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$359,830

NAL Estimated Property Value

5406 Oakmont Ln, Garland, TX, 75043

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,228 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$161.58 / sqft
Year BuiltBuilt in 1986

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
AppliancesElectric Oven
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesPrivate Yard
Lot Size7,094 sqft

Building Information

Year Built1986
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26262600030020000
Lot Number2
SubdivisionHighcrest
Land UseResidential
Legal DescriptionHIGHCREST BLK 3 LOT 2 INT202400206260 DD10102024 CO-DC 2626000300200 1CG26260003
Census Tract018142
Assessed Land Value$60,000
Assessed Improvement Value$299,830
Assessment Year2025

About this property

Step into a home steeped in cherished memories, as this property has been family owned for over 30 years. The neighborhood offers a highly sought after location with Lake Ray Hubbard being minutes away, plus the nearby park, stores, restaurants, access to major highways and being in the highly rated Garland ISD. The home itself offers a split-floor plan with an eat-in kitchen and formal dining area. You will love having your coffee each morning in the warm sun room, which could double as an office space for those remote employees! Recent updates include a 4-year-old roof boasting durable 30-year shingles and a recently replaced HVAC system, those big ticket items already being taken care of. You’ll love the opportunity to make this home your own! Some repairs have been made, some are still needed. The home is priced accordingly, well below market value and the seller is motivated. Selling as-is. Bring us an offer! --

Investor Tools

Property Icon
$359,830
Estimated Property Value
$353,049Estimated Mortgage Balance
$6,781Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,160 /month
Positive
Cash Flow Estimate:
$720 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$542/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,703
$359,830
2025
$60,000
$299,830
$359,830
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,703
$359,830

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Fha
$363,298
Yes
First
Oct 10, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$353,049
$6,781
1%
98%
$2,179/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,179/mo
$-207/mo
6.6%

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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5406 Oakmont Ln | Property Details | No Agent List