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$1,122,000

5324 Broadway Boulevard, Garland, TX, 75043

PendingInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size1 acre

Land Information

APN65076138510110000
SubdivisionJohn Little Abst 761
Land UseResidential
Legal DescriptionJOHN LITTLE ABST 761 PG 385 TR 11 ACS 1.00 S-3-C INT202300079015 DD02232023 CO-DC 0761385101100 1CG07613851
Census Tract018148
Assessed Land Value$217,800
Assessment Year2025

About this property

Calling builders, developers and investors for this one! This site is ready for construction. Plans approved with the City of Garland for a 17 unit townhome project, 3 story units with a two car garage plus the bonus of the 4th level to be roof top decks per city request. Just what buyers are looking for in this market and with limited inventory for this type of project in this area, they will sell great! This is a beautifully planned project. So close to I-30, Walmart, other retail and restaurants not to mention centrally located within 15 minutes to Downtown Dallas, minutes to 190 and other major freeways. Minutes to Downtown Garland, which has so much to offer, culture, arts, entertainment, one of the best downtown areas in the Metroplex with connection to the DART Station. Price includes the land, all the building plans and the documents to get to the stage of building. Owner spent several years getting to this point, so you start your building process fast.

Investor Tools

$0Estimated Mortgage Balance
$1,113,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,732 /month
Positive
Cash Flow Estimate:
$2,244 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$561/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,163
$217,800
2025
$217,800
N/A
$217,800
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,163
$217,800

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,113,000
100%
0%
$0/mo

City: Garland

5324 Broadway Boulevard | Property Details | No Agent List