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$246,000

2421 Oakridge Dr, Balch Springs, TX, 75180

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,223 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$122.65 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher

Exterior

Lot Size20,551 sqft

Building Information

Year Built1948
Stories1
Roof Type105

Land Information

APN12040500000070200
Lot Number7
SubdivisionLake June
Land UseResidential
Legal DescriptionLAKE JUNE ESTATES PT LT 7 ACS 0.4718 INT202300147438 DD07252023 CO-DC 0405000000702 1CB04050000
Census Tract017201
Assessed Land Value$102,760
Assessed Improvement Value$140,920
Assessment Year2025

About this property

This property only to be sold as a package deal along with 2425 Oakridge Dr. 2416 Oakridge Dr. 2417 Oakridge Dr.

Investor Tools

Property Icon
$246,000
Estimated Property Value
$1,180,000Estimated Mortgage Balance
$0Estimated Equity
-380% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,476 /month
Positive
Cash Flow Estimate:
$492 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$514/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,935
$243,680
2025
$102,760
$140,920
$243,680
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,935
$243,680

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Stanley G Farmer
Unknown
$1,180,000
No
First
Jul 25, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,118,899
N/A
0%
455%
$7,075/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$7,075/mo
$-5,103/mo
9.6%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Balch Springs

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2421 Oakridge Dr | Property Details | No Agent List