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$202,000

NAL Estimated Property Value

624 Chandler Drive, Garland, TX, 75040

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths778 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$173.52 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Plumbed For Ice Maker, Refrigerator
FlooringLaminate, Vinyl

Exterior

Lot Size9,768 sqft

Building Information

Year Built1949
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26087500080110000
Lot Number11
SubdivisionChandler Heights
Land UseResidential
Legal DescriptionCHANDLER HEIGHTS BLK H LOT 11 INT202100137376 DD05072021 CO-DC 0875000801100 1CG08750008
Census Tract018700
Assessed Land Value$65,000
Assessed Improvement Value$131,610
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED,DEADLINE TO SUBMIT OFFERS IS MONDAY 22nd At 3:00 PM! Charming 2 Bedrooms 1 Bath Home located in an established neighborhood in Garland. Perfect for a First Time Homebuyer, AC & Heating Unit were replaced in 2019. Updated Bathroom with an open Kitchen Concept.Huge Backyard! Easy Access to highways, Come see what this house has to offer!

Investor Tools

Property Icon
$202,000
Estimated Property Value
$127,168Estimated Mortgage Balance
$74,832Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,212 /month
Positive
Cash Flow Estimate:
$404 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$448/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,368
$196,610
2025
$65,000
$131,610
$196,610
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,368
$196,610

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Department Of Housing & Urban Dev
Fha
$132,554
Yes
First
Feb 14, 2024
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$127,168
$74,832
37%
63%
$795/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$795/mo
+$770/mo
9.3%

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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624 Chandler Drive | Property Details | No Agent List