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$516,000

NAL Estimated Property Value

6801 Springwood Lane, Garland, TX, 75044

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,897 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$122.54 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Disposal, Electric Oven, Double Oven, Plumbed For Ice Maker, Vented Exhaust Fan, Warming Drawer, Gas Water Heater
FlooringCarpet, Stone

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size5,200 sqft

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26287510020060000
Lot Number6
SubdivisionIrongate At Firewheel
Land UseResidential
Legal DescriptionIRONGATE AT FIREWHEEL BLK 2 LT 6 INT201900351371 DD12202019 CO-DC 2875100200600 1CG28751002
Census Tract019050
Assessed Land Value$98,000
Assessed Improvement Value$337,490
Assessment Year2025

About this property

So many high end, top quality, designer features, impossible to list them all! From the sophisticated Groin Vault ceiling in Dramatic Entry & Endless Travertine Flooring, Large open family room with exposed beam vaulted ceiling, and Custom cast stone fireplace, State of the Art Chef’s Kitchen w its Exposed Beam Ceiling, Commercial Grade Cooktop, Furniture Grade Island; enclosed Separate patio kitchen. Beautiful master suite w Bay Windows, frameless shower, garden tub, furniture grade cabinets, travertine & flex room just off the master bath to be whatever you want; it leads into sumptuous master closet that leads to the spacious laundry. Upstairs media room has a full bath; could be a third bedroom.

Investor Tools

Property Icon
$516,000
Estimated Property Value
$237,662Estimated Mortgage Balance
$278,338Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,096 /month
Positive
Cash Flow Estimate:
$1,032 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,068/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,232
$435,490
2025
$98,000
$337,490
$435,490
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,232
$435,490

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Summit Funding Inc
Conventional
$272,000
No
First
Dec 20, 2019
Jan 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$237,662
$278,338
53%
46%
$1,631/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,710/mo
$1,781/mo
$-71/mo
4.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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6801 Springwood Lane | Property Details | No Agent List