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$425,000

1950 Garrison Way, Garland, TX, 75040

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,861 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.55 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range, Disposal, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size5,500 sqft

Building Information

Year Built2003
Roof Type105
Garage Spaces2

Land Information

APN26587300010070000
Lot Number7
SubdivisionSummerfield Revised
Land UseResidential
Legal DescriptionSUMMERFIELD REVISED BLK 1 LT 7 INT201500092608 DD04082015 CO-DC 5873000100700 1CG58730001
Census Tract018203
Assessed Land Value$75,000
Assessed Improvement Value$358,840
Assessment Year2026

About this property

Very nice home is ready for new owner to move in, this beautiful home features an open floor plan with a combo living, dining, large family room with cozy fireplace on the corner that open with a nice, big kitchen. There is no carpet, just tiles and high quality wood laminate throughout the home. Very big game room upstairs surrounding by 3 others large bedroom. This property is very well care, great decor, convenience for accessing to major highways. This is a must see home.

Investor Tools

$137,642Estimated Mortgage Balance
$296,198Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,603 /month
Positive
Cash Flow Estimate:
$868 /month

Interested in this property?

Du Phan

First Texas Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,047/month
$420/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,389
$433,840
2026
$75,000
$358,840
$433,840
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,389
$433,840

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sierra Pacific Mortgage Co Inc
Conventional
$154,300
No
First
Mar 8, 2021
Apr 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$137,642
$296,198
68%
32%
$926/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,346/mo
+$1,226/mo
7.1%

City: Garland

1950 Garrison Way | Property Details | No Agent List