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$169,000

NAL Estimated Property Value

5718 Marvin Loving Dr # E-119, Garland, TX, 75043

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths920 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.41 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven

Exterior

Lot Size4.16 acres

Building Information

Year Built1982
Stories1
Roof Type105

Land Information

APN261785300E1190000
Lot Number4
SubdivisionHighpoint Landing Condos
Land UseResidential
Legal DescriptionHIGHPOINT LANDING CONDOS BLK 2 PT LT 4 BLDG E UNIT 119 CE 1.17% INT201600141680 DD05242016 CO-DC 1787800200400 32617878002
Census Tract018141
Assessed Land Value$31,770
Assessed Improvement Value$129,140
Assessment Year2025

About this property

Welcome to this beautifully updated 2-bedroom, 2-bathroom CONDO in a prime Garland location! Nestled on the FIRST FLOOR, this home offers easy access and convenience, perfect for anyone looking for comfortable and modern living. Step inside to find fresh updates throughout, including stylish flooring and contemporary finishes. The open-concept layout creates a bright and inviting atmosphere, while the spacious bedrooms provide plenty of comfort. Best of all? Step right outside your door and enjoy the community pool, located just next to the condo! Plus, with the lake just minutes away, you’ll have access to beautiful trails, fishing, and outdoor activities.. Landlord pays monthly HOA monthly fee which includes water, sewer, trash, pest control, use of common facilities, and roof & foundation! REQUIREMENTS: rent must over 3x rent, credit over 630, and clean background. Credit and background report is $33. Everyone over 18 must submit separate application. Deposit and First month's rent are due at signing.

Investor Tools

Property Icon
$169,000
Estimated Property Value
$0Estimated Mortgage Balance
$169,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,014 /month
Positive
Cash Flow Estimate:
$338 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$218/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,775
$160,910
2025
$31,770
$129,140
$160,910
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,775
$160,910

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$169,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
N/A
+$1,565/mo
11.1%

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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5718 Marvin Loving Dr # E-119 | Property Details | No Agent List