Last 24 Hours
$278,000
1301 Mill Wood Ln, Garland, TX, 75040
$297,664 ARV
On Market
Just Added
3 Beds
2 Bath
1,560 Sq Ft
Single Family Residence
$178.21 / sqft
Built in 1994Property Lead Type:
Absentee OwnerHigh EquityCash BuyersMove-In Ready
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Indoor Fireplace
Garage Available
Heating Central
CoolingAppliancesDishwasher, Disposal, Microwave
FlooringLuxury Vinyl Plank
Exterior
Lot Size7,630 sqft
Building Information
Year Built1994
Roof Type105
Garage Spaces2
Land Information
APN26346680060010000
Lot Number1
SubdivisionMill Creek Crossing
Land UseResidential
Legal DescriptionMILL CREEK CROSSING 4 BLK 6 LT 1 VOL2004192/3680 DD09302004 CO-DC 3466800600100 1CG34668006
Census Tract018203
Assessed Land Value$65,000
Assessed Improvement Value$240,810
Assessment Year2026
About this property
Beautifully Remodeled 3-2-2 with Flex Space off Entry. Spacious Open floor plan leads to Kitchen with plenty of cabinet space. New Built in Microwave and SS Dishwasher. Breakfast area off Kitchen. Large Family room has tile Fireplace with Gas Starter. Primary En-suite hidden in back of house for maximum privacy. Remodeled bath includes dues sinks and Oversized Showed. Walk-in Closet
Investor Tools
$0Estimated Mortgage Balance
$308,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$297,663
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,848 /month
Positive
Cash Flow Estimate:
$616 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$354/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,707
$305,810
2026
$65,000
$240,810
$305,810
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,707
$305,810
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$308,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
7.7%
12.4%