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$311,490

NAL Estimated Property Value

2205 Richbrook Dr, Garland, TX, 75044

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,606 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.25 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop

Building Information

Year Built1972
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26482500130020000
SubdivisionRichland Meadows
Land UseResidential
Legal DescriptionRICHLAND MEADOWS BLK M LT 2 INT202000361921 DD12182020 CO-DC 4825001300200 1CG48250013
Census Tract019049
Assessment Year2025

About this property

Richland Meadows Community! Unique arches that add character! Designer paint throughout, Granite countertops in kitchen and baths, new fixtures and faucets, laminate flooring, garage floor coating. Big backyard. Walking distance to Holford Aquatic and Rec-center park, public pool, and all schools. All information deemed reliable but not guaranteed. Agents and applicants to verify all information schools and measurements.

Investor Tools

Property Icon
$311,490
Estimated Property Value
$212,710Estimated Mortgage Balance
$98,780Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,869 /month
Positive
Cash Flow Estimate:
$623 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$720/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,082
$311,490
2025
N/A
N/A
$311,490
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,082
$311,490

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Conventional
$237,500
No
First
Dec 18, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$212,710
$98,780
31%
68%
$1,424/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,424/mo
+$726/mo
8.3%

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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2205 Richbrook Dr | Property Details | No Agent List