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Owner Contacts

$244,060

NAL Estimated Property Value

522 Mclemore Dr, Garland, TX, 75040

Off Market

3 Beds

1 Bath

984 Sq Ft

Single Family Residence

$247.97 / sqft

Built in 1955

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Range, Microwave

Exterior

Lot Size8,100 sqft

Building Information

Year Built1955

Stories1

Roof Type105

Garage Spaces1

Land Information

APN26371500010060000

Lot Number6

SubdivisionMormac Manors

Land UseResidential

Legal DescriptionMORMAC MANORS BLK A LOT 6 INT202400031487 DD02092024 CO-DC 3715000100600 1CG37150001

Census Tract018700

Assessed Land Value$65,000

Assessed Improvement Value$179,060

Assessment Year2025

About this property

Welcome to your NEWLY REMODELED dream home in the heart of Garland! This beautifully remodeled 3 bed, 1 bath home offers a perfect blend of modern upgrades and classic charm. Situated just steps away from Daugherty Elementary School, this property is ideal for families seeking convenience, comfort, and style. As you step inside, you'll immediately notice the fresh, modern atmosphere created by the new flooring, paint and lighting throughout the home. The spacious living area is flooded with natural light from the large, double paned, recently replaced windows. The heart of this home is undoubtedly the updated kitchen. It boasts white shaker cabinets that offer ample storage space. The stunning black granite countertops provide a sleek contrast. The bathroom has been tastefully updated with contemporary fixtures to match the modern design of the rest of the house. Step outside and discover the generous backyard space that awaits your personal touch. Don't miss this opportunity!

Investor Tools

$244,060

Estimated Property Value

$225,753Estimated Mortgage Balance

$18,307Estimated Equity

7% 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

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$564/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,549

$244,060

2025

$65,000

$179,060

$244,060

Tax History

Year

Tax Paid

Assessed Value

2024

$5,549

$244,060

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Conventional

$235,315

First

Feb 9, 2024

Mar 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$225,753

$18,307

92%

$1,411/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,411/mo

+$561/mo

9.7%

Learn About the Market: Opportunity in Texas

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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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