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$197,000

NAL Estimated Property Value

648 N 4th St, Garland, TX, 75040

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths909 Sq Ft
price_per_sqft$206.27 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range

Exterior

Exterior FeaturesStorage
Lot Size7,445 sqft

Building Information

Year Built1954
Stories1
Roof Type105

Land Information

APN26105500030280000
Lot Number28
SubdivisionCooper Barger Industrial
Land UseResidential
Legal DescriptionCOOPER BARGER INDUSTRIAL BLK C LOT 28 INT202400151592 DD07292024 CO-DC 1055000302800 1CG10550003
Census Tract018801
Assessed Land Value$50,000
Assessed Improvement Value$140,290
Assessment Year2025

About this property

Multiple offers deadline 10am July 6th. This quaint property offers an open floor plan, sunroom, 2 bedrooms, and 1 bathroom, making it the perfect size for anyone looking for a comfortable living space. The property boasts a spacious backyard, perfect for enjoying the outdoors or adding on to the current structure if desired. Located less than a half mile away from the Downtown Garland rail station. Centrally located only about 3 miles to N. George Bush Fwy. and less than 5 miles to 635. The property features fresh paint, updated kitchen countertops, new dishwasher and range, foundation has been repaired with a warranty, roof in 2017, and much more. The property is priced to sell and will allow the buyer to bring their style and touches to make this their home! Seller is not looking to make any additional repairs or modifications to the property and is priced to sell as is!

Investor Tools

Property Icon
$197,000
Estimated Property Value
$187,651Estimated Mortgage Balance
$9,349Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,182 /month
Positive
Cash Flow Estimate:
$394 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$433/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,214
$190,290
2025
$50,000
$140,290
$190,290
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,214
$190,290

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Fha
$186,558
Yes
First
Jul 29, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$187,651
$9,349
4%
95%
$1,164/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,164/mo
+$808/mo
12.0%

Learn About the Market: Opportunity in Texas

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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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648 N 4th St | Property Details | No Agent List