$202,400
NAL Estimated Property Value825 Magnolia Dr, Garland, TX, 75040
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDishwasher, Electric Cooktop, Electric Oven, Refrigerator
FlooringLaminate, Wood
Exterior
Exterior FeaturesRain Gutters, Storage
Lot Size8,400 sqft
Building Information
Year Built1951
Stories1
Roof Type105
Garage Spaces1
Land Information
APN26204500030130000
Lot Number13
SubdivisionGarland Heights
Land UseResidential
Legal DescriptionGARLAND HEIGHTS BLK 3 LT 13 INT202400151132 DD07262024 CO-DC 2045000301300 1CG20450003
Census Tract018801
Assessed Land Value$60,000
Assessed Improvement Value$142,400
Assessment Year2025
About this property
This is a super cute home with hardwood floors throughout. Near Garland campus of Richland College and DART Station. Enjoy the big back yard which is fenced in and has shade trees. Interior is being repainted.
Investor Tools
$202,400
Estimated Property Value
$207,942Estimated Mortgage Balance
$202,400Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$403/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,828
$202,400
2025
$60,000
$142,400
$202,400
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,828
$202,400
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$215,000
No
First
Jul 25, 2024
Aug 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$207,942
N/A
0%
103%
$1,290/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,290/mo
+$275/mo
9.3%
