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$245,000

NAL Estimated Property Value

610 King Lane, Garland, TX, 75042

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,258 Sq Ft
price_per_sqft$139.11 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Cooktop, Other
FlooringLaminate, Other

Exterior

Lot Size9,246 sqft

Building Information

Year Built1958
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26665500020250000
Lot Number25
SubdivisionWestern Heights
Land UseResidential
Legal DescriptionWESTERN HEIGHTS BLK 2 LOT 25 INT202000155277 DD06122020 CO-DC 6655000202500 1CG66550002
Census Tract019046
Assessed Land Value$50,000
Assessed Improvement Value$195,000
Assessment Year2025

About this property

GREAT LOCATION WALKING DISTANCE TO SCHOOL, LARGE BACK YARD PLEASE EXCUSE THE CLUTTER CHILDREN AT THE HOUSE

Investor Tools

Property Icon
$245,000
Estimated Property Value
$199,108Estimated Mortgage Balance
$45,892Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$359/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,079
$245,000
2025
$50,000
$195,000
$245,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,079
$245,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Fha
$170,672
Yes
First
Jul 28, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$199,108
$45,892
18%
81%
$1,294/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,294/mo
+$678/mo
9.7%

City: Garland

610 King Lane | Property Details | No Agent List