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$297,000

NAL Estimated Property Value

6313 Fallbrook Dr, Garland, TX, 75043

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,962 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$152.85 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Range
FlooringCeramic Tile, Vinyl

Exterior

Lot Size11,193 sqft

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26421920010270000
Lot Number27
SubdivisionOaks
Land UseResidential
Legal DescriptionOAKS 6 BLK 1 LOT 27 INT201600269162 DD09212016 CO-DC 4219200102700 1CG42192001
Census Tract018132
Assessed Land Value$85,000
Assessed Improvement Value$172,160
Assessment Year2025

About this property

Adorable ranch home, just moments away from I-30, with updates, fresh paint, and ready for new owners. Settled in a well-established Garland neighborhood, property sits on a full quarter acre. Inside boasts great floorplan, with large, recessed living room with brick fireplace, great natural light, and vaulted ceilings. Wet bar off main living area with granite countertop, storage and textured backsplash. Well-sized dining room leads to large upgraded kitchen, with granite countertops, subway tile backsplash, stainless steel appliances including built-in microwave, excellent natural light with views of the backyard, attached breakfast room and more. Huge master bedroom with updated master bath and large shower. 2 other bedrooms are very well-proportioned with good closet space. Updated hall bath. Cozy backyard with wood privacy fence. Alley-access attached garage finishes out this gem of a home. Super low maintenance vinyl flooring, fresh paint, this charmer is ready for you!

Investor Tools

Property Icon
$297,000
Estimated Property Value
$103,965Estimated Mortgage Balance
$193,315Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,799 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$238/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,373
$257,160
2025
$85,000
$172,160
$257,160
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,373
$257,160

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Conventional
$131,250
No
First
Sep 12, 2016
Oct 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$103,965
$196,035
65%
35%
$787/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$787/mo
+$1,185/mo
8.0%

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.

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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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6313 Fallbrook Dr | Property Details | No Agent List