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$301,000

NAL Estimated Property Value

924 Old Orchard Rd, Garland, TX, 75041

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,422 Sq Ft
price_per_sqft$210.9 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Gas Range, Microwave, Refrigerator, Washer
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesLighting, Storage
Lot Size12,127 sqft

Building Information

Year Built1954
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26426500030110000
Lot Number11
SubdivisionOrchard Hills
Land UseResidential
Legal DescriptionORCHARD HILLS ESTATES BLK 3 LT 11 INT201500127376 DD05182015 CO-DC 4265000301100 1CG42650003
Census Tract018300
Assessed Land Value$70,000
Assessed Improvement Value$210,450
Assessment Year2025

About this property

Wonderful updated one story 3 bedroom 2 bath home immaculate and absolutely move in ready. Attached 1 car garage. Beautiful hardwood floors and tile throughout. Interior painted in a neutral pallet. Lots of windows! Light and bright. Kitchen is open to the eating area. Large Pantry, Granite counter tops, Stainless steel appliances, and a gas stove. Refrigerator is included. Owners bath offers a large shower, cedar closet and separate walk in closet. Laundry room, Washer & Dryer are included. Enjoy outdoor living in the very large fenced in back yard. Patio has a retractable awning, and deck is perfect for dining. The storage shed is included. Detached building out back with electricity has been used as a workshop, and craft room but could be a she shed or man cave. Located on a beautiful street in Orchard Hills. Don't miss out! Come and see it today!

Investor Tools

Property Icon
$301,000
Estimated Property Value
$291,083Estimated Mortgage Balance
$9,917Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,806 /month
Positive
Cash Flow Estimate:
$602 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$383/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,091
$280,450
2025
$70,000
$210,450
$280,450
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,091
$280,450

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Neighborhood Loans
Conventional
$295,850
No
First
Jun 24, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$291,083
$9,917
3%
97%
$1,774/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,774/mo
+$198/mo
7.9%

Learn About the Market: Opportunity in Texas

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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.

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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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924 Old Orchard Rd | Property Details | No Agent List