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$325,000

513 Colonial Dr, Garland, TX, 75043

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths1,564 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$207.8 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave
FlooringLuxury Vinyl Plank

Exterior

Exterior FeaturesBuilt In Barbecue, Barbecue
Lot Size9,000 sqft

Building Information

Year Built1972
Roof Type105
Garage Spaces2

Land Information

APN26096500020150000
Lot Number15
SubdivisionColonial Acres
Land UseResidential
Legal DescriptionCOLONIAL ACRES BLK 2 LOT 15 INT201400304646 DD11242014 CO-DC 0965000201500 1CG09650002
Census Tract018111
Assessed Land Value$55,000
Assessed Improvement Value$189,980
Assessment Year2026

About this property

Move-in ready and extensively updated, this 4-bedroom, 2-bath home features all-new windows, all-PVC plumbing, new flooring throughout, fresh interior and exterior paint, new interior and exterior doors, a refreshed kitchen, and updated bathrooms. A bright sunroom adds flexible living space, while two covered patios—one with a built-in BBQ—extend the home outdoors on a large lot with mature trees in the front, in a quiet neighborhood within walking distance of South Garland High School and offering easy access to I-35 and I-635, complete with a 2-car garage and additional parking pad.

Investor Tools

$185,122Estimated Mortgage Balance
$59,858Estimated Equity
24% 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?

Jacob Stevenson

Compass RE Texas, LLC.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$591/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,867
$244,980
2026
$55,000
$189,980
$244,980
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,867
$244,980

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kiavi Funding Inc
Building Or Construction Loan
$186,200
No
First
Jun 9, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$185,122
$59,858
24%
76%
$1,117/mo

City: Garland

513 Colonial Dr | Property Details | No Agent List