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$386,000

2733 Ripplewood Drive, Garland, TX, 75044

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,978 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$197.17 / sqft
Year BuiltBuilt in 1973

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, Electric Range, Microwave, Tankless Water Heater
FlooringCarpet, Vinyl

Exterior

Lot Size7,130 sqft

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26016500120380000
Lot Number38
SubdivisionArapaho East
Land UseResidential
Legal DescriptionARAPAHO EAST 3 BLK 12 LOT 38 INT202500038853 DD02242025 CO-DC 0165001203800 1CG01650012
Census Tract019028
Assessed Land Value$80,000
Assessed Improvement Value$250,010
Assessment Year2025

About this property

The street from the movies with all of the trees canopying over the street...Stunningly updated home in North Garland bordering Richardson & convenient to PGBT. It is both stylish and functional for everyday living. The front yard has just been freshly sodded with St Augustine grass. Vaulted ceilings and tons of natural light pouring through the new double pane windows make this home shine as soon as you walk in. Walk into the huge front living area & dining area. Remodeled with luxury vinyl plank flooring in all main areas, the home also has new baseboards throughout. On trend lighting or ceiling fans are found in every room. There are built in shelves to display all of your favorite photos & collectibles. You will find the bright & open kitchen towards the back of the home, flowing to the second living area. The kitchen has new cabinets with soft close feature, & contemporary hardware. The kitchen also features granite counters, huge eat in island, a stainless steel sink with a push button disposal & a professional faucet, new stove, & built in microwave. The bathrooms have been updated with fresh quartz counters, modern tile finishes, & custom tile shower surrounds, new mirrors, hardware & new toilets. The cast iron underground sewer lines have been replaced with PVC in 2025. All bedrooms have been updated with new carpet in 2025 & new baseboards. There is a large primary bedroom with ensuite bath & huge walk in closet. The primary walk in shower has a new custom framed sliding glass door enclosure. Out back, most of the backyard has artificial turf installed, for low maintenance & easy clean up! The oversized covered patio is perfect for relaxing with coffee, or grilling with friends. Custom step stones added for just the right elegant touch! Behind the scenes, updates you can't see include the updated electrical panel, HVAC system & tankless water heater. This home is literally such a find! Don't miss this opportunity in a great location at this price point!

Investor Tools

Property Icon
$386,000
Estimated Property Value
$0Estimated Mortgage Balance
$46,970Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,340 /month
Positive
Cash Flow Estimate:
$780 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$283/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,462
$330,010
2025
$80,000
$250,010
$330,010
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,462
$330,010

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Midfirst Bank
Conventional
$346,700
No
First
Feb 24, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$339,030
$46,970
12%
88%
$2,079/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$2,079/mo
+$71/mo
6.7%

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.

Explore Texas Explore This Area
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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2733 Ripplewood Drive | Property Details | No Agent List