$322,840
NAL Estimated Property Value537 Santa Cruz Dr, Garland, TX, 75043
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerMove-In Ready
Highlights
Interior
AppliancesDishwasher, Disposal, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCeramic Tile, Laminate
Exterior
Lot Size8,064 sqft
Building Information
Year Built1977
Stories1
Roof Type105
Garage Spaces4
Land Information
APN26308700150100000
Lot Number10
SubdivisionLa Prada
Land UseResidential
Legal DescriptionLA PRADA 2 BLK 15 LOT 10 INT202100166209 DD06022021 CO-DC 3087001501000 1CG30870015
Census Tract018126
Assessed Land Value$60,000
Assessed Improvement Value$262,840
Assessment Year2025
About this property
MULTIPLE OFFERS RECEIVED! Best and final deadline by Sunday, April 25th at 9 pm. Beautifully updated and taken care of, 3 bedrooms, 2 baths, with extra BONUS room that can be a formal dining, second living, game room or home office. Large living room with wet bar and sink, all bedrooms have walk-in closets, master bedroom with large walk-in closet, large master bathroom, and fireplace. Previous foundation work has transferrable warranty. All information contained herein deemed reliable but not guaranteed. Buyer and buyer's agent to verify.
Investor Tools
$322,840
Estimated Property Value
$258,129Estimated Mortgage Balance
$64,711Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,937 /month
Positive
Cash Flow Estimate:
$646 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$746/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,341
$322,840
2025
$60,000
$262,840
$322,840
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,341
$322,840
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Fha
$279,837
Yes
First
Jun 2, 2021
Jul 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$258,129
$64,711
20%
80%
$1,708/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,708/mo
+$264/mo
7.3%
