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$199,950

702 Santiago Drive, Garland, TX, 75043

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,654 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$120.89 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size4,300 sqft

Building Information

Year Built1985
Stories2
Roof Type105
Garage Spaces2

Land Information

APN26333450030010000
Lot Number1
SubdivisionMeadowcreek Court
Land UseResidential
Legal DescriptionMEADOWCREEK COURT BLK 3 LT 1 INT202000071440 DD03062020 CO-DC 3334500300100 1CG33345003
Census Tract018126
Assessed Land Value$60,000
Assessed Improvement Value$230,460
Assessment Year2025

About this property

Looking for a great starter home? This one is on a very desired corner lot and is updated with nice wood laminate floors throughout the house, new carpet, new paint. One living area and master bedroom on 2nd floor with cedar closets in the master bath and 2 bedrooms and second living area downstairs. Great for letting the kids have their own space. Stay out of the heat under the great covered porch area in the nice sized fenced in back yard. This is great for entertaining. This home is close to Northwest Highway, 635 and I-30 so easy access to all. Also close to shopping, parks and golf course. This IS a Split Level home - Master Up and 2 beds down

Investor Tools

Property Icon
$290,460
Estimated Property Value
$0Estimated Mortgage Balance
$119,874Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,743 /month
Positive
Cash Flow Estimate:
$581 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$707/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,026
$290,460
2025
$60,000
$230,460
$290,460
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,026
$290,460

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First State Bank
Conventional
$194,000
No
First
Mar 6, 2020
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$170,586
$119,874
41%
59%
$1,164/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,164/mo
+$808/mo
8.1%

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.

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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