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$397,710

NAL Estimated Property Value

5309 Hopewell Drive, Garland, TX, 75043

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,277 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$116.34 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Other
FlooringCeramic Tile, Laminate

Exterior

Lot Size8,883 sqft

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26521440020030000
Lot Number3
SubdivisionShores Of Eastern Hills
Land UseResidential
Legal DescriptionSHORES OF EASTERN HILLS 6 BLK 2 LT 3 INT201900195602 DD07262019 CO-DC 5214400200300 1CG52144002
Census Tract018148
Assessed Land Value$80,000
Assessed Improvement Value$317,710
Assessment Year2025

About this property

Back on the market! No carpet anywhere! Extensive wood plank flooring in this Handsome & Clean one story! This one-owner Mercedes home has great living spaces for your whole family to spread out... Open, inviting Living & Dining could be used in many different ways, it's such a large room! Adjacent study includes french doors & offers a great retreat to work. Big Master & bath has all the creature comforts & good light. At the center of the home is a large kitchen with built-in appliances, lots of cabinetry & space for barstools. The Breakfast, Kitchen, & Great Room are all bright, spacious, and open. Big rear yard with open patio. The care for this home is evident throughout. Come claim it... it's a good one!

Investor Tools

Property Icon
$397,710
Estimated Property Value
$202,267Estimated Mortgage Balance
$195,443Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,386 /month
Positive
Cash Flow Estimate:
$795 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$919/month
$270/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,043
$397,710
2025
$80,000
$317,710
$397,710
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,043
$397,710

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Stearns Lending Llc
Conventional
$234,000
No
First
Jul 26, 2019
Aug 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$202,267
$195,443
49%
51%
$1,403/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,673/mo
+$899/mo
7.8%

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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5309 Hopewell Drive | Property Details | No Agent List