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$330,000

5221 Wood Creek Ln, Garland, TX, 75044

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,478 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$223.27 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Disposal, Microwave, Refrigerator
FlooringTile, Wood

Exterior

Lot Size7,020 sqft

Building Information

Year Built1987
Roof Type105
Garage Spaces1

Land Information

APN26346530020160000
Lot Number16
SubdivisionMill Creek
Land UseResidential
Legal DescriptionMILL CREEK 1 BLK 2 LOT 16 VOL2005158/1125 DD08052005 CO-DC 3465300201600 1CG34653002
Census Tract019050
Assessed Land Value$95,000
Assessed Improvement Value$233,020
Assessment Year2026

About this property

Fantastic opportunity in a desirable Garland neighborhood with convenient access to US-75 and President George Bush Turnpike! This 3-bedroom, 2-bath single-family home features a 2-car garage, approx 20X14 backyard storage shed on concrete slab, and no HOA. One of the biggest highlights is the seller’s generous $15,000 with allowance with acceptable offer toward repairs, updates, or improvements, giving buyers the flexibility to personalize the home and make it their own. Use the allowance toward cosmetic updates, repairs, or other improvements that best fit your needs. With a convenient location near major highways, shopping, dining, and everyday amenities, this property offers excellent potential for both owner-occupants and investors. Bring your ideas and take advantage of the opportunity to create a home that reflects your own style.

Investor Tools

$0Estimated Mortgage Balance
$364,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,184 /month
Positive
Cash Flow Estimate:
$728 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$321/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,028
$328,020
2026
$95,000
$233,020
$328,020
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,028
$328,020

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$364,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
N/A
+$2,150/mo
7.1%

City: Garland

5221 Wood Creek Ln | Property Details | No Agent List