Last 24 Hours
$323,630
NAL Estimated Property Value5230 Sarasota Drive, Garland, TX, 75043
Off Market
4 Beds
2 Bath
1,856 Sq Ft
$134.43 / sqft
Built in 1973Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
Bedrooms 4
Bathrooms Full 2
Indoor Fireplace
Garage Available
Heating Central
CoolingAppliancesDishwasher, Disposal, Gas Range, Microwave, Refrigerator, Gas Water Heater
FlooringCarpet, Ceramic Tile, Laminate
Exterior
Exterior FeaturesRain Gutters, Storage
Lot Size7,200 sqft
Building Information
Year Built1973
Stories2
Roof Type105
Garage Spaces4
Land Information
APN26573500030040000
Lot Number4
SubdivisionSouthlake Beach
Land UseResidential
Legal DescriptionSOUTHLAKE BEACH BLK C LOT 4 INT202100241947 DD08122021 CO-DC 5735000300400 1CG57350003
Census Tract018138
Assessed Land Value$65,000
Assessed Improvement Value$258,630
Assessment Year2025
About this property
AVAILABLE FOR OFFERS! Equity building Home mins from HWY30 in mature well-kept neighborhood has a 1.5 mile walk to Lake Ray Hubbard. NO HOA.Private Fence Enclosing Green Grassy Backyard offers ENDLESS possibilities & Large Covered Patio. Back Expanded Carport w.ability to fit 6+VEHICLES includes Whisper opener. 2 beds up-2 beds down.Downstairs owners suite &adjacent room have roomy walk-in closets. Open flex living space features wood-like paneling, see-through stairs, &desk space. LONG Kitchen w.Upgraded lighting&deep-high cabinets. Upstairs offers Split Plan w.Wide Bedrooms &Lengthy Closets. Newer HVAC,Lifetime Foundation Warranty,New Refridge-Dishwasher,Newer Vanity including Low Flow Dual Toilets-Faucets
Investor Tools
$323,630
Estimated Property Value
$244,794Estimated Mortgage Balance
$78,836Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,942 /month
Positive
Cash Flow Estimate:
$647 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$687/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,629
$323,630
2025
$65,000
$258,630
$323,630
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,629
$323,630
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Fha
$256,272
Yes
First
Aug 12, 2021
Sep 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$244,794
$78,836
24%
76%
$1,614/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,614/mo
+$958/mo
9.5%
12.4%