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B+
NoAgentList RatingHow are grades calculated? Info

$341,000

501 W Ridgewood Dr, Garland, TX, 75041

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,100 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$175.67 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range, Microwave
FlooringCarpet, Laminate

Exterior

Lot Size13,430 sqft

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces3

Land Information

APN26485500090040000
Lot Number4
SubdivisionRidgewood
Land UseResidential
Legal DescriptionRIDGEWOOD ESTATES 1 BLK 9 LOT 4 INT202500069098 DD04042025 CO-DC 4855000900400 1CG48550009
Census Tract018300
Assessed Land Value$77,000
Assessed Improvement Value$206,200
Assessment Year2025

About this property

Welcome to this beautifully remodeled 4 Bedroom, 3 Bathroom and living area home, perfect for families and entertainers alike. As you step inside, you'll be greeted by the large living area, setting the tone for sophistication and style awaits. The open concept living area flows seamlessly into the kitchen complete with a kitchen island perfect for food preparation and casual dining. The four spacious bedrooms offer ample natural light and plenty of closet space. The master bedroom is a serene retreat complete with an ensuite bathroom and large walk-in closet.

Investor Tools

Property Icon
$341,000
Estimated Property Value
$0Estimated Mortgage Balance
$341,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,213 /month
Positive
Cash Flow Estimate:
$738 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$645/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,032
$283,200
2025
$77,000
$206,200
$283,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,032
$283,200

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$341,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
N/A
+$1,565/mo
5.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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501 W Ridgewood Dr | Property Details | No Agent List