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$302,610

610 Milky Way, Garland, TX, 75040

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,746 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.49 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Range, Gas Water Heater
FlooringCeramic Tile

Exterior

Lot Size7,750 sqft

Building Information

Year Built1962
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26581500050100000
Lot Number10
SubdivisionStar
Land UseResidential
Legal DescriptionSTAR CREST ESTATES BLK 5 LOT 10 INT202300057721 DD03242023 CO-DC 5815000501000 1CG58150005
Census Tract018105
Assessed Land Value$55,000
Assessed Improvement Value$247,610
Assessment Year2025

About this property

Great home and great area close to shopping, Schools and Freeways. SS appliances, Kitchen wood cabinets granite counter top, huge living room with fireplace for the families reunion, large patio cover and stamped concrete and more.

Investor Tools

Property Icon
$302,610
Estimated Property Value
$279,000Estimated Mortgage Balance
$39,866Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,859 /month
Positive
Cash Flow Estimate:
$620 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$699/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,881
$302,610
2025
$55,000
$247,610
$302,610
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,881
$302,610

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$279,000
No
First
Mar 24, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$262,744
$39,866
13%
87%
$1,673/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,673/mo
+$299/mo
7.8%

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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610 Milky Way | Property Details | No Agent List