Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View
A
NoAgentList RatingHow are grades calculated? Info

$416,000

312 W Rio Grande St, Garland, TX, 75041

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,818 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.04 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

BankruptcyPre-ForeclosureHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
FlooringWood

Exterior

Private PoolPrivate Pool
Lot Size15,770 sqft

Building Information

Year Built1961
Stories1
Roof Type105
Garage Spaces4

Land Information

APN26490500040010000
Lot Number1
SubdivisionRidgewood Park
Land UseResidential
Legal DescriptionRIDGEWOOD PARK BLK D LT 1 INT201200115344 DD04192012 CO-DC 4905000400100 1CG49050004
Census Tract018402
Assessed Land Value$70,000
Assessed Improvement Value$312,100
Assessment Year2025

About this property

100% Financing Available!! Motivated Seller! Come and visit this stunning, freshly painted, and well-maintained two-story home, offering 5 bedrooms, 3 full bathrooms, and a guest room with ample space for family living and entertaining. Featuring original hardwood floors and tile throughout, this home combines timeless charm with modern updates. Enjoy your own backyard oasis with a sparkling pool complete with a diving board, perfect for summer gatherings. An oversized mother-in-law suite that overlooks the pool and patio, offering its own private bathroom and ideal accommodations for guests or extended family. Situated on a generous lot with a privacy fence, you'll appreciate both space and seclusion. This home offers the perfect blend of comfort, functionality, and entertainment. Located near main highways and shopping, as well as great schools to choose from. All appliances are included! The roof is about 5 years old. Buyer to verify measurements. Check Documents for Special Financing to save $$$.

Investor Tools

Property Icon
$416,000
Estimated Property Value
$125,650Estimated Mortgage Balance
$308,345Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,520 /month
Positive
Cash Flow Estimate:
$840 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$320/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,758
$382,100
2025
$70,000
$312,100
$382,100
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,758
$382,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Stand Alone First / Home Equity First Lien
$125,650
No
First
Mar 6, 2019
Apr 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$107,655
$308,345
74%
26%
$754/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...