$431,920
NAL Estimated Property Value806 Alamo Ln, Garland, TX, 75040
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Vinyl
Exterior
Lot Size9,060 sqft
Building Information
Year Built2023
Stories1
Roof Type105
Garage Spaces2
Land Information
APN262365300E13B0000
Lot Number13B
SubdivisionGhfc
Land UseResidential
Legal DescriptionGHFC 1 BLK E LT 13B ACS 0.208 INT202400105696 DD05232024 CO-DC 2365300E13B00 1CG2365300E
Census Tract018801
Assessed Land Value$65,000
Assessed Improvement Value$366,920
Assessment Year2025
About this property
CITY OF GARLAND SPECIAL FINANCING! FIRST TIME HOMEBYERS ONLY - NO INVESTORS. 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 see remarks in Documents prior to submitting an offer.
Investor Tools
$431,920
Estimated Property Value
$370,682Estimated Mortgage Balance
$61,238Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,592 /month
Positive
Cash Flow Estimate:
$864 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$705/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$431,920
2025
$65,000
$366,920
$431,920
No
Tax History
Year
Tax Paid
Assessed Value
2024
N/A
$431,920
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The City Of Garland Texas
Unknown
$384,500
No
First
May 23, 2024
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$370,682
$61,238
14%
86%
$2,306/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,306/mo
$-334/mo
5.5%
