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Days12Days on Market
Views45view
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$275,000

$260,000

2926 Bonanza Ln, Garland, TX, 75042

On MarketInfo
Just AddedInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,462 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$188.1 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Ice Maker
FlooringCeramic Tile

Exterior

Exterior FeaturesStorage
Lot Size9,152 sqft

Building Information

Year Built1974
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26061500100270000
Lot Number27
SubdivisionBuckingham South
Land UseResidential
Legal DescriptionBUCKINGHAM SOUTH 3 BLK 10 LOT 27 INT200600121211 DD03302006 CO-DC 0615001002700 1CG06150010
Census Tract019047
Assessed Land Value$80,000
Assessed Improvement Value$208,120
Assessment Year2025

About this property

Welcome to 2926 Bonanza Lane in Garland! This 3 bedroom, 2 bath, 1.5-story home offers 1,462 sq ft on a corner lot. The owner’s suite is on the main level, with two more bedrooms and a full bath upstairs. The living area has a wood-burning fireplace, and the backyard is enclosed by a wood fence. A 2-car garage adds parking and storage. The home will need a new HVAC system and window replacement. To help with these updates, the seller is offering $30,000 in concessions, so the buyer can choose their own system and windows and build equity. Convenient to shopping, dining, parks, and major roadways. Garland ISD. Buyer and buyer’s agent to verify all information, including schools and measurements.

Investor Tools

Property Icon
$288,120
Estimated Property Value
$184,000Estimated Mortgage Balance
$113,647Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,729 /month
Positive
Cash Flow Estimate:
$576 /month

Interested in this property?

Steve Koleno

Beycome Brokerage Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$433/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,752
$288,120
2025
$80,000
$208,120
$288,120
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,752
$288,120

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Integrity Mortgage Corporation Of Texas
Conventional
$184,000
No
First
Dec 5, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$174,769
$113,351
39%
61%
$1,104/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,104/mo
+$868/mo
8.2%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Garland

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2926 Bonanza Ln | Property Details | No Agent List