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B+
NoAgentList RatingHow are grades calculated?Info

$651,000

NAL Estimated Property Value

10946 Ridgemeadow Drive, Dallas, TX, 75218

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,894 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$316.74 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

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, Dryer, Gas Range, Microwave, Refrigerator
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size8,616 sqft

Building Information

Year Built1965
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000764503000000
Lot Number27
SubdivisionLochwood Meadows
Land UseResidential
Legal DescriptionLOCHWOOD MEADOWS REV LOT 27 RIDGEMEADOW DR INT201600199502 DD07202016 CO-DC 7691 009 02700 3007691 009
Census Tract012801
Assessed Land Value$150,000
Assessed Improvement Value$342,990
Assessment Year2025

About this property

Beautifully updated single-story home in Lochwood Meadows offering the perfect blend of classic charm and modern improvements. This 3 bedroom, 2.5 bath home features energy efficient windows, a fully renovated primary bathroom, and an upgraded electrical panel that has been thoughtfully relocated for improved functionality. The entire home showcases a designer selected custom color palette, creating a warm, cohesive, and elevated feel throughout. The spacious layout includes multiple living and dining areas, ideal for both everyday living and entertaining. The kitchen offers abundant cabinetry, granite countertops, and flows seamlessly into the main living spaces. A cozy fireplace anchors the family room, while large windows bring in natural light and views of the private backyard. Step outside to a covered back patio where the ceiling has been opened to add volume and architectural interest, creating an inviting space to relax or entertain. The backyard is enhanced by a recently replaced and upgraded wood fence and features a unique outdoor shower, perfect for cooling off, rinsing off after outdoor activities, or adding a spa like touch to your daily routine. Additional improvements include front yard drainage enhancements for added peace of mind. Situated on a beautifully landscaped interior lot with mature trees and rear entry garage, this home is conveniently located near White Rock Lake, parks, dining, and shopping. A rare opportunity to own a thoughtfully updated home in an established East Dallas neighborhood. Buyer will need to purchase a new survey.

Investor Tools

Property Icon
$651,000
Estimated Property Value
$280,992Estimated Mortgage Balance
$370,008Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,906 /month
Positive
Cash Flow Estimate:
$1,302 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$928/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,881
$492,990
2025
$150,000
$342,990
$492,990
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,881
$492,990

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Conventional
$315,000
No
First
Oct 16, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$280,992
$370,008
56%
43%
$1,889/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$1,889/mo
+$191/mo
3.8%

Learn About the Market: Opportunity in Dallas

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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10946 Ridgemeadow Drive | Property Details | No Agent List