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$262,700

NAL Estimated Property Value

5532 Marina Drive, Garland, TX, 75043

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,575 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$130.16 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Laminate, Vinyl

Exterior

Lot Size6,300 sqft

Building Information

Year Built2003
Stories2
Roof Type105
Garage Spaces1

Land Information

APN260786000A0160000
Lot Number16
SubdivisionCaptains Quarters Rep
Land UseResidential
Legal DescriptionCAPTAINS QUARTERS 3 REP BLK A LT 16 INT202000076843 DD03132020 CO-DC 0786000A01600 1CG0786000A
Census Tract018141
Assessed Land Value$50,000
Assessed Improvement Value$212,700
Assessment Year2025

About this property

Move in ready 3 bedroom 2.5 bath half duplex close to Lake Ray Hubbard and I-30. Great floorpan with large living area and Galley kitchen. Great patio on side yard for relaxing and this home also has an attached 1 car garage. Walking distance to the lake, and Captain Cove Marina. Just a short drive to Bass Pro, shopping, restaurants and more!

Investor Tools

Property Icon
$262,700
Estimated Property Value
$176,257Estimated Mortgage Balance
$86,443Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,576 /month
Positive
Cash Flow Estimate:
$525 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$344/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,817
$262,700
2025
$50,000
$212,700
$262,700
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,817
$262,700

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$200,450
No
First
Mar 13, 2020
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$176,257
$86,443
32%
67%
$1,202/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,202/mo
+$770/mo
9.0%

City: Garland

5532 Marina Drive | Property Details | No Agent List