1view

$450,000

2513 ridgemeade Drive, Garland, TX, 75040

Off Market

5 Beds

3 Bath

2,860 Sq Ft

Single Family Residence

$157.34 / sqft

Built in 1993

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Refrigerator

FlooringBamboo, Carpet, Tile

Exterior

Private Pool

Lot Size11,310 sqft

Building Information

Year Built1993

Stories1

Roof Type105

Garage Spaces2

Land Information

APN26343720080010000

Lot Number1

SubdivisionMeadow

Land UseResidential

Legal DescriptionMEADOW CREST ESTATES BLK 8 LOT 1 INT202200257938 DD09272022 CO-DC 3437200800100 1CG34372008

Census Tract019026

Assessed Land Value$48,000

Assessed Improvement Value$417,780

Assessment Year2025

About this property

WOW! ABSOLUTELY STUNNING & CHARMING! EXCELLENT CONDITION 5 BR CORNER LOT home is waiting for a big family to build happy memories just as the original homeowners have enjoyed living here. Beautiful bamboo flooring throughout in Bedrooms except in the 5th BR. Recently painted inside ready for your decorating ideas. Bright w lots of natural lights abound this open floor plan home. Double fireplace in family room & living room. Spacious kitchen has granite countertops w tile backsplash & ample rich wood cabinet spaces. Master BR has ensuite bath, double vanity, corner bath tub & separate shower. Great secondary bedroom sizes w walk in closets. ENJOY the backyard oasis & splash into the sparkling pool during the TX summer heat. Covered Patio w extended concrete makes your backyard a great venue for parties and entertaining family & friends. This gorgeous home has enough space for everybody to enjoy. Pool is fenced for child safety. Rear entry electric gate a plus! Great Location!

Investor Tools

$465,780

Estimated Property Value

$0Estimated Mortgage Balance

$79,065Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,795 /month

Positive

Cash Flow Estimate:

$932 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$921/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,722

$465,780

2025

$48,000

$417,780

$465,780

Tax History

Year

Tax Paid

Assessed Value

2024

$8,722

$465,780

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Conventional

$415,000

First

Sep 27, 2022

Oct 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$386,715

$79,065

16%

83%

$2,489/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,572/mo

$2,489/mo

+$83/mo

6.6%

Learn About the Market: Opportunity in Texas

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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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