B+

NoAgentList RatingHow are grades calculated?

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Owner Contacts

$921,850

NAL Estimated Property Value

11424 Cherry Ridge Court, Dallas, TX, 75229

Off Market

4 Beds

3 Bath

2,602 Sq Ft

Single Family Residence

$228.67 / sqft

Built in 1958

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal

FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesOther, Storage

Lot Size21,324 sqft

Building Information

Year Built1958

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000594715000000

Lot Number8

SubdivisionPark Forest 1st Inst

Land UseResidential

Legal DescriptionPARK FOREST 1ST INST BLK 2/6442 LT 8 INT202100173199 DD06072021 CO-DC 6442 002 00800 1006442 002

Census Tract009607

Assessed Land Value$450,000

Assessed Improvement Value$471,850

Assessment Year2025

About this property

Beautiful Ranch style home locate on a quiet cul-de-sac lot. This home sits on oversized lot that is almost .50 acre, with mature trees. The home has so much to offer and pride of ownership is apparent. Offering 4 bedrooms, 3 baths, oversized living areas. The backyard is amazing oasis offering lush landscaping, extended patios, a fire-pit, greenhouse, a chicken coop, and additional parking that will accommodate a large travel trailer. Close to shopping, downtown Dallas, great access to both Love Field and DFW, convenient to most major highways 635,35,190, and the Tollway.

Investor Tools

$921,850

Estimated Property Value

$489,364Estimated Mortgage Balance

$432,486Estimated Equity

46% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$5,531 /month

Positive

Cash Flow Estimate:

$1,844 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,837/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$17,433

$921,850

2025

$450,000

$471,850

$921,850

Tax History

Year

Tax Paid

Assessed Value

2024

$17,433

$921,850

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Highlands Residential Mortgage Ltd

Conventional

$540,000

First

Jun 7, 2021

Jul 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$489,364

$432,486

46%

53%

$3,238/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,572/mo

$3,238/mo

$-666/mo

3.3%

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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