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$230,000

5502 Knollridge Dr, Garland, TX, 75043

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths1,132 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$203.18 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesPrivate Yard
Lot Size4,700 sqft

Building Information

Year Built1983
Roof Type105
Garage Spaces2

Land Information

APN26258540040010000
Lot Number1
SubdivisionHalcyon Villas Rep
Land UseResidential
Legal DescriptionHALCYON VILLAS REP BLK 4 LT 1 VOL98092/4711 DD042498 CO-DALLAS 2585400400100 32625854004
Census Tract018141
Assessed Land Value$42,000
Assessed Improvement Value$182,240
Assessment Year2026

About this property

Charming 2-bedroom, 1.5 baths home in Garland, conveniently located near beautiful Lake Ray Hubbard, within walking distance of a marina and just minutes from US-75, I-635, I-30 and George Bush Tollway. Enjoy nearby shopping, dining and entertainment at Bass Pro Shops, The Harbor Rockwall and Windsurf Bay Park. Inside, the spacious family room features laminate wood flooring, soaring vaulted ceilings, exposed beam accents, a cozy fireplace and wet bar. Living room opens to a patio overlooking a private, board-on-board fenced backyard, perfect for relaxing or entertaining. An attached two-car garage and additional driveway parking complete this inviting home. Conveniently located approximately 15 miles from downtown Dallas! Washer, dryer, refrigerator, storage shed to remain.

Investor Tools

$0Estimated Mortgage Balance
$224,240Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$125/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$375
$224,240
2026
$42,000
$182,240
$224,240
No

Tax History

Year
Tax Paid
Assessed Value
2025
$375
$224,240

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$224,240
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,740/mo
N/A
+$1,740/mo
9.3%

City: Garland

5502 Knollridge Dr | Property Details | No Agent List