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$313,000

NAL Estimated Property Value

525 Brookside Dr, Garland, TX, 75042

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,898 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$171.23 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave
FlooringTile, Wood

Exterior

Exterior FeaturesGarden
Lot Size13,000 sqft

Building Information

Year Built1951
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26308500080140000
Lot Number14
SubdivisionLakewood
Land UseResidential
Legal DescriptionLAKEWOOD 2 BLK H LOT 14 INT202400185001 DD09112024 CO-DC 3085000801400 1CG30850008
Census Tract018900
Assessed Land Value$110,000
Assessed Improvement Value$191,050
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED: Sellers are requesting Highest and Best offers to be submitted by 6 pm on Monday March 21st. Beautiful three bedroom two bathroom home in Lakewood subdivision of Garland (NO HOA)! Freshly painted with gorgeous wood floors throughout. The kitchen overlooks the large family room with a gas fireplace. Numerous windows allow an abundant amount of natural light in the entire house and give fantastic views of a truly amazing backyard. Secondary bedrooms are spacious and there is a secluded office-study space that has its own charming view of the backyard. Outdoors you will find an oversized backyard with wonderful landscaping, deck and patio space, large shade trees, a storage shed, a Koi pond along with a wonderful viewing area for the creek.

Investor Tools

Property Icon
$313,000
Estimated Property Value
$380,119Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$535/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,855
$301,050
2025
$110,000
$191,050
$301,050
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,855
$301,050

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Fha
$391,773
Yes
First
Sep 11, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$380,119
N/A
0%
121%
$2,349/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,349/mo
$-377/mo
7.6%

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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525 Brookside Dr | Property Details | No Agent List