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$125,000

645 Carriagehouse Lane 5, Garland, TX, 75040

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths916 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$136.46 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator, Electric Water Heater
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size6.62 acres

Building Information

Year Built1984
Stories2
Roof Type105

Land Information

APN26079750000L00006
Lot Number1
SubdivisionCarriagehouse Vlg/Victoria Place
Land UseResidential
Legal DescriptionCARRIAGEHOUSE VLG/VICTORIA PLACE PHASE 1 BLK 1 LT 1 2.329ACS BLDG L UNIT 6 CE 0.9% INT201900144141 DD06032019 CO-DC
Census Tract018152
Assessed Land Value$25,940
Assessed Improvement Value$134,360
Assessment Year2025

About this property

Charming Move in Ready Townhome in Victoria Place! Conveniently located near Firewheel mall. This 2 bed 1.1 bath home features laminate flooring in living area, granite counters in kitchen, updated bathrooms, and no popcorn ceilings! Open living to dining area great for entertaining! Walking distance to community pool. Easy access to highways, retail & restaurants!

Investor Tools

Property Icon
$169,000
Estimated Property Value
$0Estimated Mortgage Balance
$77,230Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,014 /month
Positive
Cash Flow Estimate:
$338 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$372/month
$185/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,624
$160,300
2025
$25,940
$134,360
$160,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,624
$160,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$106,400
No
First
Jun 3, 2019
Jul 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$91,770
$77,230
45%
54%
$638/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$823/mo
+$742/mo
11.1%

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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645 Carriagehouse Lane 5 | Property Details | No Agent List