1view

$459,989

7506 Spicewood Dr, Garland, TX, 75044

Off Market

3 Beds

3 Bath

2,348 Sq Ft

Single Family Residence

$195.91 / sqft

Built in 2002

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Vented Exhaust Fan

FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Other

Lot Size8,340 sqft

Building Information

Year Built2002

Stories1

Roof Type105

Garage Spaces2

Land Information

APN26264200030080000

Lot Number8

SubdivisionHills At Firewheel

Land UseResidential

Legal DescriptionHILLS AT FIREWHEEL 3 BLK 3 LT 8 INT202200158998 DD06062022 CO-DC 2642000300800 1CG26420003

Census Tract019042

Assessed Land Value$150,000

Assessed Improvement Value$348,810

Assessment Year2025

About this property

Rare to Find One Story Custom Brick in Hills of Firewheel Subdivision with HOA pool, Clubhouse & just 8 homes from the walking trail at area Lake, Waterfall & Fountain! Gorgeous mature treed, sprinker & landscaped lot! Amenities include 10ft ceilings, Wood floors, numerous floor to ceiling windows; Uppers Low E, 2016 Roof, Double crown moldings, Glass French Door Study & Formal Dining! Open Large Living-Kitchen-Breakfast plan with raised Breakfast bar, full rear windows overlooking rear yard & patio. Tall mantle with triple moldings, slate front & gas start fireplace and built-in cabinet in Living area. Kitchen has Custom 42in Oak upper cabinets, Gas cooktop, Bosch SS Dishwasher, built in oven, microwave & walk-in Pantry. Master suite has 10X7ft closet, Jetted tub, glass enclosed separate shower, obscure glass window & dual vanity bath! Separate bedrooms, full and half bath! Garage Electrical panel includes wiring for electrical car. Large rear yard has room for playset and gardening!

Investor Tools

$498,810

Estimated Property Value

$460,100Estimated Mortgage Balance

$72,379Estimated Equity

8% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,993 /month

Positive

Cash Flow Estimate:

$998 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$968/month

$549/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$9,127

$498,810

2025

$150,000

$348,810

$498,810

Tax History

Year

Tax Paid

Assessed Value

2024

$9,127

$498,810

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Uif Corp

Unknown

$460,100

First

Jun 6, 2022

Jul 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$426,431

$72,379

14%

85%

$2,759/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,150/mo

$3,308/mo

$-1,158/mo

5.2%

Learn About the Market: Opportunity in Texas

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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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