$435,000
1316 Garden Terrace Dr, Irving, TX, 75060
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Electric Range, Disposal, Refrigerator
FlooringCeramic Tile, Laminate
Exterior
Exterior FeaturesDock, Rain Gutters, Storage
Lot Size9,310 sqft
Building Information
Year Built1984
Stories1
Roof Type105
Garage Spaces2
Land Information
APN32134900540330000
Lot Number33
SubdivisionGarden Isles 1st
Land UseResidential
Legal DescriptionGARDEN ISLES 1ST INST BLK D LT 33 INT20080153691 DD02282008 CO-DC 1349005403300 2CI13490054
Census Tract015207
Assessed Land Value$87,750
Assessed Improvement Value$339,250
Assessment Year2025
About this property
Wow!!! What a view.... If you like to be on the lake you have found the perfect place to live. Imagine getting up in the morning and going out to the beautiful deck to enjoy a cup of coffee and see the sun rise.
Investor Tools
$190,097Estimated Mortgage Balance
$236,903Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,610 /month
Positive
Cash Flow Estimate:
$870 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$939/month
$50/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,134
$427,000
2025
$87,750
$339,250
$427,000
No
Tax History
Year
Tax Paid
Assessed Value
2025
$9,134
$427,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$207,000
No
First
May 26, 2022
Jun 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$190,097
$236,903
55%
45%
$1,242/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,292/mo
+$680/mo
5.5%
