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$185,820

NAL Estimated Property Value

5701 Marvin Loving Drive 211B, Garland, TX, 75043

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths650 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$130.62 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

BankruptcyOff-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Refrigerator
FlooringCarpet

Exterior

Lot Size1.28 acres

Building Information

Year Built1982
Stories1
Roof Type105

Land Information

APN261785400B2130000
SubdivisionFaulkner Point
Land UseResidential
Legal DescriptionFAULKNER POINT 7 BLK 3 BLDG B UNIT 213 CE 4.3556% (55,696 SQ FT) INT200900242477 DD08192009 CO-DC 1785400B213000 3261785400B
Census Tract018141
Assessment Year2025

About this property

Buyers financing fell thru the day of closing!! Back on market! Great second floor condo complete with granite counters, sunroom, stainless steel appliances, neutral paint, upgraded carpet, fridge, vaulted ceilings and beautiful views of Lake Ray Hubbard and marina. Minutes to Bass Pro, restaurants, shopping and easy access on and off I-30.

Investor Tools

Property Icon
$185,820
Estimated Property Value
$41,567Estimated Mortgage Balance
$144,253Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,115 /month
Positive
Cash Flow Estimate:
$372 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$96/month
$148/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$220
$185,820
2025
N/A
N/A
$185,820
No

Tax History

Year
Tax Paid
Assessed Value
2024
$220
$185,820

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Credit Line (Revolving) / Heloc
$50,000
No
First
Feb 24, 2018
Feb 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$41,567
$144,253
77%
22%
$300/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$448/mo
+$1,117/mo
10.1%

City: Garland

5701 Marvin Loving Drive 211B | Property Details | No Agent List