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$243,640

NAL Estimated Property Value

928 Old Orchard Rd, Garland, TX, 75041

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,161 Sq Ft
price_per_sqft$192.94 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesRain Gutters
Lot Size12,157 sqft

Building Information

Year Built1954
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26426500030100000
Lot Number10
SubdivisionOrchard Hills
Land UseResidential
Legal DescriptionORCHARD HILLS ESTATES BLK 3 LOT 10 INT202000181796 DD12142001 CO-DC 4265000301000 1CG42650003
Census Tract018300
Assessed Land Value$70,000
Assessed Improvement Value$173,640
Assessment Year2025

About this property

First time on the market, this one-owner 1954 traditional home in Garland’s desirable Old Orchard Estates offers a rare opportunity to create something truly special. Set on an oversized lot with mature trees, the property features 2 bedrooms, 1 bathroom, and a converted garage currently used as a family room that can easily be restored to a one-car garage. Lovingly maintained by the same family since it was built, the home provides solid bones and a flexible layout—ideal for investors, renovators, or first-time buyers ready to make it their own. Imagine reimagining the floorplan with a modern kitchen, expanding into the spacious backyard, or simply enhancing its mid-century charm with thoughtful updates. Life in Old Orchard Estates means enjoying tree-lined streets, a well-established community, and unbeatable convenience with quick access to schools, shopping, dining, Downtown Garland, Firewheel Town Center, and major highways. Whether you’re seeking a smart investment property or a home with endless potential, this Garland gem is ready for its next chapter.

Investor Tools

Property Icon
$243,640
Estimated Property Value
$205,008Estimated Mortgage Balance
$38,632Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,462 /month
Positive
Cash Flow Estimate:
$487 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$288/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,234
$243,640
2025
$70,000
$173,640
$243,640
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,234
$243,640

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Creative Property Funding Llc
Commercial
$205,900
No
First
Feb 27, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$205,008
$38,632
15%
84%
$1,235/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,235/mo
+$737/mo
9.7%

Learn About the Market: Opportunity in Texas

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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.

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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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928 Old Orchard Rd | Property Details | No Agent List