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$272,000

NAL Estimated Property Value

3308 Ranch Drive, Garland, TX, 75041

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,752 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.96 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal

Building Information

Year Built1959
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26433500220030000
Lot Number3
SubdivisionOrchard Hills Estates
Land UseResidential
Legal DescriptionORCHARD HILLS ESTATES 6 BLK 22 PT LOT 2 & PT LOT 3 INT202200310863 DD12072022 CO-DC 4335002200300 1CG43350022
Census Tract018402
Assessment Year2025

About this property

Charming, Updated & Move-In Ready in the Heart of Garland! Welcome to 3308 Ranch Dr Garland—where charm meets modern convenience in one of Garland's most established and accessible neighborhoods. This beautifully updated 3-bedroom, 2-bath home with a spacious 2-car garage offers the perfect blend of character and comfort, all at a price that’s hard to beat. Step inside to find fresh interior and exterior paint, designer light fixtures, updated hardware, and a warm, welcoming layout that instantly feels like home, and 2 closets in the primary bedroom. The thoughtfully refreshed pier and beam foundation has been professionally restored and wrapped for high performance—offering peace of mind for years to come. Additional upgrades include newer windows for energy efficiency, new rain gutters, a newer water heater, and a newly installed French drain system to keep things dry and worry-free. The location can’t be beat—just minutes from major highways, shopping, dining, and parks, with easy access to Downtown Dallas and the surrounding metroplex. This home checks all of the boxes for any stage of buyer. Don’t miss your chance to own a move-in ready gem in a prime location—priced to sell and ready to welcome you home!

Investor Tools

Property Icon
$272,000
Estimated Property Value
$241,652Estimated Mortgage Balance
$30,348Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$200/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,043
$244,000
2025
N/A
N/A
$244,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,043
$244,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$242,000
No
First
May 27, 2026
Jun 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$241,652
$30,348
11%
89%
$1,451/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,451/mo
+$521/mo
8.7%

City: Garland

3308 Ranch Drive | Property Details | No Agent List