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$351,000

NAL Estimated Property Value

2526 Meadowridge Drive, Garland, TX, 75044

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,605 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$218.07 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

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

Exterior

Lot Size7,360 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26421610020090000
Lot Number9
SubdivisionOakridge
Land UseResidential
Legal DescriptionOAKRIDGE 3 BLK 2 LT 9 INT202200132479 DD05062022 CO-DC 4216100200900 1CG42161002
Census Tract019020
Assessed Land Value$90,000
Assessed Improvement Value$239,690
Assessment Year2025

About this property

This one won't last long. Well maintained house. Covered patio with nice size backyard. Fireplace, blinds throughout, new energy efficient windows. A Ring doorbell, wood floors and tile throughout house. Skylights and a large master bathroom.

Investor Tools

Property Icon
$351,000
Estimated Property Value
$266,440Estimated Mortgage Balance
$84,560Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,106 /month
Positive
Cash Flow Estimate:
$702 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$631/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,822
$329,690
2025
$90,000
$239,690
$329,690
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,822
$329,690

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$288,000
No
First
May 6, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$266,440
$84,560
24%
76%
$1,727/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,727/mo
+$423/mo
7.4%

City: Garland

2526 Meadowridge Drive | Property Details | No Agent List