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$313,300

NAL Estimated Property Value

601 Cranbrook Park, Garland, TX, 75043

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,791 Sq Ft
price_per_sqft$170.3 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Plumbed For Ice Maker
FlooringCeramic Tile, Other, Wood, Vinyl

Exterior

Lot Size7,560 sqft

Building Information

Year Built1971
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26386500370310000
Lot Number31
SubdivisionNew World
Land UseResidential
Legal DescriptionNEW WORLD 4 BLK 37 LT 31 INT202200064019 DD03042022 CO-DC 3865003703100 1CG38650037
Census Tract018129
Assessed Land Value$60,000
Assessed Improvement Value$253,300
Assessment Year2025

About this property

Wonderfully updated & well maintained rare find 4 bedroom 2 bathroom home with TWO LIVING AREAS, FULL 2 car garage & tons of upgrades! Your new home is perfect for entertaining featuring an updated semi open concept kitchen with GRANITE COUNTERTOPS, TILE BACKSPLASH, SS APPLIANCES, & raised dining area. Take your entertaining beyond the TWO LIVING SPACES outside with TWO SEPERATE PATIOS perfect for summer bbqs, or morning coffee. Enjoy the flexibility this home offers with 4 LARGE BEDROOMS of which any would make the perfect flex space. Recent updates include Roof 2020, Flooring 2021, Water Heater 2021, HVAC 2021, Dishwasher 2022. With as many features as this home offers it will certainly not last long!

Investor Tools

Property Icon
$313,300
Estimated Property Value
$271,456Estimated Mortgage Balance
$41,844Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,880 /month
Positive
Cash Flow Estimate:
$627 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$736/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,268
$313,300
2025
$60,000
$253,300
$313,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,268
$313,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Titus38 Llc
Conventional
$294,500
No
First
Mar 4, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$271,456
$41,844
13%
87%
$1,766/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,766/mo
+$806/mo
9.9%

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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601 Cranbrook Park | Property Details | No Agent List