Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours

$290,560

NAL Estimated Property Value

516 Granada Dr, Garland, TX, 75043

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,904 Sq Ft
price_per_sqft$149.16 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven
FlooringTile

Exterior

Lot Size7,040 sqft

Building Information

Year Built1975
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26308600060160000
Lot Number16
SubdivisionLa Prada
Land UseResidential
Legal DescriptionLA PRADA 1 LT 0016 00006 4812500601600 32630860006
Census Tract018126
Assessed Land Value$60,000
Assessed Improvement Value$230,560
Assessment Year2025

About this property

Welcome to 516 Granada Drive—an inviting single-story home nestled in an established, tree-lined neighborhood. Built in 1975 and offering 1,904 square feet of living space, this property is full of timeless charm and everyday functionality. With a thoughtful layout that includes four bedrooms, two full bathrooms, and a spacious bonus or flex room, the home offers both comfort and versatility. Inside, you’ll appreciate the clean, cohesive look of all-tile flooring—no carpet here—making for low-maintenance living that’s ideal for today’s busy lifestyle. Natural light fills the interior, with large windows enhancing the bright and airy feel throughout. The galley-style kitchen is both practical and efficient, with ample cabinet space and an easy flow into the adjacent dining and living areas. One of the standout features of this property is the large bonus room—perfect as a second living area, home office, hobby space, or media room. The primary suite is privately situated and offers a full ensuite bath, while three additional bedrooms and a second full bath complete the layout. Step outside to a backyard retreat shaded by a majestic oak tree, creating a peaceful, low-maintenance space for relaxing or entertaining. Whether you’re sipping morning coffee on the patio or enjoying quiet evenings under the canopy of leaves, this outdoor space adds a calming extension to the home. Location is key, and this one is hard to beat—just under a mile to I-635 and two miles to I-30, offering quick access to Dallas and surrounding areas. Enjoy walkable proximity to both Bass Park and Gatewood Park, and reach White Rock Lake or the Dallas Arboretum in just 15 minutes. With its flexible floorplan, abundant natural light, shaded backyard, and convenient location, 516 Granada Drive delivers comfort, charm, and convenience in one well-rounded package.

Investor Tools

Property Icon
$290,560
Estimated Property Value
$266,654Estimated Mortgage Balance
$23,906Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,743 /month
Positive
Cash Flow Estimate:
$581 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$409/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,451
$290,560
2025
$60,000
$230,560
$290,560
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,451
$290,560

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$269,800
No
First
Sep 30, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$266,654
$23,906
8%
92%
$1,618/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,618/mo
+$354/mo
8.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

516 Granada Dr | Property Details | No Agent List