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B+
NoAgentList RatingHow are grades calculated? Info

$194,710

808 Lilac Drive, Garland, TX, 75040

SoldInfo
6/18/26
Beds3 Beds
Baths1 Bath
Baths828 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$216.18 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesNone

Exterior

Lot Size8,400 sqft

Building Information

Year Built1957
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26206500110330000
Lot Number33
SubdivisionGarland Heights
Land UseResidential
Legal DescriptionGARLAND HEIGHTS 3 BLK 11 LOT 33 INT201500192134 DD07202015 CO-DC 2065001103300 1CG20650011
Census Tract018801
Assessed Land Value$60,000
Assessed Improvement Value$134,710
Assessment Year2025

About this property

Investor special with huge upside! This 3-bedroom, 1-bath single-family home is full of potential and ready for your vision. Original hardwood floors are hidden beneath the carpet, just waiting to be restored. The garage has been converted into a spacious third bedroom, adding valuable square footage and flexibility. Situated on a large lot with a fully fenced backyard, there’s plenty of room for outdoor living, expansion, or added improvements. Whether you’re looking for your next flip, rental property, or a project to customize, this home offers a solid foundation and endless possibilities. Don’t miss this opportunity to unlock its true value!

Investor Tools

Property Icon
$194,710
Estimated Property Value
$0Estimated Mortgage Balance
$139,176Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,168 /month
Positive
Cash Flow Estimate:
$389 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$168/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,040
$194,710
2025
$60,000
$134,710
$194,710
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,040
$194,710

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Suntrust Mortgage Inc
Conventional
$69,550
No
First
Nov 25, 2016
Dec 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$55,534
$139,176
71%
29%
$417/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$417/mo
+$1,148/mo
9.6%

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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808 Lilac Drive | Property Details | No Agent List