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$519,510

NAL Estimated Property Value

518 Basswood Trail, Garland, TX, 75040

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,674 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$110.32 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size7,360 sqft

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26262650060100000
Lot Number10
SubdivisionHidden Forest
Land UseResidential
Legal DescriptionHIDDEN FOREST ESTATES BLK 6 LT 10 INT201800279283 DD10122018 CO-DC 2626500601000 2CG26265006
Census Tract018121
Assessed Land Value$98,000
Assessed Improvement Value$421,510
Assessment Year2025

About this property

Looking for new owner to give this home life. Wonderful features with High Ceilings, Wood Laminate Floors, Decorative Lighting, Spacious Kitchen with Breakfast Bar plus Island and lots of Cabinets & Counter Space. Family Room with Build-in Cabinets Gas Fireplace with Stone and room for the everyone. Split Bedrooms, Master has wonderful natural light and Closet is off the Master bathroom. Second Bedroom has a attached Bath-Guest Bath and room is oversized. If you are looking for a single story with space this home has it... And lets not forget the covered Patio of 7x22 for enjoying the outdoors.. Rear Entry Garage.. Come see this home and make it yours.

Investor Tools

Property Icon
$519,510
Estimated Property Value
$199,921Estimated Mortgage Balance
$319,589Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,117 /month
Positive
Cash Flow Estimate:
$1,039 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,009/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,506
$519,510
2025
$98,000
$421,510
$519,510
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,506
$519,510

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Unknown
$236,000
No
First
Oct 16, 2018
Nov 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$199,921
$319,589
61%
38%
$1,415/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,765/mo
+$207/mo
4.6%

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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518 Basswood Trail | Property Details | No Agent List