813 Magnolia Dr, Garland, TX, 75040
About This Home
Exceptional opportunity for investors, flippers, or buyers looking to create value through renovation. This 1,718 sq. ft. home features 2 bedrooms and 1 bathroom on a generously sized lot. One of the standout features is the home's two spacious living areas, offering excellent flexibility for a reconfiguration. The layout presents a great opportunity to convert one of the living rooms into a third bedroom while still maintaining a comfortable main living space. Additionally, there is potential to add a second bathroom adjacent to the laundry room, creating a functional layout similar to what many modern homes offer.Major improvements include a newer AC condenser and updated electrical panel, providing a solid starting point for your renovation plans. With its versatile floor plan and excellent upside potential, this property is ready for its next transformation. Conveniently located in the heart of Garland, just minutes from Historic Downtown Garland, Firewheel Town Center, President George Bush Turnpike (Hwy. 190), and a wide variety of shopping, dining, and entertainment. Located within Garland ISD with choice of schools, this property offers both strong investment potential and everyday convenience.
Getting Around
Somewhat Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1951
Type & Style
- Home type: SingleFamily
- Architectural style: Detached
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Oven,Gas Cooktop
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Other
- Number of fireplaces: 1
- Fireplace features: Living Room
- Fireplace: Yes
Interior Area
- Total interior livable area: 1,718 sqft
Living Room
- Level: First
- Dimensions: 15 x 27
Living Room
- Level: First
- Dimensions: 11 x 17
Master Bedroom
- Level: First
- Dimensions: 15 x 13
Property
Details
- Parcel number: 2045000300700
Features
- Levels: One
- Stories: 1
- Pool features: None
- Fencing: Back Yard
Lot
- Lot size: 8,646 sqft
Parking
- Total spaces: 1
- Parking features: Concrete
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Cold Wave
- Hail
- Tornado
- Ice Storm
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,087 | $13,044 |
| Home Insurance * | $205 | $2,460 |
| Property Taxes | $9 | $108 |
| Electricity | $238 | $2,859 |
| Total | $1,539 | $18,468 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-11 | Price change | $195,000 |
| 2026-07-21 | Listed for sale | $215,000 |
For Sale by Agent
View on Zillow