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$525,900

1626 Hope Ln, Garland, TX, 75040

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,371 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$221.81 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerVacant Homes

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Refrigerator

Exterior

Lot Size5,899 sqft

Building Information

Year Built2021
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26498250050210000
Lot Number21
SubdivisionRiverplace
Land UseResidential
Legal DescriptionRIVERPLACE BLK 5 LT 21 INT202200025082 DD01272022 CO-DC 4982500502100 1CG49825005
Census Tract018151
Assessed Land Value$100,000
Assessed Improvement Value$374,390
Assessment Year2025

About this property

Welcome home to this charming one-story Garland residence, vacant and ready for its next chapter. Situated beside peaceful neighborhood ponds, this inviting home offers beautiful views and a serene setting while still providing convenient everyday living. Inside, the bright open-concept floor plan creates an effortless flow between the living, dining, and kitchen areas. The spacious kitchen features a large center island, abundant cabinetry, and built-in appliances, making it both functional and ideal for entertaining. The sun-filled living room provides a welcoming gathering space with plenty of room to relax. The home offers 4 bedrooms, a dedicated home office, and a versatile upstairs bonus room that can be used as a game room, media room, or additional living space. Outside, the large fenced backyard offers plenty of room for entertaining, gardening, play, or simply enjoying the peaceful surroundings. The covered patio provides the perfect spot for outdoor dining or relaxing year-round. With generous living spaces, a flexible floor plan, peaceful pond views, and a spacious backyard, this Garland home is ready for you to make it your own. Schedule your showing today!

Investor Tools

$357,289Estimated Mortgage Balance
$117,101Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,155 /month
Positive
Cash Flow Estimate:
$1,052 /month

Interested in this property?

Lillian Hassan

Standard Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,144/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,360
$474,390
2025
$100,000
$374,390
$474,390
No

Tax History

Year
Tax Paid
Assessed Value
2025
$11,360
$474,390

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Finance House Lariba
Conventional
$391,999
No
First
Jan 25, 2022
Feb 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$357,289
$117,101
24%
75%
$2,351/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$2,751/mo
$-179/mo
6.5%

City: Garland

1626 Hope Ln | Property Details | No Agent List