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$376,000

NAL Estimated Property Value

130 E Ridgegate Drive, Garland, TX, 75040

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,843 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$203.47 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Electric Oven, Electric Water Heater, Double Oven, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26239000050040000
SubdivisionGlenbrook Meadows
Land UseResidential
Legal DescriptionGLENBROOK MEADOWS 9 BLK 5 LT 4 INT202200156101 DD06022022 CO-DC 2390000500400 1CG23900005
Census Tract019025
Assessment Year2025

About this property

Come take a look at this beautifully maintained home located just minutes from PGBT in Garland. Buyers financing fell through 1 day after executing contract!! It boasts 4 Bedrooms, 2 baths and 2 Dining areas with a 2 car garage. Easy access to SH190 and US 75 near Toyota Plano. Popular open concept with natural light, stunning flooring and a cozy fireplace. Kitchen has quartz countertops, island cooktop, range hood, tile backsplash, white cabinets and SS appliances. Large backyard with storage shed. Home is currently tenant occupied until June 30, 2022. Tenants have dog that will be crated during showings. All information herein deemed reliable but not guaranteed. Buyer and buyer's agent to verify all information. Please email or text all questions to LA1 or LA2. ALL OFFERS SUBMITTED THROUGH online portal at www.CrumpRealtyGroupTexas.com

Investor Tools

Property Icon
$376,000
Estimated Property Value
$275,440Estimated Mortgage Balance
$100,560Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,256 /month
Positive
Cash Flow Estimate:
$752 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$701/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,535
$376,000
2025
N/A
N/A
$376,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,535
$376,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Texas Na
Conventional
$297,188
No
First
Jun 2, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$275,440
$100,560
26%
73%
$1,782/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,782/mo
+$790/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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130 E Ridgegate Drive | Property Details | No Agent List