lot with a sparkling pool and covered patio. ~ Inside, soaring ceilings, abundant natural light, and an open floor plan create an inviting atmosphere. The dramatic floor-to-ceiling black tile fireplace anchors the spacious living room, while the stunning chef's kitchen features quartz countertops, custom cabinetry, a large island with seating, Kohler farmhouse sink, stainless GE appliances, and timeless finishes designed for everyday living and effortless entertaining. ~ The private downstairs primary suite offers custom walk-in closet built-ins and a beautifully renovated spa-inspired bath with dual vanities, a soaking tub, oversized walk-in shower, and designer tile. Upstairs, you'll find three additional bedrooms, two updated baths, and an oversized game room. ~ Extensive renovations include fully remodeled kitchen and baths, luxury vinyl plank flooring, new carpet, fresh interior and exterior paint, designer lighting, updated plumbing fixtures, energy-efficient window panes, and modern ceiling fans throughout. ~ Outside, enjoy the covered patio, sparkling pool, and spacious backyard—perfect for relaxing or entertaining. Firewheel Estates residents enjoy access to a clubhouse, pool, tennis courts, playgrounds, and are just minutes from Firewheel Town Center, shopping, dining, and major highways.

Investor Tools

$28,330Estimated Mortgage Balance
$664,933Estimated Equity
95% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,158 /month
Positive
Cash Flow Estimate:
$1,386 /month

Interested in this property?

Jo Antovoni

Berkshire HathawayHS PenFed TX

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$531/month
$177/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,909
$544,700
2025
$95,000
$449,700
$544,700
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,909
$544,700

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Washington Mutual Bank Fa
Stand Alone First / Home Equity First Lien
$75,001
No
First
Mar 9, 2004
Apr 2019

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$28,330
$664,670
95%
4%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,810/mo
$177/mo
+$2,633/mo
4.9%

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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