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$255,000

6217 Fallbrook Dr, Garland, TX, 75043

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,988 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$128.27 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesPrivate Yard
Lot Size7,316 sqft

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26421920010160000
Lot Number16
SubdivisionOaks
Land UseResidential
Legal DescriptionOAKS 6 BLK 1 LOT 16 INT202000217762 DD08122020 CO-DC 4219200101600 1CG42192001
Census Tract018132
Assessed Land Value$85,000
Assessed Improvement Value$216,920
Assessment Year2025

About this property

Offering nearly 2,000 square feet of single-story living, this three-bedroom, two-bath home presents an excellent opportunity to personalize a spacious property in an established Garland neighborhood. The functional layout features two generous living areas, a dedicated dining room, and an eat-in kitchen with built-in cabinetry, dual sinks, ample counter space, and a pantry. A brick fireplace adds warmth and character, while the primary suite includes a private bath and walk-in closet. Two additional bedrooms provide flexibility for family, guests, or a home office. Outside, enjoy covered front and rear porches, a landscaped interior lot, a wood-fenced private yard, a rear-entry two-car garage with alley access, and a brand new HVAC system. Conveniently located near city amenities and offered AS IS, this property is ready for a buyer to bring their vision and make it their own.

Investor Tools

$127,149Estimated Mortgage Balance
$174,771Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,812 /month
Positive
Cash Flow Estimate:
$604 /month

Interested in this property?

Tessa Stephenson

M&D Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$475/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,190
$301,920
2025
$85,000
$216,920
$301,920
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,190
$301,920

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$144,000
No
First
Aug 12, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$127,149
$174,771
57%
42%
$864/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$864/mo
+$1,108/mo
7.8%

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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6217 Fallbrook Dr | Property Details | No Agent List