$244,000
NAL Estimated Property Value5213 Longhorn Trail, Garland, TX, 75043
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Range
Exterior
Lot Size6,930 sqft
Building Information
Year Built1971
Stories1
Roof Type105
Garage Spaces1
Land Information
APN26380500050170000
Lot Number17
SubdivisionNew West
Land UseResidential
Legal DescriptionNEW WEST 3 BLK 5 LOT 17 INT202000298587 DD10272020 CO-DC 3805000501700 1CG38050005
Census Tract018128
Assessed Land Value$50,000
Assessed Improvement Value$175,220
Assessment Year2025
About this property
Nothing quite like it in this area! Meticulously updated home awaiting next lucky owner. Updates include all new painting, flooring, kitchen, baths, green features include lowE windows, R30 insulation...this is the next best thing to a new home! NOTE: listing broker does not work with unrepresented buyer, please contact a buyer's agent to see home.
Investor Tools
$244,000
Estimated Property Value
$201,219Estimated Mortgage Balance
$42,781Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,464 /month
Positive
Cash Flow Estimate:
$488 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$528/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,121
$225,220
2025
$50,000
$175,220
$225,220
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,121
$225,220
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Fha
$199,323
Yes
First
Oct 27, 2020
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$201,219
$42,781
17%
82%
$1,340/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,340/mo
+$632/mo
9.7%
