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Street View

$218,000

NAL Estimated Property Value

714 Malibu Dr, Garland, TX, 75043

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths938 Sq Ft
price_per_sqft$242.54 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesStorage
Lot Size6,970 sqft

Building Information

Year Built1971
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26575500060070000
Lot Number7
SubdivisionSouthlake
Land UseResidential
Legal DescriptionSOUTHLAKE ESTATES 2 BLK 6 LT 7 INT202400011555 DD01162024 CO-DC 5755000600700 1CG57550006
Census Tract018148
Assessed Land Value$55,000
Assessed Improvement Value$119,320
Assessment Year2025

About this property

Wonderful investment opportunity and priced to sell! HVAC replaced 2022, roof replaced 2020. Small but charming home in Garland close to Lake Ray Hubbard just needs some TLC to make it shine! Features a nice layout with large living room, dining area, kitchen and three bedrooms, not to mention a large fenced backyard with a huge storage shed! Close to several Garland parks, I-30, 635 and Rowlett Road. HOME SOLD AS-IS.

Investor Tools

Property Icon
$218,000
Estimated Property Value
$223,663Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,365 /month
Positive
Cash Flow Estimate:
$455 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$421/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,964
$174,320
2025
$55,000
$119,320
$174,320
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,964
$174,320

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bpl Mortgage Llc
Commercial
$232,000
No
First
May 16, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$223,663
N/A
0%
103%
$1,391/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,391/mo
+$581/mo
10.9%

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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714 Malibu Dr | Property Details | No Agent List