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$376,780

NAL Estimated Property Value

222 W Chico Drive, Garland, TX, 75041

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,180 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$105.05 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal
FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size11,058 sqft

Building Information

Year Built1964
Stories1
Roof Type105
Garage Spaces1

Land Information

APN26486500150120000
Lot Number12
SubdivisionRidgewood
Land UseResidential
Legal DescriptionRIDGEWOOD ESTATES 2 BLK 15 LT 12 INT202100008300 DD01072021 CO-DC 4865001501200 1CG48650015
Census Tract018300
Assessed Land Value$65,000
Assessed Improvement Value$311,780
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED. Need LOTS OF PARKING? There is plenty of that in the back and in front as well. This home is much larger than tax reports, accommodating 4 large bedrooms and a flex room or gameroom that could be a bedroom. No carpet! Decorator colors. Open design kitchen and adjoining dining area will make family dinners a breeze. The flow of this floorplan allows for occupants to have privacy, yet come together for gatherings. Bathrooms are updated cleanly and efficiently. This large, fully fenced, corner lot home has much to offer! Come see this one!!

Investor Tools

Property Icon
$376,780
Estimated Property Value
$197,788Estimated Mortgage Balance
$178,992Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,261 /month
Positive
Cash Flow Estimate:
$754 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$571/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,970
$376,780
2025
$65,000
$311,780
$376,780
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,970
$376,780

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Conventional
$220,400
No
First
Jan 7, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$197,788
$178,992
47%
52%
$1,322/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,322/mo
+$1,250/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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222 W Chico Drive | Property Details | No Agent List