Last 24 Hours
$249,900
4037 Salem Dr, Garland, TX, 75043
On Market
Just Added
3 Beds
2 Bath
1,246 Sq Ft
Single Family Residence
$200.56 / sqft
Built in 1971Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Garage Available
Heating Central
CoolingAppliancesElectric Range, Electric Water Heater, Disposal, Microwave
FlooringCeramic Tile, Laminate
Exterior
Lot Size7,564 sqft
Building Information
Year Built1971
Roof Type105
Garage Spaces1
Land Information
APN26341500130220000
Lot Number22
SubdivisionMeadowcreek Park 9th Sec
Land UseResidential
Legal DescriptionMEADOWCREEK PARK 9TH SEC BLK 13 LT 22 INT202600090069 DD04202026 CO-DC 3415001302200 1CG34150013
Census Tract018111
Assessed Land Value$55,000
Assessed Improvement Value$161,340
Assessment Year2026
About this property
***AWESOME 3-1-1 FULLY REMODELLED LOTS OF GOOD & NEW STUFF**MOST EVERYTHING IS NEW INCLUDING ROOF!...READY FOR ImMEDIATE MOVE IN!**WITHIN WALKING DISTANCE TO SCHOOL & INDEPENDENCE PARK, NEAR SHOPPING, DINING, CHURCHES, FREEWAY & MUCH MORE!!!...COME & SEE!!!***
Investor Tools
$0Estimated Mortgage Balance
$242,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,499 /month
Positive
Cash Flow Estimate:
$500 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$533/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,181
$216,340
2026
$55,000
$161,340
$216,340
No
Tax History
Year
Tax Paid
Assessed Value
2025
$5,181
$216,340
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$242,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
9.8%
12.4%