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$404,000

NAL Estimated Property Value

6121 Ridge Top Ln, Garland, TX, 75043

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,108 Sq Ft
price_per_sqft$201.57 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringCeramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage
Lot Size13,073 sqft

Building Information

Year Built1985
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26611000060180000
Lot Number18
SubdivisionTrail Valley Rep
Land UseResidential
Legal DescriptionTRAIL VALLEY 2 REP BLK 6 LOT 18 INT202200190146 DD07072022 CO-DC 6110000601800 1CG61100006
Census Tract018129
Assessed Land Value$57,500
Assessed Improvement Value$345,840
Assessment Year2025

About this property

Second Chance ..Buyers Financing fell out!...1 story Golf Course Lot with Pool. Wonderful Florida Room with Half Bath overlooking the pool on #2 Green. One Owner home! This home has been well taken care of and set up for entertaining. The Third bedroom closet was removed to convert for office space but can easily be added back. Play pool with additional storage, decking, outdoor kitchen equipment and more. This is a home you do not want to miss out on! Prime lot on the Golf course with room for Play area for the kids. Buyers will need new Survey.

Investor Tools

Property Icon
$404,000
Estimated Property Value
$250,695Estimated Mortgage Balance
$153,305Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,549 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$746/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,929
$403,340
2025
$57,500
$345,840
$403,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,929
$403,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Conventional
$270,000
No
First
Jul 7, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$250,695
$153,305
37%
62%
$1,619/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,619/mo
+$353/mo
5.9%

City: Garland

6121 Ridge Top Ln | Property Details | No Agent List