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$362,840

125 Ridgegate Dr, Garland, TX, 75040

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,697 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$176.72 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Dishwasher, Disposal, Electric Cooktop
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size8,400 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26238960080060000
Lot Number6
SubdivisionGlenbrook Meadows
Land UseResidential
Legal DescriptionGLENBROOK MEADOWS 7 BLK 8 LOT 6 INT202300123133 DD05222023 CO-DC 2389600800600 1CG23896008
Census Tract019025
Assessed Land Value$100,000
Assessed Improvement Value$262,840
Assessment Year2025

About this property

MULTIPLE OFFERS received! Come see this beautiful, conveniently located one story family home nestled in a quiet mature neighborhood in Garland. Minutes from shopping, dining, schools, parks and major highway access for easy commuting. Home has an extra large covered patio, ready for your fire pit and outdoor furniture just in time to enjoy the fast approaching fall weekends. Recent updates include new front and back doors, fresh paint inside and out, new carpet in bedrooms, quartz countertops and new flooring in restrooms with all new plumbing fixtures, light fixtures and more. Home has nice wood flooring in main living areas and an open floor plan and kitchen for entertaining. This home won't last!

Investor Tools

Property Icon
$362,840
Estimated Property Value
$0Estimated Mortgage Balance
$362,840Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,177 /month
Positive
Cash Flow Estimate:
$726 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$698/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,562
$362,840
2025
$100,000
$262,840
$362,840
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,562
$362,840

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$362,840
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
6.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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125 Ridgegate Dr | Property Details | No Agent List