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$400,000

514 Ridgegate Dr, Garland, TX, 75040

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,000 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$200 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

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

Exterior

Exterior FeaturesRain Gutters
Lot Size8,400 sqft

Building Information

Year Built1976
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26238800010130000
Lot Number13
SubdivisionGlenbrook Meadows 4th Sec
Land UseResidential
Legal DescriptionGLENBROOK MEADOWS 4TH SEC BLK A LOT 13 INT202500033775 DD02052025 CO-DC 2388000101300 1CG23880001
Census Tract019026
Assessed Land Value$75,000
Assessed Improvement Value$295,900
Assessment Year2025

About this property

The hard work is done! This 3 bedroom, 2 bath single-story home has been updated top to bottom and is ready for its next owner. Tucked close to the highway, shopping, and restaurants, it pairs everyday convenience with true move-in-ready ease. The kitchen features new cabinetry, backsplash, and appliances. The primary suite offers an updated bath with new tile, two walk-in closets, and LVP flooring, while the guest bath has been re-tiled and freshly painted. The living room centers on a fireplace framed by a newly rebuilt chimney, set against fresh paint, recessed lighting, new ceiling fans, fixtures, and door hardware throughout the home. Major systems are covered too — HVAC and thermostat replaced July 2026, water heater replaced September 2025, and a roof just 3 years old. Out back, a fenced yard offers room to relax or entertain, with a new 6ft cedar fence and a storage shed that conveys with the home.

Investor Tools

$0Estimated Mortgage Balance
$370,900Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

Interested in this property?

Ana Cavazos

Keller Williams Realty DPR

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$348/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,317
$370,900
2025
$75,000
$295,900
$370,900
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,317
$370,900

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$370,900
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
6.4%

City: Garland