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$298,200

517 Cumberland Cir, Garland, TX, 75041

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths1,200 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$239.58 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Gas Range, Microwave, Refrigerator, Washer
FlooringCeramic Tile, Tile, Wood

Exterior

Exterior FeaturesLighting, Private Yard, Storage
Lot Size4,500 sqft

Building Information

Year Built1959
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26355500160080000
Lot Number8
SubdivisionMonica Park
Land UseResidential
Legal DescriptionMONICA PARK 4 BLK 16 LOT 8 INT202300070384 DD04102023 CO-DC 3555001600800 1CG35550016
Census Tract018206
Assessed Land Value$45,000
Assessed Improvement Value$253,200
Assessment Year2025

About this property

Move-in Ready w.ALL Appliances, Fully Renovated 5 Full Bedroom 2 Full Bath with 1 Half Bath - Home offers 2023 Ductwork, 2023 HVAC, and 2023 Water Heater. Nestled on a large pie-shaped lot in a cul-de-sac, the ultimate combination of privacy and convenience. The wide backyard with Long Sliding Pull Gate for drive-in alley access, 2 storage-workshops, High covered wood patio make it perfect for gatherings! Long-lasting indoor finishes such as Smooth Ceilings throughout, Decorative Lighting, Black Granite Counter tops, Rich Decorative Stone, and Tiled Flooring in main traffic areas, while the bedrooms feature stunning Wood Flooring - with no carpet in sight! Open but separate Living-Dining-Family Room-Kitchen with Split Floor plan offering distance between areas. This neighborhood is near Rowlett, Richardson, Mesquite, Sachse, Rockwall, Dallas, 10mins to Hospitals-Shopping, 15mins to Firewheel Mall & Lake Ray Hubbard.

Investor Tools

Property Icon
$298,200
Estimated Property Value
$289,656Estimated Mortgage Balance
$0Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,789 /month
Positive
Cash Flow Estimate:
$596 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$624/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,993
$298,200
2025
$45,000
$253,200
$298,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,993
$298,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Fha
$289,656
Yes
First
Apr 10, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$546,502
N/A
0%
183%
$3,474/mo

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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517 Cumberland Cir | Property Details | No Agent List