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$275,000

1430 Morrison Cir, Garland, TX, 75040

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,234 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$222.85 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

BankruptcyAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Disposal, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size7,215 sqft

Building Information

Year Built1971
Roof Type105
Garage Spaces1

Land Information

APN26398500070340000
Lot Number34
SubdivisionNorthlake
Land UseResidential
Legal DescriptionNORTHLAKE ESTATES 4 BLK G LOT 34 VOL2001135/3904 DD06282001 CO-DC 3985000703400 32639850007
Census Tract018121
Assessed Land Value$96,600
Assessed Improvement Value$178,620
Assessment Year2026

About this property

Welcome home to this charming single-story property tucked away on a quiet cul-de-sac in Garland! Enjoy the best of both worlds with a location perfectly situated between the lake lifestyle of Lake Ray Hubbard and the convenience of city living in Dallas. Shopping, dining, and everyday conveniences are all just minutes away. Inside, you'll find a beautifully renovated kitchen updated from top to bottom, featuring a breakfast bar perfect for casual dining, entertaining, or gathering with family and friends. The full bathroom has also been thoughtfully remodeled with stylish touches and upgrades. An additional bonus is the converted garage, providing extra living space along with a spacious laundry room for added functionality. Step outside to a backyard with mature trees, a welcoming patio, and plenty of room to relax and enjoy the outdoors. Located in Garland ISD with school choice options, this home offers comfort, convenience, and a fantastic location. Don't miss the opportunity to make this one yours!

Investor Tools

$82,546Estimated Mortgage Balance
$192,840Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,651 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$142/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$334
$275,220
2026
$96,600
$178,620
$275,220
No

Tax History

Year
Tax Paid
Assessed Value
2025
$334
$275,220

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$92,350
No
First
Apr 15, 2021
May 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$82,546
$192,674
70%
30%
$554/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,390/mo
$554/mo
+$1,836/mo
10.4%

City: Garland