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$307,000

NAL Estimated Property Value

2309 Richbrook Dr, Garland, TX, 75044

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,565 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$198.08 / sqft
Year BuiltBuilt in 1972

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, Refrigerator
FlooringLaminate

Exterior

Lot Size7,130 sqft

Building Information

Year Built1972
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26482500130080000
Lot Number8
SubdivisionRichland Meadows
Land UseResidential
Legal DescriptionRICHLAND MEADOWS BLK M LOT 8 INT202100356245 DD11292021 CO-DC 4825001300800 1CG48250013
Census Tract019049
Assessed Land Value$50,000
Assessed Improvement Value$254,500
Assessment Year2025

About this property

? Newly Renovated 3-Bedroom Home! ? Welcome to this beautifully updated 3-bedroom, 2-bathroom home with a spacious 2-car garage and stylish modern upgrades throughout. Fresh paint and all-new laminate flooring create a bright, inviting atmosphere the moment you step inside. The kitchen and bathrooms shine with new granite countertops, offering both beauty and durability. The primary bedroom provides a private retreat with direct access to the backyard, where you’ll enjoy a lush turf lawn—ideal for relaxing, entertaining, or weekend play. Move-in ready and thoughtfully renovated, this home is perfect for both comfort and convenience. *.Information contained herein is deemed reliable and furnished by the owner's to the best of their knowledge. All subject to verification by buyer and buyers agent. Listing Agent, Co- Listing Agent and Listing Agents Brokers assumes no responsibility for correctness.

Investor Tools

Property Icon
$307,000
Estimated Property Value
$292,875Estimated Mortgage Balance
$14,125Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,860 /month
Positive
Cash Flow Estimate:
$620 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$705/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,924
$304,500
2025
$50,000
$254,500
$304,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,924
$304,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plains Commerce Bank
Conventional
$295,450
No
First
Nov 7, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$292,875
$14,125
4%
95%
$1,772/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,772/mo
+$378/mo
8.4%

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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2309 Richbrook Dr | Property Details | No Agent List