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$308,760

NAL Estimated Property Value

7022 Wills Dr, Garland, TX, 75043

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,460 Sq Ft
price_per_sqft$215.75 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesPrivate Yard
Lot Size7,107 sqft

Building Information

Year Built1985
Stories2
Roof Type105
Garage Spaces1

Land Information

APN26447580040060000
Lot Number6
SubdivisionPecan Park
Land UseResidential
Legal DescriptionPECAN PARK BLK 4 LOT 6 INT202300120879 DD06162023 CO-DC 4475800400600 1CG44758004
Census Tract018132
Assessed Land Value$60,000
Assessed Improvement Value$248,760
Assessment Year2025

About this property

Showings start May 12th at 10am. Beautifully updated 3 bed, 2.5 bath home in Garland near Lake Ray Hubbard. Experience a mature neighborhood for affordable prices. This home has many updates included engineered hardwoods, granite counters with stainless steel appliances in the kitchen, and both full bathrooms upstairs. Downstairs features a large living room with the dining room and kitchen nearby with a mostly open floorplan, a quaint breakfast nook, and a laundry area and half bath. Upstairs features the primary bedroom with generous ensuite bath as well as two sizable secondary bedrooms with an updated guest bathroom. Both upstairs bathrooms have been updated with new countertops. In the backyard, you'll find ample green space to enjoy, plenty of room for a pool if you desired to create a backyard oasis, and an extended concrete patio to enjoy cookouts or a nice fire. This home has it all - don't miss out!

Investor Tools

Property Icon
$308,760
Estimated Property Value
$189,322Estimated Mortgage Balance
$119,438Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$709/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,963
$308,760
2025
$60,000
$248,760
$308,760
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,963
$308,760

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Tiger Loans Inc
Conventional
$200,000
No
First
Jun 16, 2023
Jul 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$189,322
$119,438
38%
61%
$1,200/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,200/mo
+$772/mo
7.7%

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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7022 Wills Dr | Property Details | No Agent List