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$220,000

616 Chandler Dr, Garland, TX, 75040

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths769 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$286.09 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Water Heater, Microwave

Exterior

Lot Size8,820 sqft

Building Information

Year Built1949
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26087500080090000
Lot Number9
SubdivisionChandler Heights
Land UseResidential
Legal DescriptionCHANDLER HEIGHTS BLK H LT 9 VOL2004152/3346 DD08042004 CO-DC 0875000800900 1CG08750008
Census Tract018700
Assessed Land Value$65,000
Assessed Improvement Value$130,940
Assessment Year2025

About this property

Charming, updated, and move-in ready! Welcome to 616 Chandler Drive in Garland, a well-maintained 2-bedroom, 1-bath home offering 769 sq. ft. of living space on a generously sized lot. Pride of ownership shows throughout! Recent improvements include fresh interior paint, a remodeled kitchen, and a brand-new water heater. The spacious backyard offers plenty of room for entertaining, gardening, pets, or creating your own outdoor retreat. Conveniently located near shopping, dining, parks, schools, and major roadways for an easy commute throughout DFW. Whether you’re a first-time homebuyer, looking to downsize, or searching for an investment opportunity, this home offers a great combination of updates, location, and potential. Come see it and make it your own!

Investor Tools

$5,676Estimated Mortgage Balance
$218,324Estimated Equity
97% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,344 /month
Positive
Cash Flow Estimate:
$448 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$484/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,692
$195,940
2025
$65,000
$130,940
$195,940
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,692
$195,940

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Summit Mtg Corp
Fha
$49,642
Yes
First
Oct 14, 1998
Nov 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$5,676
$218,324
97%
3%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
N/A
+$1,565/mo
8.4%

City: Garland

616 Chandler Dr | Property Details | No Agent List