$358,000
NAL Estimated Property Value3002 Medina Dr, Garland, TX, 75041
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCeramic Tile, Laminate, Wood
Exterior
Lot Size9,258 sqft
Building Information
Year Built1960
Stories1
Roof Type105
Garage Spaces2
Land Information
APN26489500220040000
Lot Number4
SubdivisionRidgewood
Land UseResidential
Legal DescriptionRIDGEWOOD ESTATES 5 BLK 22 LOT 4 INT201400052615 DD03032014 O-DC 4895002200400 1CG48950022
Census Tract018300
Assessed Land Value$70,000
Assessed Improvement Value$257,090
Assessment Year2025
About this property
If you are looking for spacious here it is. 3 Living areas, 2 master suites, open floor plan. Galley kitchen with beautiful updated mosaic tile back splash connected to all three living rooms & dining room. Great for entertaining. Small courtyard in the back, plus storage. Ceiling fan in every room. No carpet. Ready to move in.
Investor Tools
$358,000
Estimated Property Value
$62,116Estimated Mortgage Balance
$295,884Estimated Equity
82% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,148 /month
Positive
Cash Flow Estimate:
$716 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$733/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,006
$327,090
2025
$70,000
$257,090
$327,090
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,006
$327,090
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dba Sherman Bridge Lending
Conventional
$86,250
No
First
Nov 4, 2013
Dec 2043
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$62,116
$295,884
82%
17%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
N/A
+$2,572/mo
8.6%
