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$169,950

641 Carriagehouse Lane K2, Garland, TX, 75040

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,089 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$156.06 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Dryer, Electric Range, Refrigerator, Washer

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size6.62 acres

Building Information

Year Built1984
Stories2
Roof Type105

Land Information

APN26079750000K00004
Lot Number1
SubdivisionCarriagehouse Vlg/Victoria Place
Land UseResidential
Legal DescriptionCARRIAGEHOUSE VLG/VICTORIA PLACE PHASE I BLK 1 LT 1 2.329ACS BLDG K UNIT 4 CE 1.0% VOL84079/5772 DD04101984 CO-DC
Census Tract018152
Assessed Land Value$28,820
Assessed Improvement Value$165,430
Assessment Year2025

About this property

Don't miss out on this lovely updated townhome near Firewheel Town Center Shopping Plaza & PGBT! This 2 story gem is ideally located steps away from the community pool & mail center! Inside one will admire the open floorplan accented in a soft gray pallet and vinyl plank flooring. The kitchen features granite countertops, a breakfast bar, a stainless refrigerator, and an adjacent laundry area with washer & dryer. The living-dining area are enhanced by a brick fireplace and views of private courtyard that leads to 2 reserved parking spaces. One will appreciate the downstairs modernized half bath! The upper level has two bedrooms & a refurbished bath. Discover Victoria Place within GISD's choice of school!

Investor Tools

Property Icon
$194,250
Estimated Property Value
$0Estimated Mortgage Balance
$169,098Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,166 /month
Positive
Cash Flow Estimate:
$389 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$449/month
$220/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,417
$194,250
2025
$28,820
$165,430
$194,250
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,417
$194,250

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Unknown
$49,700
No
First
Apr 16, 2007
Apr 2017

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$25,152
$169,098
87%
13%
$298/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$518/mo
+$1,047/mo
9.7%

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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641 Carriagehouse Lane K2 | Property Details | No Agent List