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$249,000

NAL Estimated Property Value

738 Longbeach Dr, Garland, TX, 75043

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,328 Sq Ft
price_per_sqft$199.47 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater
FlooringCeramic Tile, Simulated Wood, Tile

Exterior

Lot Size7,792 sqft

Building Information

Year Built1971
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26576500100130000
Lot Number13
SubdivisionSouthlake
Land UseResidential
Legal DescriptionSOUTHLAKE ESTATES 3 BLK 10 LOT 13 INT202500109194 DD05232025 CO-DC 5765001001300 1CG57650010
Census Tract018148
Assessed Land Value$55,000
Assessed Improvement Value$159,800
Assessment Year2025

About this property

Step into style and comfort with this beautifully updated 4-bedroom, 2-bath home located in the heart of Garland, Texas. This delightful property, offering a seamless blend of contemporary upgrades and classic charm, provides an ideal setting whether you're looking to invest, expand, or purchase your first home. Inside, discover upgraded wood-look tile floors that stretch throughout the living areas & bedrooms, offering durability and a polished appearance. New windows flood the home with natural light while enhancing energy efficiency. Freshly painted in neutral tones, the walls provide a clean slate that's ready for your personal touch. One of the two bathrooms has been tastefully renovated, featuring modern fixtures and finishes for a luxurious feel. Cooking enthusiasts will love the galley kitchen, equipped with sleek stainless steel appliances. On the outside, the home boasts a striking exterior with white painted brick and bold black-framed windows, offering a hint of modern flair. New windows, new roof, new water heater! Situated on a large lot, the property offers ample outdoor space for gardening, recreation, or potential expansions and improvements. This home presents a superb rental opportunity or makes for a fantastic place to begin a new chapter in one of North Texas's vibrant communities. Don't miss your chance to view this remarkable property that offers so much potential.

Investor Tools

Property Icon
$249,000
Estimated Property Value
$208,267Estimated Mortgage Balance
$40,733Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,589 /month
Positive
Cash Flow Estimate:
$530 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$304/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,397
$214,800
2025
$55,000
$159,800
$214,800
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,397
$214,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Of America
Conventional
$212,000
No
First
May 23, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$208,267
$40,733
16%
84%
$1,272/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,272/mo
+$700/mo
9.5%

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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738 Longbeach Dr | Property Details | No Agent List