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$337,000

NAL Estimated Property Value

2809 Ripplewood Dr, Garland, TX, 75044

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,915 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$182.77 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Range, Microwave
FlooringCeramic Tile

Exterior

Lot Size7,130 sqft

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26016500120410000
Lot Number41
SubdivisionArapaho East
Land UseResidential
Legal DescriptionARAPAHO EAST 3 BLK 12 LOT 41 VOL2004100/4392 DD05192004 CO-DC 0165001204100 1CG01650012
Census Tract019028
Assessed Land Value$80,000
Assessed Improvement Value$195,420
Assessment Year2025

About this property

This single-story home is loaded with updates and has been gently lived in and meticulously maintained by the current owner for 20+ years. The spacious eat-in kitchen has been updated to perfection and features custom white cabinetry and quartz countertops, canned lighting, decorative chandelier, stainless-steel smooth top range, built-in microwave and a wonderful farmhouse sink with window above looking out to the picture perfect views of the backyard and covered patio. The large adjoining living room, with wood-burning fireplace, can be used as a dining room or secondary living room, and is complimented with vaulted ceilings, decorative lighting and lots of windows providing great backyard views. The second living room, equipped with ceiling fan and canned lighting, is enormous, and makes the perfect entertainment space or media room. The home lies nestled on a nicely landscaped interior lot, with a big backyard equipped with an oversized 20X20 cedar trimmed covered patio, complete with TV hook-ups. Backyard also enjoys stone trimmed landscape design and a board-on-board fence. Other updates include windows throughout the home, roof, tile flooring, and so much more! This home, served by a top-rated school district, sits on a quiet tree-lined street in a neighborhood that enjoys a great location just minutes from the George Bush Turnpike or 75, area parks, and lots of local shopping and dining. What a combination of convenience, comfort, and versatility—all with no HOA!

Investor Tools

Property Icon
$337,000
Estimated Property Value
$305,117Estimated Mortgage Balance
$31,883Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$514/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,478
$275,420
2025
$80,000
$195,420
$275,420
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,478
$275,420

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$307,800
No
First
Nov 21, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$305,117
$31,883
9%
91%
$1,846/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,846/mo
+$304/mo
7.7%

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.

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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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2809 Ripplewood Dr | Property Details | No Agent List