Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$585,680

NAL Estimated Property Value

5253 Lake Terrace Court, Garland, TX, 75043

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,161 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.9 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size6,534 sqft

Building Information

Year Built2021
Stories2
Roof Type105
Garage Spaces2

Land Information

APN26303760010010000
Lot Number1
SubdivisionLake Terrace Rep
Land UseResidential
Legal DescriptionLAKE TERRACE REP BLK 1 LT 1 INT202400034602 DD02162024 CO-DC 3037600100100 3CG30376001
Census Tract018141
Assessed Land Value$90,000
Assessed Improvement Value$495,680
Assessment Year2025

About this property

Beautiful modern home located in a private gated community overlooking gorgeous Lake Ray Hubbard! A grand two-story foyer welcomes you into this well-designed home boasting an inground pool, lovely built-in cabinetry throughout & a 3 car garage. Enjoy an open floor plan and banks of windows that provide ample natural lighting. The kitchen features quartz counters, soft close cabinetry, a large waterfall island-breakfast bar and a coffee bar area in the walk-in pantry! Relax in the spacious master suite boasting dual vanities, his & hers closets and a private terrace with a stunning view. Auxiliary bedrooms feature an ensuite bathroom and walk-in closets. Within walking distance to Windsurf Bay Park, the marina and minutes from 1-90 George Bush Turnpike and I-30. Don’t miss the opportunity to enjoy lakeside living at its best!

Investor Tools

Property Icon
$585,680
Estimated Property Value
$551,635Estimated Mortgage Balance
$34,045Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,514 /month
Positive
Cash Flow Estimate:
$1,171 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,052/month
$935/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,690
$585,680
2025
$90,000
$495,680
$585,680
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,690
$585,680

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Financial Concepts Mortgage Llc
Va
$575,000
Yes
First
Feb 16, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$551,635
$34,045
5%
94%
$3,448/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$4,383/mo
$-1,811/mo
5.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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.

Explore Texas Explore This Area
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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

5253 Lake Terrace Court | Property Details | No Agent List