When was property at 122 Wallace Drive built and last sold?

The property at 122 Wallace Drive was built in 1955 and last sold on Sep 6, 1996 for $0.

How much is this home worth?

The estimated value of the home located at 122 Wallace Drive is $295,375.

What are some comparable homes to 122 Wallace Drive?

There are currently no comparable homes to 122 Wallace Drive.

Garland

75041

Monica Park

122 Wallace Drive

$285,000

● House - Off Market

122 Wallace Drive

Garland, TX 75041

4 Beds

3 Baths

1,568 Ft²

$1,424

Est. Monthly

About This Property

Welcome to this beautifully updated 4-bedroom, 3-bathroom home that perfectly blends comfort and style. The inviting living room features a cozy fireplace, ideal for relaxing evenings. The modern kitchen boasts sleek finishes and a gas stove-perfect for cooking and entertaining. Enjoy outdoor living in the spacious backyard shaded by mature trees, offers the perfect space for outdoor gatherings or quiet moments. Conveniently located near major highways for an easy commute. Don't miss this must-see home! Ask about the lender-paid 1-0 interest rate buydown available through our preferred lender. Subject to lender approval.

Unit Size

1,568 Ft²

Days on Market

Land Size

0.18 acres

Price per sqft

$185

Property Type

House

Property Taxes

HOA Dues

Year Built

1955

Payment Calculator

Cap Rate Calculator

Last updated: 11 months ago (NTREIS #20940254)

Price History

Date / Event	Date	Event
Dec 19, 2025	Sold	Premium
Sold
Nov 17, 2025	In contract	-
In contract
Sep 4, 2025	Relisted	$290,000
Relisted
Jul 3, 2025	In contract	-
In contract
Jun 7, 2025	Price Decreased	$290,000 ↓ $9K (2.9%)
Price Decreased
May 20, 2025	In contract	-
In contract
May 17, 2025	Listed by Regal, REALTORS	$298,500
Listed by Regal, REALTORS
Mar 27, 2025	Sold	Premium
Sold
Mar 8, 2025	In contract	-
In contract
Feb 13, 2025	Relisted	$189,900
Relisted
Feb 7, 2025	In contract	-
In contract
Jan 28, 2025	Listed by McKinnon Real Estate	$189,900
Listed by McKinnon Real Estate

	Perfect location! Some TLC needed for this 3 bedroom, 1 bathroom with bonus room, flex space and wood burning fireplace. Close to Firewheel Town Center, Lake Ray Hubbard, shopping and restaurants. Easily accessible to major highways. The home is being sold in AS-IS. Cash or Owner Financing. No Blind Offers.

Property Highlights

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1955

Effective Year Built: 1955
Building Count: 1
Bedroom Count: 3
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Building Condition: 6
Building Quality: 0
Construction Type: 6
Building Style: 0
Exterior Walls Type: 15
Interior Walls Type: 0
Roof Shape Type: 1
Roof Cover Type: 3
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 5
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 8,222

Lot Size Depth Feet: 1,330
Lot Size Frontage Feet: 600
Total Building Area: 1,568
Building Area: 1,568
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 1,568
Heating Fuel Type: 3

Utilities

Sewer System: 0

Water Service: 2

Building

Building Type: 0

Property Class: R
Subdivision: MONICA PARK 1
Land Acres: 0000000189
Standard Land Use Code: 1001
County Land Use Code: A11
State Land Use Code: A11
Legal Description 1: MONICA PARK 1 BLK 1 LT 1 INT200600475239 DD12182006 CO-DC 3525000100100 1CG35250001

Neighborhood

School District Name: Garland Independent School District

School Tax School District: GARLAND ISD
Census Tract: 018206

Zoning

Zoning: Z390

Geography

Assessors Map Reference: 263525000100100

Account Number: 263525000100100
Subdivision Tract Number: 35250
Parcel: 26-35250-001-001-0000
Block: 1
Lot: 1
Municipality: GARLAND
Latitude: 32.8922
Longitude: -96.6295

Address

Full Address: 122 Wallace Dr

Address - House Number: 122
Address - Street Name: Wallace
Address - Suffix Type: Dr
State: TX
City Name: Garland
Carrier Code: C043
4-Digit Zip Code: 1955
Zip Code: 75041

Valuation

Tax

Tax Year: 2022

Tax Amount: $444,391
Tax Rate Code Area: GS

Appraisal Valuation

Standard Deviation: 0.2093

Valuation Date: Nov 15, 2023
Confidence Score: 71
Final Value: 268,525
High Value: 324,741
Low Value: 212,310

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Financing Type:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium

Market Valuation

Market Total Value: $180,000

Market Land Value: $45,000
Market Improvement Value: $135,000

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $180,000
Assessed Land Value: $45,000
Assessed Improvements Value: $135,000

Sales

Current Sale Contract Date: Sep 06, 1996

Current Sale Recording Date: Sep 13, 1996
Current Sale Document Type: 71

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Monica Park

Stats & Trends

Median Asking:

$254,995

Sale Price/ft²

$206

Below Asking

0.02%

Average Days on Market

Average Home Size

1247 ft²

Average Home Age

67.6 years

Currently For Sale

8 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 4126 Kazak Street, Garland, TX, 75041

$2,950 /mo

4 Beds
3 Baths
2,422 ft²

4126 Kazak Street, Garland, TX, 75041 Listing by Rosanna Silverio

Unit for rent at 1970 Garrison Way, Garland, TX, 75040

$2,600 /mo

4 Beds
2 Baths
2,354 ft²

1970 Garrison Way, Garland, TX, 75040 Listing by Kyle Nguyen

Unit for rent at 4309 Connie Drive, Garland, TX, 75043

$2,600 /mo

4 Beds
3 Baths
1,369 ft²

4309 Connie Drive, Garland, TX, 75043 Listing by Alie Rosales

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Deba Douglas, Regal, REALTORS
Last Updated: 11 months ago
Data Source: NTREIS MLS, MLS# 20940254
Details provided by NTREIS and may not match the public record

122 Wallace Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Monica Park

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions