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$479,000

1510 Summit Ridge Dr, Garland, TX, 75043

$532,306 ARVInfo
On MarketInfo
Just AddedInfo
Beds5 Beds
Baths3 Bath
Baths4,193 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$114.24 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size10,030 sqft

Building Information

Year Built2005
Stories2
Roof Type105
Garage Spaces2

Land Information

APN26165900040030000
Lot Number3
SubdivisionEmerald Lake
Land UseResidential
Legal DescriptionEMERALD LAKE BLK 4 LT 3 INT200503624888 DD11282005 CO-DC 1659000400300 1CG16590004
Census Tract018147
Assessed Land Value$100,000
Assessed Improvement Value$510,610
Assessment Year2025

About this property

Outstanding 5Bed Room, 4Bath Room, 2 Living,2 Dining, 3 Car Garage Grand north west facing home with 4190 square feet in pretsigeous Emerald Lake community.Property is in Good condition, currently occupied by owner. Nice swimming pool, Game Room and Media Room Up stairs. Nailed down solid hard wood flooring in many areas including 1st floor living office and master Bedroom. Elegant entry way boasts with nice chandlier and a high ceiling. The office room with French doors and with custom paint, window covering and 2 inch blinds can also be used as 1st living. Light and bright Living area with Gas fire place with gas logs and blessed with high ceilings and custom painting. Lots of energy efficient large windowns to make light and bright customry to custom builder Grand Home. The Large Gourmet Kitchen with Granite counters, double sink, recessed lights, 48 inch custom cabinets snd shutter on window. The Formal dining with Crown Moulding and trim, light and bright has windows with 2 inch blinds and curtain. walking out the kithen is a serving bar with cabinet for your convenience. Fabulous master boasts with many upgrades like custom paint nailed down hardwood flooring ceiling fan and custom lightings.Master bath with jetted tub, separate sinks and stand up shower. Large master closet. entry to garage is throught the mudroom and utility area which also have a sink .3 car rear garage is very convenient for parking and storage. Upstairs Boasting with 4 bedrooms, game room and great media room. Beautiful front elevation and backyard with swimming pool for entertainment in the evening as sun goes down. Board on Board cedar fencing and much more to see. Listed lot below market for quick sale, cash preffered. please send your highest and best offer asap to steal this property. property may need few touch up works and stain on fence. sold as is, seller have no survey.Buyer or Buyer agent to varify all information including square feed and schools.

Investor Tools

$225,174Estimated Mortgage Balance
$385,436Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$532,305
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,664 /month
Positive
Cash Flow Estimate:
$1,221 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$997/month
$360/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$610,610
2025
$100,000
$510,610
$610,610
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$610,610

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ally Bank
Conventional
$247,049
No
First
Dec 9, 2021
Jan 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$225,174
$385,436
63%
37%
$1,482/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,842/mo
+$730/mo
5.1%

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.

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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1510 Summit Ridge Dr | Property Details | No Agent List