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$250,000

2113 Richwood Dr, Garland, TX, 75044

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,402 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.32 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Lot Size6,900 sqft

Building Information

Year Built1972
Roof Type105
Garage Spaces2

Land Information

APN26482500070040000
Lot Number4
SubdivisionRichland Meadows
Land UseResidential
Legal DescriptionRICHLAND MEADOWS BLK G LT 4 CO-DALLAS 4825000700400 32648250007
Census Tract019049
Assessed Land Value$50,000
Assessed Improvement Value$217,340
Assessment Year2026

About this property

Fixer-upper in Garland, TX 75044: a 1972 single-story brick-and-stone ranch in the Richland Meadows neighborhood, owned by the same family since it was built. Priced below 2026 Dallas Central Appraisal District (DCAD) assessed value and sold as-is, it’s a fit for investors, flippers and buyers ready to renovate. The home has 3 bedrooms, 2 bathrooms, an attached two-car garage and a wood-burning fireplace with a brick mantel, with mature trees in the front and back yards. It sits on a short, two-block street near Ethridge Elementary and North Garland High School in Garland ISD. 0.2 miles from Holford Park and Holford Recreation Center (pools, water slides, fitness center, sports courts, playground and walking trails), about 8 minutes from the President George Bush Turnpike and Highway 78, and 10 minutes from Firewheel Town Center for shopping, dining and entertainment. Bring your contractor and your vision.

Investor Tools

$18,251Estimated Mortgage Balance
$260,309Estimated Equity
93% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,668 /month
Positive
Cash Flow Estimate:
$556 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$235/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,428
$267,340
2026
$50,000
$217,340
$267,340
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,428
$267,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Abrams Centre National Bank
N/A
$130,000
N/A
First
May 17, 1999
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$18,251
$259,749
93%
7%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,510/mo
N/A
+$2,510/mo
10.8%

City: Garland

2113 Richwood Dr | Property Details | No Agent List