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$200,070

NAL Estimated Property Value

5712 Marina Drive 6, Garland, TX, 75043

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,053 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$123.46 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesBalcony, Rain Gutters
Lot Size3.15 acres

Building Information

Year Built1974
Stories2
Roof Type105

Land Information

APN26126750010060000
SubdivisionCaptains Quarters 2/Crows Nest
Land UseResidential
Legal DescriptionCAPTAINS QUARTERS 2/CROWS NEST BLDG B UNIT 6 CE 2.5% INT201900262695 DD09302019 CO-DC 1267500100600 32612675001
Census Tract018141
Assessed Land Value$27,420
Assessed Improvement Value$172,650
Assessment Year2025

About this property

Recently updated! New AC, New paint, New tile and carpet! This cozy condo nestled in Crows Nest on Lake Ray Hubbard, just walking distance to the marina offers lakeside living at an affordable cost! Maximizing the use of space offering 2 large bedrooms upstairs, large living area with a wet bar, dining and kitchen downstairs. Beautiful touches such as plantation shutters adds a rich feel to this charming home. Second story balcony off of master, community pool just down the breeze way. This is a must see if lake life is part of your dream home. Furniture is negotiable if interested buyer.

Investor Tools

Property Icon
$200,070
Estimated Property Value
$71,189Estimated Mortgage Balance
$128,881Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,200 /month
Positive
Cash Flow Estimate:
$400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$278/month
$176/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,331
$200,070
2025
$27,420
$172,650
$200,070
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,331
$200,070

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Home Mortgage Llc
Conventional
$82,000
No
First
Sep 30, 2019
Oct 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$71,189
$128,881
64%
36%
$492/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$668/mo
+$897/mo
9.4%

City: Garland

5712 Marina Drive 6 | Property Details | No Agent List