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$316,210

701 Cascade Dr, Garland, TX, 75041

$350,451 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,085 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.08 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringCeramic Tile, Laminate

Exterior

Lot Size7,500 sqft

Building Information

Year Built1954
Stories1
Roof Type105

Land Information

APN26125500060130000
Lot Number13
SubdivisionCrown Hill
Land UseResidential
Legal DescriptionCROWN HILL BLK F LOT 13 INT202300105440 DD05262023 CO-DC 1255000601300 1CG12550006
Census Tract018206
Assessed Land Value$45,000
Assessed Improvement Value$271,210
Assessment Year2025

About this property

Price reduction for quick sale! Step inside to a spacious, tastefully remodeled three bedroom plus office offering nearly 2,100 square feet of living space. The primary bedroom is huge and has an impressive oversized shower and closet to match. The secondary bedrooms are split from the primary for privacy and have access to a remodeled full bathroom with dual sinks. The living room and kitchen flow seamlessly together with an additional option for formal dining at the front of the house. Outside the office are a wall of built-ins and drawers so no space is wasted. The gorgeous kitchen offers abundant cabinets, a large storage island, a full pantry, quartz counters, subway tile backsplash, and recessed lighting. Full size laundry room available with washer and dryer included. This level of updating, amenities and space is not typically found at this price point. Close to highly acclaimed Hillside Academy for Excellence and just a quick drive to Lake Ray Hubbard.

Investor Tools

Property Icon
$316,210
Estimated Property Value
$230,000Estimated Mortgage Balance
$98,862Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$350,450
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,897 /month
Positive
Cash Flow Estimate:
$632 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$731/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,190
$316,210
2025
$45,000
$271,210
$316,210
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,190
$316,210

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending
Conventional
$230,000
No
First
May 26, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$217,348
$98,862
31%
69%
$1,379/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,379/mo
+$593/mo
7.5%

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.

Explore Texas Explore This Area
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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701 Cascade Dr | Property Details | No Agent List