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$290,000

817 Rex Ln, Garland, TX, 75040

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,350 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$214.81 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCeramic Tile, Vinyl

Exterior

Lot Size7,740 sqft

Building Information

Year Built1966
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26521500100020000
Lot Number2
SubdivisionShorehaven
Land UseResidential
Legal DescriptionSHOREHAVEN 1 BLK 10 LT 2 INT20240014867 DOD09272023 CO-DC 5215001000200 1CG52150010
Census Tract018105
Assessed Land Value$55,000
Assessed Improvement Value$243,450
Assessment Year2025

About this property

Welcome to 817 Rex Ln! This charming home offers approximately 1350 sq ft of thoughtfully designed living space, featuring 4 spacious bedrooms and 2.5 modern baths. Step inside to be greeted by updated ceramic tile and LVP flooring that flow seamlessly throughout, providing both durability and style. The heart of the home is the renovated kitchen, complete with a sleek island, perfect for meal prep and casual dining. Ample natural light floods the living areas, creating a warm and inviting atmosphere. The master suite boasts a private en-suite bath, while the additional bedrooms provide plenty of space for family, guests, or a home office. Outside, the backyard offers a great space for outdoor activities and relaxation. Conveniently located with access to local amenities, schools, and parks, this property combines comfort, modern updates, and an ideal location. Don't miss the chance to make this beautifully updated home yours!

Investor Tools

Property Icon
$298,450
Estimated Property Value
$289,656Estimated Mortgage Balance
$0Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,791 /month
Positive
Cash Flow Estimate:
$597 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$220/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,145
$298,450
2025
$55,000
$243,450
$298,450
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,145
$298,450

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Garland Housing Finance Corp
Stand Alone Second / Subordinate Position
$289,656
No
First
Aug 29, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$561,188
N/A
0%
188%
$3,474/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$3,474/mo
$-902/mo
10.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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817 Rex Ln | Property Details | No Agent List