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$350,000

NAL Estimated Property Value

5510 Coronado Dr, Garland, TX, 75043

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,138 Sq Ft
price_per_sqft$163.7 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Water Heater, Microwave, Double Oven
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size8,640 sqft

Building Information

Year Built1981
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26309240060380000
Lot Number38
SubdivisionLa Prada
Land UseResidential
Legal DescriptionLA PRADA 8 BLK 6 LT 38 INT201900324367 DD11272019 CO-DC 3092400603800 1CG30924006
Census Tract018129
Assessed Land Value$70,000
Assessed Improvement Value$247,600
Assessment Year2025

About this property

* We are in a multiple offer situation. All offers are due by Sunday, June 28th, at 4pm * Priced $30,000 below appraised value and sitting on an oversized lot with mature trees, two separate fenced backyard areas, and a full list of completed improvements, this single-story Garland ISD home is one of the more complete packages available at this price point in the area. The 2,138 sq ft floor plan lives exceptionally well. The primary suite is tucked away from the two secondary bedrooms, each with a walk-in closet, with the hall and full bath providing a natural separation between them. A dedicated home office off the foyer features floor-to-ceiling custom built-in shelving, a built-in desk, and a crystal chandelier, accessed through French doors. The living room is a standout. Decorative wood beam ceilings, picture frame wall molding, recessed lighting, and a full-height whitewashed brick fireplace with a wood mantel give it real character. The fireplace is wood-burning with gas logs. Wide-plank luxury vinyl flooring in an espresso tone runs throughout. The 2025 kitchen features white shaker cabinets with soft-close drawers, gray quartz countertops, a stainless steel farmhouse sink, and a cobalt blue patterned tile backsplash. The appliance package includes a 6-burner gas range with a commercial vent hood and a double electric oven. Both bathrooms were renovated in 2024. The primary ensuite has a double vanity with Carrara marble countertops, matte black fixtures, and a large walk-in shower with floor-to-ceiling gray subway tile and a mosaic inset floor. Major systems: new roof (2021), HVAC (2020), water heater (2020), windows (2019), and foundation repairs (2019) with a transferable warranty. The two-car garage has epoxy flooring and extra storage. No HOA. Zoned to Garland ISD. Minutes from Lake Ray Hubbard, I-635 and I-30.

Investor Tools

Property Icon
$350,000
Estimated Property Value
$237,873Estimated Mortgage Balance
$112,127Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$259/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,357
$317,600
2025
$70,000
$247,600
$317,600
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,357
$317,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Conventional
$193,600
No
First
Nov 25, 2019
Dec 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$237,873
$98,127
29%
68%
$1,581/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,581/mo
+$391/mo
6.8%

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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