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Owner Contacts

$277,840

NAL Estimated Property Value

1018 Ridgegate Dr, Dallas, TX, 75232

Off Market

3 Beds

2 Bath

1,879 Sq Ft

Single Family Residence

$138.32 / sqft

Built in 1969

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Convection Oven

FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesPrivate Yard, Storage

Lot Size9,900 sqft

Building Information

Year Built1969

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000615718000000

Lot Number11

SubdivisionOakland Terrace

Land UseResidential

Legal DescriptionOAKLAND TERRACE BLK 2/6637 LT 11 INT202400253047 DD12132024 CO-DC 6637 002 01100 2006637 002

Census Tract011103

Assessed Land Value$65,000

Assessed Improvement Value$212,840

Assessment Year2025

About this property

Come see this beautifully remodeled home that has been fully updated!! Close to Loop 12, 35E and easy access to 20! Kitchen has lovely original wood cabinets, new granite countertops and brand new electric appliances including a beautiful convection oven and touch control glass cooktop! Brand new flooring in all living areas, new lighting, paint and revamped bathrooms! Large two car garage with workspace area as well as a huge shed for storage in the fenced in backyard! Private financing available as well as Seller Concessions negotiable.

Investor Tools

$277,840

Estimated Property Value

$492,950Estimated Mortgage Balance

$0Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,667 /month

Positive

Cash Flow Estimate:

$556 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$633/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,210

$277,840

2025

$65,000

$212,840

$277,840

Tax History

Year

Tax Paid

Assessed Value

2024

$6,210

$277,840

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cmg Mortgage Inc

Fha

$255,290

Yes

First

Dec 13, 2024

Jan 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$492,950

N/A

177%

$3,033/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$3,033/mo

$-1,061/mo

8.5%

Learn About the Market: Opportunity in Dallas

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Dallas

The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

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