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$706,000

NAL Estimated Property Value

7425 Wheatfield Rd, Garland, TX, 75044

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,506 Sq Ft
price_per_sqft$199.37 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, See Remarks

Exterior

Lot Size12,350 sqft

Building Information

Year Built1978
Stories2
Roof Type104
Garage Spaces2

Land Information

APN26579700030020000
Lot Number2
SubdivisionSpringpark Central
Land UseResidential
Legal DescriptionSPRINGPARK CENTRAL 3 BLK 3 LOT 2 INT202200141390 DD05162022 CO-DC 5797000300200 3CG57970003
Census Tract019031
Assessed Land Value$130,000
Assessed Improvement Value$575,510
Assessment Year2025

About this property

Located in coveted Springpark, half block from tennis courts, clubhouse and walking trails within Richardson schools. Berkner High School is STEM Academy. Soft contemporary, light & bright 5 bedroom home with option to utilize downstairs study as 6th bedroom. Light oak porcelain-wood look flooring throughout downstairs (2020). Master bedroom and main living area overlook beautiful patio and yard for outdoor living, grilling and entertaining. Gourmet kitchen includes granite, Viking fridge-dishwasher 2018, oven & microwave 2020. Fun, designer lighting, extended den with charming conversation-wine drinking area. Two unique dining areas on each end of kitchen. Casual dining surrounded by windows, formal dining room with modern feel completed by Sputnik chandelier. All windows replaced double-pane low E (2018), Smart Security System, Recent AC (2018-2019). Hot Water Heater (2018).

Investor Tools

Property Icon
$706,000
Estimated Property Value
$598,748Estimated Mortgage Balance
$107,252Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,236 /month
Positive
Cash Flow Estimate:
$1,412 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,454/month
$940/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,914
$705,510
2025
$130,000
$575,510
$705,510
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,914
$705,510

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Celebrity Home Loans Llc
Conventional
$647,200
No
First
May 16, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$598,748
$107,252
15%
85%
$3,881/mo

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.

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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7425 Wheatfield Rd | Property Details | No Agent List