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$252,000

NAL Estimated Property Value

5918 Martie Ln, Garland, TX, 75043

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,362 Sq Ft
price_per_sqft$132.09 / sqft
Year BuiltBuilt in 1976

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 Cooktop, Electric Range, Plumbed For Ice Maker, Refrigerator
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size7,080 sqft

Building Information

Year Built1976
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26296700020060000
Lot Number6
SubdivisionLake
Land UseResidential
Legal DescriptionLAKE CREST PARK 1 BLK 2 LOT 6 INT202000062749 DD03022020 CO-DC 2967000200600 1CG29670002
Census Tract018142
Assessed Land Value$70,000
Assessed Improvement Value$165,660
Assessment Year2025

About this property

APPLIANCES INCLUDED--Washer, Dryer, and Refrigerator! Adorable and well loved one story home in great neighborhood with excellent schools. Upgraded double pane windows throughout. Laminate flooring installed two years ago. AC unit meticulously serviced twice a year since owned by the current owner. Large backyard is great for kids and pets and big enough for your dream outdoor living area or pool. Homes in this neighborhood are not on the market long, so bring your buyer and make an offer!

Investor Tools

Property Icon
$252,000
Estimated Property Value
$148,989Estimated Mortgage Balance
$103,011Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,512 /month
Positive
Cash Flow Estimate:
$504 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$394/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,464
$235,660
2025
$70,000
$165,660
$235,660
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,464
$235,660

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Conventional
$165,368
No
First
Mar 25, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$148,989
$103,011
40%
59%
$992/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$992/mo
+$980/mo
9.4%

City: Garland