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$260,000

6014 Raleigh Drive, Garland, TX, 75044

$333,311 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,243 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$115.92 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size10,080 sqft

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26092670010140000
Lot Number14
SubdivisionClear Creek
Land UseResidential
Legal DescriptionCLEAR CREEK ESTATES 3 BLK 1 LT 14 INT202000228397 DD08212020 CO-DC 0926700101400 1CG09267001
Census Tract019051
Assessed Land Value$95,000
Assessed Improvement Value$352,220
Assessment Year2025

About this property

**MULTIPLE OFFERS RECEIVED**DEADLINE 4PM 8-2.Great area, a great house just needs a little work! Priced below tax value with the owner knowing it needs some TLC and updating. No FHA or VA, so show buyers with cash or with a line of credit so they can buy and make the obvious repairs. Nice floor plan, split master has an entrance from the patio and a spacious master bath. The second and third bedroom share the second bath and there is a half bath off the game room. Has nice landscaping in the front and the back and it can make someone a nice place to call home! Investors are welcome, but no low ball or blind offers please. Seller will not make any repairs.

Investor Tools

Property Icon
$447,220
Estimated Property Value
$0Estimated Mortgage Balance
$225,245Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$333,311
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,683 /month
Positive
Cash Flow Estimate:
$894 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$709/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,271
$447,220
2025
$95,000
$352,220
$447,220
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,271
$447,220

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$249,850
No
First
Aug 21, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$221,975
$225,245
50%
50%
$1,498/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,498/mo
+$652/mo
5.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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6014 Raleigh Drive | Property Details | No Agent List