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$270,490

NAL Estimated Property Value

641 Freeman Dr, Garland, TX, 75040

$285,287 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,900 Sq Ft
price_per_sqft$143.68 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range, Refrigerator
FlooringCeramic Tile, Laminate

Exterior

Lot Size10,703 sqft

Building Information

Year Built1949
Stories1
Roof Type105
Garage Spaces3

Land Information

APN26087500090260000
Lot Number26
SubdivisionChandler Heights
Land UseResidential
Legal DescriptionCHANDLER HEIGHTS BLK I LT 26 VOL2002213/2330 DD10162002 CO-DC 0875000902600 32608750009
Census Tract018700
Assessed Land Value$65,000
Assessed Improvement Value$205,490
Assessment Year2025

About this property

Discover the perfect fusion of modern updates and expansive living in this beautifully reimagined Garland home. Step inside and be drawn to the heart of the house: a light-filled, massive eat-in kitchen that serves as a stunning centerpiece for daily life and entertaining. Anchored by a granite-topped center island and equipped with a gas range and new appliances, this space flows effortlessly into the adjoining dining and living areas. The thoughtful split-bedroom layout provides exceptional privacy and flexibility, creating ideal separation for a home office, guest quarters, or multi-generational arrangements, all set atop durable, easy-care flooring. Your living space extends outdoors to a private quarter-acre lot, offering a vast canvas for gardening, recreation, or simply relaxing under mature shade trees. The oversized garage is a dream for hobbyists or anyone needing a workshop or extensive storage, while dual driveways provide ample, convenient parking. Move in with confidence knowing the critical systems were updated in 2022, including a new roof, HVAC, water heater, and siding. Located just moments from the vibrant shops and restaurants of historic Downtown Garland and offering quick access to major highways, this home combines updated comfort, incredible space, and a prime location.

Investor Tools

Property Icon
$270,490
Estimated Property Value
$472,337Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$285,286
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,638 /month
Positive
Cash Flow Estimate:
$546 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$613/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,000
$270,490
2025
$65,000
$205,490
$270,490
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,000
$270,490

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texasbank
Conventional
$236,700
No
First
Mar 23, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$472,337
N/A
0%
175%
$3,014/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$3,014/mo
$-1,042/mo
8.7%

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.

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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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641 Freeman Dr | Property Details | No Agent List