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$451,230

NAL Estimated Property Value

802 Alamo Ln, Garland, TX, 75040

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,213 Sq Ft
price_per_sqft$173.97 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater, Disposal, Microwave
FlooringCarpet, Luxury Vinyl Plank

Exterior

Lot Size12,066 sqft

Building Information

Year Built2023
Stories1
Roof Type105
Garage Spaces2

Land Information

APN262365300E13C0000
Lot Number13C
SubdivisionGhfc
Land UseSingle Family Residences
Legal DescriptionGHFC 1 BLK E LT 13C ACS 0.277 INT202400178508 DD08302024 CO-DC 2365300E13C00 1CG2365300E
Census Tract018801
Assessed Land Value$65,000
Assessed Improvement Value$386,230
Assessment Year2025

About this property

CITY OF GARLAND SPECIAL FINANCING! FIRST TIME HOMEBUYERS ONLY - NO INVESTORS. Back on the market as all previous buyers did not qualify for COG financing. Introducing a stunning new build that boasts 4 bedrooms and 3 bathrooms, offering ample space and comfort. With modern design elements and finishes throughout, including spacious living and dining areas, a sleek kitchen, and contemporary bathrooms. Situated in a convenient location near downtown, shopping, restaurants and schools. Please review the information in Documents prior to submitting an offer.

Investor Tools

Property Icon
$451,230
Estimated Property Value
$145,065Estimated Mortgage Balance
$306,165Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,707 /month
Positive
Cash Flow Estimate:
$902 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$737/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$451,230
2025
$65,000
$386,230
$451,230
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$451,230

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Of Garland
Purchase Money Mortgage
$149,750
No
First
Aug 30, 2024
Oct 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$145,065
$306,165
67%
32%
$898/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$898/mo
+$1,074/mo
5.2%

City: Garland

802 Alamo Ln | Property Details | No Agent List