$281,000
NAL Estimated Property Value2513 Ridgecrest Dr, Garland, TX, 75041
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDishwasher, Gas Range
FlooringWood, Vinyl
Exterior
Lot Size7,490 sqft
Building Information
Year Built1960
Stories1
Roof Type105
Garage Spaces2
Land Information
APN26483500080070000
Lot Number7
SubdivisionRidgecrest Park
Land UseResidential
Legal DescriptionRIDGECREST PARK ESTATES BLK 8 LOT 7 INT202500055430 DD03172025 CO-DC 4835000800700 1CG48350008
Census Tract018501
Assessed Land Value$55,000
Assessed Improvement Value$191,970
Assessment Year2025
About this property
Must See, A four-bedroom, two-bathroom home that has been freshly painted, The home features has an eat-in kitchen with quartz countertops, new flooring, with new appliances, and updated bathrooms. The guest bath also features a walk-in bath with many extras. The backyard features a covered deck patio with a huge private yard, Great for relaxing or entertaining. Open House Sunday November 10, 2024.
Investor Tools
$281,000
Estimated Property Value
$287,532Estimated Mortgage Balance
$281,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,799 /month
Positive
Cash Flow Estimate:
$600 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$584/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,601
$246,970
2025
$55,000
$191,970
$246,970
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,601
$246,970
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Portfolio Mortgage Corp
Fha
$293,584
Yes
First
Mar 17, 2025
Apr 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$287,532
N/A
0%
102%
$1,761/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,761/mo
+$211/mo
8.4%
