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$258,940

NAL Estimated Property Value

926 Longbeach Dr, Garland, TX, 75043

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,038 Sq Ft
price_per_sqft$255.3 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator
FlooringTile, Wood

Exterior

Exterior FeaturesRain Gutters, Kennel, Storage, Other, Garden
Lot Size8,377 sqft

Building Information

Year Built1971
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26576500110070000
Lot Number7
SubdivisionSouthlake
Land UseResidential
Legal DescriptionSOUTHLAKE ESTATES 3 BLK 11 LOT 7 INT202300156689 DD08032023 CO-CD 5765001100700 1CG57650011
Census Tract018148
Assessed Land Value$55,000
Assessed Improvement Value$203,940
Assessment Year2025

About this property

Welcome to 926 Longbeach Dr in Garland! This charming and affordable home features 3 bedrooms, 2 updated bathrooms, wood and tile floors. The flowing layout connects the living room, dining area, and kitchen, perfect for family time or entertaining. The kitchen shines with granite countertops and sleek black appliances including fridge. Moving to the outside, you will find a guest house offering a private retreat with kitchen, living area, bathroom and bedroom. The sizable yard also has covered patio, chicken coop, multiple garden boxes, shed and kennel. Garage features a Tornado shelter from Tornado Master for peace mind for you and your family. With its desirable location in Garland, you'll enjoy easy access to a range of amenities, including parks, shopping centers, restaurants, and entertainment options. Walking distance to Elementary and Middle Schools, and less than a mile to Lakeview High School. Commuting is a breeze with convenient transportation routes nearby.

Investor Tools

Property Icon
$258,940
Estimated Property Value
$185,217Estimated Mortgage Balance
$73,723Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,590 /month
Positive
Cash Flow Estimate:
$530 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$599/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,888
$258,940
2025
$55,000
$203,940
$258,940
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,888
$258,940

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Marrufo Ivest Group Llc
Purchase Money Mortgage
$195,000
No
First
Aug 3, 2023
Sep 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$185,217
$73,723
28%
72%
$1,170/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,170/mo
+$802/mo
9.1%

City: Garland

926 Longbeach Dr | Property Details | No Agent List