$1,754,000
NAL Estimated Property Value8366 Garland Road, Dallas, TX, 75218
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Double Oven, Gas Cooktop, Microwave, Vented Exhaust Fan
FlooringCarpet, Marble, Wood
Exterior
Exterior FeaturesRain Gutters, Lighting, Storage
Lot Size37,500 sqft
Building Information
Year Built1947
Stories2
Roof Type105
Garage Spaces2
Land Information
APN00000370693000000
Lot Number15
SubdivisionForest Hills
Land UseResidential
Legal DescriptionFOREST HILLS BLK 3/5255 LT 15 INT202100053813 DD02232021 CO-DC 5255 003 01500 3005255 003
Census Tract008102
Assessed Land Value$1,012,500
Assessed Improvement Value$654,110
Assessment Year2025
About this property
Beautiful grounds and setting in this estate home overlooking White Rock Lake and seasonal views of Downtown Dallas Skyline. Almost 1 acre with inviting circular drive, electric gate at entry and huge private back yard. H-W Floors, exposed beams, open spaces & 2master bedrooms – 1 up & 1 down. 2 more beds up & a total of 3 living areas plus a small library. Home just needs a cosmetic face lift to bring this estate back to its best!
Investor Tools
$1,754,000
Estimated Property Value
$905,826Estimated Mortgage Balance
$848,174Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,524 /month
Positive
Cash Flow Estimate:
$3,508 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,690/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$23,505
$1,666,610
2025
$1,012,500
$654,110
$1,666,610
No
Tax History
Year
Tax Paid
Assessed Value
2024
$23,505
$1,666,610
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hsbc Bank Usa
Conventional
$1,040,000
No
First
Feb 23, 2021
Mar 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$905,826
$848,174
48%
52%
$4,008/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,710/mo
$4,008/mo
$-1,298/mo
1.9%
