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$475,000

NAL Estimated Property Value

2225 Ridgewood, Carrollton, TX, 75006

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,314 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$205.27 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

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

Exterior

Exterior FeaturesGarden
Lot Size9,000 sqft

Building Information

Year Built1979
Stories1
Roof Type105
Garage Spaces2

Land Information

APN14119600040240000
Lot Number24
SubdivisionWoodcreek
Land UseResidential
Legal DescriptionWOODCREEK 1 BLK D LOT 24 INT202100162503 DD05282021 CO-DC 1196000402400 2CC11960004
Census Tract013721
Assessed Land Value$85,000
Assessed Improvement Value$335,000
Assessment Year2025

About this property

Beautifully remodeled home in the desirable and quiet Woodcreek neighborhood, with an incredibly convenient location near President George Bush Turnpike, restaurants, shopping, grocery stores, and more. This 3-bedroom, 2.5-bath home offers two oversized living areas, warm wood beams throughout the ceilings, double-pane windows for improved insulation, and a comfortable layout with character throughout. The main living room features a fireplace and large windows overlooking the backyard, while the second living area includes a wet bar and half bath, creating a great space for entertaining or everyday enjoyment. The spacious primary suite offers a freestanding tub, an oversized walk-in shower, his-and-hers vanities & closets, while the two secondary bedrooms share a convenient Jack-and-Jill bathroom. The updated kitchen features quartz countertops and an undermount single basin stainless steel gold sink. Step outside to a roomy backyard with a large covered patio and mature tree. Additional updates include 2023 PVC plumbing, 2023 HVAC, 2025 wood fence, and 2026 carpet.

Investor Tools

Property Icon
$475,000
Estimated Property Value
$296,988Estimated Mortgage Balance
$178,569Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$573/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,501
$420,000
2025
$85,000
$335,000
$420,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,501
$420,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Absolute Mortgage & Lending
Conventional
$324,000
No
First
Jan 20, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$296,988
$178,012
37%
63%
$1,943/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$1,943/mo
+$97/mo
5.2%

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: Carrollton

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2225 Ridgewood | Property Details | No Agent List