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$295,000

NAL Estimated Property Value

814 Melissa Lane, Garland, TX, 75040

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,509 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.73 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave
FlooringCarpet

Exterior

Lot Size8,000 sqft

Building Information

Year Built1981
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26080740140120000
Lot Number12
SubdivisionCarriagehouse
Land UseResidential
Legal DescriptionCARRIAGEHOUSE ESTATES 4 BLK 14 LOT 12 INT202000000898 DD12302019 CO-DC 0807401401200 1CG08074014
Census Tract018152
Assessed Land Value$70,000
Assessed Improvement Value$221,990
Assessment Year2025

About this property

Beautiful split 3 bd, 2 bth (fully remodeled), 2 car grg. From your warm invitation to enter, be greeted w LTV wood plank flooring, custom paints, finishes, & fixtures throughout. Vaulted ceilings in family room w wood burning fireplace & wall of windows overlooking private outside oasis will warm your heart. Kitchen boasts custom cabinets, 3cm granite w undermount sink & serving bar, stainless appliances w smooth top oven & custom backsplash. Master suite sports dual closets, custom vanity w granite & undermount sink, frameless shower, custom tile & fixtures. Last but not least, you will have your own backyard oasis w screened porch that's great for those sit back & enjoy times or turn it up for entertaining!

Investor Tools

Property Icon
$295,000
Estimated Property Value
$172,218Estimated Mortgage Balance
$122,782Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,770 /month
Positive
Cash Flow Estimate:
$590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$676/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,639
$291,990
2025
$70,000
$221,990
$291,990
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,639
$291,990

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$197,100
No
First
Dec 30, 2019
Jan 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$172,218
$122,782
41%
58%
$1,182/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,182/mo
+$790/mo
8.0%

City: Garland

814 Melissa Lane | Property Details | No Agent List