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$256,000

NAL Estimated Property Value

2002 Ridgewood St, Irving, TX, 75062

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,035 Sq Ft
price_per_sqft$288.41 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces1

Land Information

APN32432500200190000
SubdivisionRidgecrest
Land UseResidential
Legal DescriptionRIDGECREST 6 BLK 20 LT 19 VOL2004226/5199 DD11192004 CO-DC 4325002001900 2CI43250020
Census Tract014316
Assessment Year2025

About this property

Nicely UPDATED home in a desirable neighborhood with an amazing location between Fort Worth and Dallas just minutes from the DFW international airport. Very close to shopping, entertainment and major thoroughfares. New flooring, appliances, paint, counter tops, fixtures and much more. Seller wants to provide owner financing for retirement income. 10% down, 10% interest rate for 15 year term.

Investor Tools

Property Icon
$256,000
Estimated Property Value
$31,426Estimated Mortgage Balance
$224,574Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,791 /month
Positive
Cash Flow Estimate:
$597 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$399/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,502
$180,000
2025
N/A
N/A
$180,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,502
$180,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Magnus Financial Corp
Unknown
$75,000
No
First
Jan 6, 2005
Feb 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$31,426
$224,574
87%
12%
$450/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$450/mo
+$1,522/mo
9.2%

City: Irving

2002 Ridgewood St | Property Details | No Agent List