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$268,000

226 Springbranch Dr, Garland, TX, 75043

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,271 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$210.86 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Disposal
FlooringTile

Exterior

Lot Size7,800 sqft

Building Information

Year Built1971
Roof Type105
Garage Spaces1

Land Information

APN26341500170070000
Lot Number7
SubdivisionMeadowcreek Park 9th Sec
Land UseResidential
Legal DescriptionMEADOWCREEK PARK 9TH SEC BLK 17 LOT 7 INT201700091594 DD03282017 CO-DC 3415001700700 1CG34150017
Census Tract018111
Assessed Land Value$55,000
Assessed Improvement Value$206,650
Assessment Year2026

About this property

Great opportunity in Garland! This 3-bedroom, 2-bathroom home features updated flooring, neutral colors throughout, and a spacious backyard perfect for entertaining or relaxing. Conveniently located near I-30 and I-635, with easy access to shopping centers, restaurants, and schools. Sellers are highly motivated to sell! Schedule your showing today!

Investor Tools

$99,570Estimated Mortgage Balance
$162,080Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,608 /month
Positive
Cash Flow Estimate:
$536 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$412/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,630
$261,650
2026
$55,000
$206,650
$261,650
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,630
$261,650

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Legacy Texas Bank
Conventional
$124,700
No
First
Mar 28, 2017
Apr 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$99,570
$162,080
61%
38%
$748/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$748/mo
+$1,224/mo
9.0%

City: Garland

226 Springbranch Dr | Property Details | No Agent List