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$400,000

142 Ridgegate Dr, Garland, TX, 75040

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,751 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$228.44 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Double Oven, Vented Exhaust Fan
FlooringVinyl

Exterior

Lot Size8,400 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26238960060150000
Lot Number15
SubdivisionGlenbrook Meadows
Land UseResidential
Legal DescriptionGLENBROOK MEADOWS 7 BLK 6 LT 15 VOL2002120/2731 CO-DC 2389600601500 32623896003
Census Tract019025
Assessed Land Value$100,000
Assessed Improvement Value$245,310
Assessment Year2025

About this property

Welcome to this beautifully fully renovated home where modern style meets everyday comfort. Step inside to an inviting open-concept floor plan designed for effortless living and entertaining. The stunning kitchen serves as the heart of the home, featuring a spacious center island, updated finishes, and ample space for gathering with family and friends. The living room is enhanced by a striking wood accent feature wall, adding warmth, character, and a custom designer touch that elevates the entire space. Thoughtfully updated throughout, this home offers a fresh, move-in-ready feel with stylish finishes and a functional layout. Whether you're hosting guests or enjoying a quiet evening at home, this beautifully remodeled property is ready for its next owner. Conveniently located in Garland with easy access to shopping, dining, parks, and major highways, this is a home you won't want to miss!

Investor Tools

Property Icon
$360,000
Estimated Property Value
$20,000Estimated Mortgage Balance
$351,891Estimated Equity
94% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

Interested in this property?

Jonathan Flores

NB Elite Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$304/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,844
$345,310
2025
$100,000
$245,310
$345,310
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,844
$345,310

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Community Cu
Credit Line (Revolving) / Heloc
$20,000
No
First
Nov 12, 2004
Dec 2024

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$8,109
$351,891
97%
2%
$120/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$120/mo
+$1,852/mo
6.6%

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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142 Ridgegate Dr | Property Details | No Agent List