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$292,560

NAL Estimated Property Value

2502 Ridgecrest Dr, Garland, TX, 75041

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths2 Bath
Baths1,736 Sq Ft
price_per_sqft$1.21 / sqft
Year BuiltBuilt in 1960

Highlights

Interior

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

Exterior

Lot Size9,844 sqft

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26483500020120000
Lot Number12
SubdivisionRidgecrest Park
Land UseResidential
Legal DescriptionRIDGECREST PARK ESTATES BLK 2 LOT 12 INT202200062536 DD03032022 CO-DC 4835000201200 1CG48350002
Census Tract018501
Assessed Land Value$55,000
Assessed Improvement Value$237,560
Assessment Year2025

About this property

Welcome to this beautifully updated 3 bedroom, 2 bathroom home, perfectly situated on a spacious corner lot with a large yard that is ideal for outdoor living, gardening, or entertaining. Inside, you’ll find two inviting living spaces, including a cozy family room with a fireplace that’s perfect for gathering on cooler evenings. The fully renovated bathrooms add a touch of modern luxury, while freshly painted kitchen cabinets, interior walls, and ceilings create a bright, welcoming atmosphere. The bedrooms are generously sized, offering plenty of space to relax and unwind. Major updates completed in 2023 include a new water heater, furnace, and AC, ensuring comfort and energy efficiency for years to come. With its stylish updates, ample space, and prime location in Garland, this home is move in ready and waiting for you!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$676/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,652
$292,560
2025
$55,000
$237,560
$292,560
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,652
$292,560

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trinity Oaks Mortgage Llc
Stand Alone First / Home Equity First Lien
$160,000
No
First
Mar 3, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$147,480
$145,080
49%
50%
$960/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$960/mo
+$1,012/mo
8.1%

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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2502 Ridgecrest Dr | Property Details | No Agent List