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$325,000

2718 Forest Park Dr, Garland, TX, 75040

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,716 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$189.39 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator, Washer

Exterior

Lot Size7,440 sqft

Building Information

Year Built1974
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26086500080090000
Lot Number9
SubdivisionCentury Park
Land UseResidential
Legal DescriptionCENTURY PARK BLK 8 LOT 9 INT200600160604 DD05012006 CO-DC 0865000800900 1CG08650008
Census Tract019026
Assessed Land Value$75,000
Assessed Improvement Value$234,750
Assessment Year2025

About this property

Pride of ownership shows throughout this well-maintained Garland home, priced to sell! The major updates are already done, so the next owner can move in with confidence. HVAC was replaced in 2020, foundation repair was completed in 2021 with a transferable warranty, the water heater was replaced in December 2023, and the roof was replaced in 2024. Most of the plumbing has been updated to PVC. A bright sunroom works well for morning coffee, a reading nook, or extra living space. It opens to a charming backyard for relaxing or entertaining. With the right offer, the seller will convey furniture and appliances, making for an easy move-in or a turnkey investment. Homes with this level of care don't last long, so schedule your showing today!

Investor Tools

$181,569Estimated Mortgage Balance
$128,181Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

Interested in this property?

AN TRAN

eXp Realty, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$285/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,870
$309,750
2025
$75,000
$234,750
$309,750
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,870
$309,750

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Newrez Llc
Credit Line (Revolving) / Heloc
$190,200
No
First
Mar 18, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$181,569
$128,181
41%
59%
$1,141/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,141/mo
+$831/mo
7.6%

City: Garland

2718 Forest Park Dr | Property Details | No Agent List