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$277,000

NAL Estimated Property Value

606 Meadowcreek Ln, Garland, TX, 75043

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,566 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$111.75 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater
FlooringCeramic Tile, Laminate

Exterior

Lot Size9,888 sqft

Building Information

Year Built1970
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26336500120150000
Lot Number15
SubdivisionMeadowcreek Park
Land UseResidential
Legal DescriptionMEADOWCREEK PARK 4 BLK L LT 15 INT202300046338 DD03092023 CO-DC 3365001201500 1CG33650012
Census Tract018126
Assessed Land Value$50,000
Assessed Improvement Value$142,960
Assessment Year2025

About this property

Excellent location, by Centerville and Northwest Hwy. minutes to 635 and Hwy 30 Home with converted garage, great for 2nd living area or 4th bedroom. New framing and roof in 2022. Electrical cabling but needs everything else. Seller will have the house for sale in the market for about 7 days, if it does not sell in a few days, seller will start the rehab and bring this gem to its glory days. There are not utilities turned on at this time in the property. Cash only.

Investor Tools

Property Icon
$277,000
Estimated Property Value
$0Estimated Mortgage Balance
$277,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,662 /month
Positive
Cash Flow Estimate:
$554 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$481/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,387
$192,960
2025
$50,000
$142,960
$192,960
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,387
$192,960

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$277,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
N/A
+$2,572/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.

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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606 Meadowcreek Ln | Property Details | No Agent List