$449,900
5505 Longcrest Dr, Garland, TX, 75043
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Vinyl
Exterior
Lot Size6,320 sqft
Building Information
Year Built2017
Stories2
Roof Type105
Garage Spaces2
Land Information
APN26303760020170000
Lot Number17
SubdivisionLake Terrace Rep
Land UseResidential
Legal DescriptionLAKE TERRACE REP BLK 2 LT 17 INT201800015105 DD01172018 CO-DC 3037600201700 1CG30376002
Census Tract018141
Assessed Land Value$90,000
Assessed Improvement Value$388,010
Assessment Year2025
About this property
Welcome to lakeside living at its finest! Situated in an exclusive gated community with breathtaking views of Lake Ray Hubbard, this light-filled home features a spacious open-concept layout designed for seamless living and effortless entertaining. Bright, airy interiors flow naturally throughout, creating the perfect setting for relaxed weekends and comfortable everyday living. Step outside to enjoy easy lake access, scenic views, and an active outdoor lifestyle just minutes from your front door—the ultimate modern retreat.
Investor Tools
$183,961Estimated Mortgage Balance
$294,049Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,868 /month
Positive
Cash Flow Estimate:
$956 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$825/month
$935/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,510
$478,010
2025
$90,000
$388,010
$478,010
No
Tax History
Year
Tax Paid
Assessed Value
2025
$7,510
$478,010
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primewest Mortgage Corp
Conventional
$224,000
No
First
Jan 17, 2018
Feb 2048
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$183,961
$294,049
61%
38%
$1,343/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$2,278/mo
+$294/mo
6.5%
