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$200,000

902 Milky Way, Garland, TX, 75040

Under ContractInfo
Beds3 Beds
Baths2 Bath
Baths1,259 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$158.86 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Pre-ForeclosureAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Refrigerator
FlooringCarpet, Laminate

About this property

Welcome to 902 Milky Way! This Garland property presents a fantastic opportunity for buyers, investors, or handy homeowners looking to bring their vision to life and build instant equity. While the home needs some TLC and cosmetic updates, it offers a solid foundation, extra living space, and key major mechanical updates already in place. The garage has been fully converted into two versatile bonus rooms—ideal for a home office, game room, additional bedrooms, or extra storage. You will stay comfortable year-round with the working HVAC system installed in 2015. Step outside into a spacious backyard featuring a beautiful, low-maintenance patio added just a few years ago that is perfect for relaxing, outdoor dining, or entertaining guests. Conveniently located near top local Garland ISD schools, shopping, and dining, this home is packed with possibilities. Bring your design ideas and make this house your own!

Investor Tools

$0Estimated Mortgage Balance
$61,928Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,260 /month
Positive
Cash Flow Estimate:
$420 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$337/month
No HOA
5.947%

City: Garland