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$375,000

7122 Don Gomez Ln, Garland, TX, 75043

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths2 Bath
Baths2,618 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$143.24 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Water Heater, Gas Cooktop, Gas Oven, Microwave

Building Information

Year Built1988
Stories2
Roof Type105
Garage Spaces4

Land Information

APN26447560080060000
SubdivisionPecan Park
Land UseResidential
Legal DescriptionPECAN PARK 2 BLK 8 LT 6 VOL96128/2006 DD062796 CO-DALLAS 4475600800600 32644756008
Census Tract018132
Assessment Year2025

About this property

This beautifully 5 bedroom, 2.5-bath home has room and opportunity to add your touches to a beautiful home. The spacious floorpan has plenty of living spaces, and flex spaces, to customize. New upstairs carpet, and finishings, as well as core system updates makes this house a safe investment. Space for a boat to enjoy the nearby lake, located with private alley access, next to the garage. Located in a prime location, this home offers easy access to major highways including 635, Hwy 80, and I-30, making your commute to anywhere in Dallas a breeze. Additionally, the home is in the choice of Garland ISD schools, giving you the flexibility to choose the best educational opportunities for your family. This home is perfect for those looking for a move-in ready space they can make their own. Don't miss your chance to make it yours!

Investor Tools

Property Icon
$411,080
Estimated Property Value
$125,000Estimated Mortgage Balance
$300,480Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,466 /month
Positive
Cash Flow Estimate:
$822 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$279/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,292
$411,080
2025
N/A
N/A
$411,080
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,292
$411,080

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$125,000
No
First
Sep 8, 2020
Oct 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$110,828
$300,252
73%
27%
$750/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$750/mo
+$1,822/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.

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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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7122 Don Gomez Ln | Property Details | No Agent List