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$308,000

NAL Estimated Property Value

518 Ridgedale Dr, Garland, TX, 75041

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,743 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.09 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Gas Water Heater
FlooringHardwood, Laminate, Linoleum, Tile

Exterior

Lot Size9,986 sqft

Building Information

Year Built1958
Stories1
Roof Type105
Garage Spaces4

Land Information

APN26487500200170000
Lot Number17
SubdivisionRidgewood
Land UseResidential
Legal DescriptionRIDGEWOOD ESTATES 3 BLK 20 LT 17 INT201200045381 DD12162011 CO-DC 4875002001700 1CG48750020
Census Tract018300
Assessed Land Value$70,000
Assessed Improvement Value$215,310
Assessment Year2025

About this property

This home has gotten a recent makeover with fresh paint, fixtures, window coverings, and appliances. Located only 10-15 minutes to major highway such as 30,635, & PGBT for ease of commute. This home has 3 bedrooms with each having an en-suite full bath. You could say it has 3 primary bedrooms. Which means you can decide if you'd like your primary bedroom to be in the back of the house or the front. Take your pick from all 3. You can't pass this up with Garland ISD school of choice and a great central location. Schedule your showing today. Tenant to bring their own fridge, washer, dryer, & microwave. Cooktop, Vent Hood, Oven, & Disposal included. Owner has recently done many updates, but the home will be rented out as is at this time. It is owners discretion if further updates will be completed throughout the lease such as flooring, countertop, bathroom, etc. Tenant to understand they are accepting the property in its current status and completed updates.

Investor Tools

Property Icon
$308,000
Estimated Property Value
$0Estimated Mortgage Balance
$308,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,848 /month
Positive
Cash Flow Estimate:
$616 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$652/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,283
$285,310
2025
$70,000
$215,310
$285,310
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,283
$285,310

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$308,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
N/A
+$1,972/mo
7.7%

City: Garland

518 Ridgedale Dr | Property Details | No Agent List