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$486,930

NAL Estimated Property Value

605 Ranier Cir, Garland, TX, 75041

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,363 Sq Ft
price_per_sqft$217.94 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Hardwood, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size16,744 sqft

Building Information

Year Built1959
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26487500180260000
Lot Number26
SubdivisionRidgewood
Land UseResidential
Legal DescriptionRIDGEWOOD ESTATES 3 BLK 18 LOT 26 INT202300036092 DD02172023 CO-DC 4875001802600 1CG48750018
Census Tract018300
Assessed Land Value$77,000
Assessed Improvement Value$409,930
Assessment Year2025

About this property

Beautiful home with exceptional updates throughout, including total kitchen and bath renovations, hardwood and porcelain tile flooring, electrical wiring, plumbing and roof, Anderson windows installed in most rooms. Open floor plan and abundant natural light, plus a large sunroom overlooking sparkling pool make this the perfect setting! Large private backyard with 2 wood decks, terraced garden spots and backs to gorgeous creek! Huge master w sitting area and gorgeous views out to pool and backyard, split bedroom features millwork walls and amazing private bath. Located in beautiful and popular tree lined neighborhood, plus choice of schools! Only 2 miles from the Garland Downtown area that offers dining, shopping and entertaining. Don't miss this chance to make this your own! List of renovations too numerous to mention, please see attached document on Transaction Desk for full list.

Investor Tools

Property Icon
$486,930
Estimated Property Value
$445,654Estimated Mortgage Balance
$41,276Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,090 /month
Positive
Cash Flow Estimate:
$1,030 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,126/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,072
$486,930
2025
$77,000
$409,930
$486,930
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,072
$486,930

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$474,050
No
First
Feb 17, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$445,654
$41,276
8%
92%
$2,843/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,843/mo
$-871/mo
4.9%

Learn About the Market: Opportunity in Texas

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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.

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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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605 Ranier Cir | Property Details | No Agent List