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$599,000

11034 Ridgemeadow Dr, Dallas, TX, 75218

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,234 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$268.13 / sqft
Year BuiltBuilt in 1964

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, Disposal, Gas Cooktop, Gas Oven, Gas Water Heater
FlooringCarpet, Concrete, Laminate

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size8,864 sqft

Building Information

Year Built1964
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000764524000000
Lot Number34
SubdivisionLochwood Meadows
Land UseResidential
Legal DescriptionLOCHWOOD MEADOWS REV BLOCK 9/7691 LOT 34 VOL2001011/1745 DD01122001 CO-DC 7691 009 034 3007691 009
Census Tract012801
Assessed Land Value$150,000
Assessed Improvement Value$430,730
Assessment Year2025

About this property

First time on the market in the highly desirable Lochwood Meadows neighborhood! Ideally located just minutes from White Rock Lake, the Dallas Arboretum, and an array of local dining and shopping destinations, this classic 3-bedroom, 2-bathroom home presents an incredible opportunity in a location you’ll love. Cherished since 1964, this home combines solid construction with an unbeatable blueprint for its next chapter. Positioned on a pier-and-beam foundation, the property provides a wonderful starting point for anyone looking to bring their unique design vision to life. The spacious family room, anchored by a large brick fireplace, brings warmth and character to the main living space. The kitchen and bathrooms retain their original charm, presenting a blank canvas to reimagine them to your personal style. Completing the floor plan is an expansive light-filled sunroom offering endless possibilities for future enhancements. Residents also enjoy access to Lochwood Park with tennis and pickleball courts, a playground, basketball court and scenic walking trails. Whether you choose to move in and update over time or bring your full vision to life from day one, this home is ready for its next owner. Don’t miss your chance to secure an exceptional property in one of Dallas’ most sought-after neighborhoods!

Investor Tools

Property Icon
$713,000
Estimated Property Value
$364,500Estimated Mortgage Balance
$480,619Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,278 /month
Positive
Cash Flow Estimate:
$1,426 /month

Interested in this property?

Cindy Tucker

Coldwell Banker Apex, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$555/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,100
$580,730
2025
$150,000
$430,730
$580,730
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,100
$580,730

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Colonial National Mortgage
Reverse Mortgage / Hecm
$364,500
No
First
Apr 28, 2011
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$232,381
$480,619
67%
33%
$2,186/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$2,186/mo
$-106/mo
3.5%

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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