$395,680
NAL Estimated Property Value2622 Ridge Oak Pl, Garland, TX, 75044
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerMove-In Ready
Highlights
Interior
AppliancesDishwasher, Double Oven, Microwave
FlooringWood
Exterior
Lot Size8,880 sqft
Building Information
Year Built1982
Stories1
Roof Type105
Garage Spaces2
Land Information
APN26421580030180000
Lot Number18
SubdivisionOakridge
Land UseResidential
Legal DescriptionOAKRIDGE 1 BLK 3 LT 18 INT202000367813 DD12312020 CO-DC 4215800301800 1CG42158003
Census Tract019020
Assessed Land Value$105,000
Assessed Improvement Value$290,680
Assessment Year2025
About this property
Must see completely renovated from top to bottom home! Brand new double oven-electric range cooktop, original brick wood-burning fireplace. New roof December 2020. You don't want to miss out on this!
Investor Tools
$395,680
Estimated Property Value
$247,192Estimated Mortgage Balance
$148,488Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,374 /month
Positive
Cash Flow Estimate:
$791 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$737/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,861
$395,680
2025
$105,000
$290,680
$395,680
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,861
$395,680
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citibank Na
Conventional
$276,000
No
First
Dec 31, 2020
Jan 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$247,192
$148,488
37%
62%
$1,655/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,655/mo
+$495/mo
6.5%
