$278,000
NAL Estimated Property Value625 Edgemere Dr, Garland, TX, 75043
Off Market
Property Lead Type:
Off-Market ListDeal ListAbsentee Owner
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Range, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Laminate
Building Information
Year Built1981
Stories1
Roof Type105
Garage Spaces2
Land Information
APN26309200020120000
SubdivisionLa Prada
Land UseResidential
Legal DescriptionLA PRADA 6 BLK 2 LOT 12 VOL88137/3825 EX071388 CO-DALLAS 3092000201200 32630920002
Census Tract018129
Assessment Year2025
About this property
3-2-2 Brick house in Garland with a 1 car attached garage plus a carport located in the Mesquite school district. Property is priced to sell AS-IS and the seller will make no repairs. This property will not qualify for traditional financing programs in its current condition. House has obvious signs of foundation settlement, however the seller has no inspections or reports pertaining to how much foundation work is needed as of the listing date.
Investor Tools
$278,000
Estimated Property Value
$205,605Estimated Mortgage Balance
$72,395Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,668 /month
Positive
Cash Flow Estimate:
$556 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$582/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,599
$182,890
2025
N/A
N/A
$182,890
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,599
$182,890
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$206,500
No
First
Feb 23, 2026
Mar 2056
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$205,605
$72,395
26%
74%
$1,239/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,239/mo
+$733/mo
8.5%
