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$592,000

NAL Estimated Property Value

6623 Springwood Lane, Garland, TX, 75044

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,166 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$163.93 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2012
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26287510030080000
SubdivisionIrongate At Firewheel
Land UseResidential
Legal DescriptionIRONGATE AT FIREWHEEL BLK 3 LT 8 INT202100230679 DD07232021 CO-DC 2875100300800 1CG28751003
Census Tract019050
Assessment Year2025

About this property

Don't miss this elegant custom home in the golf course adjacent and gated community of Irongate! Find an open floor plan with gorgeous hand scraped floors throughout downstairs, a large kitchen island overlooking the living room and dining space + 2 bedrooms downstairs. The spacious Master Retreat has a spa-like bath with dual vanities, a soaking tub and a large walk in closet. The chef's kitchen has stainless steel appliances, a gas cooktop,and knotty alder cabinetry.You will be impressed with the size of the upstairs bedrooms that open up to a huge living space. Great lock and leave property close to George Bush freeway, restaurants and several golf courses.

Investor Tools

Property Icon
$592,000
Estimated Property Value
$447,678Estimated Mortgage Balance
$144,322Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,552 /month
Positive
Cash Flow Estimate:
$1,184 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,135/month
$1,500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,657
$560,050
2025
N/A
N/A
$560,050
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,657
$560,050

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$493,050
No
First
Jul 23, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$447,678
$144,322
24%
76%
$2,957/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,810/mo
$4,457/mo
$-1,647/mo
5.7%

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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6623 Springwood Lane | Property Details | No Agent List