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Owner Contacts

$150,000

NAL Estimated Property Value

3659 Parkridge Drive 111, Dallas, TX, 75234

$167,160 ARV

Off Market

2 Beds

2 Bath

1,082 Sq Ft

Condos / Townhouses

$137.71 / sqft

Built in 1982

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Heating Central

Cooling

AppliancesDishwasher, Electric Range

FlooringCeramic Tile, Vinyl

Exterior

Lot Size7.53 acres

Building Information

Year Built1982

Stories2

Roof Type105

Land Information

APN00C07700000D00111

Lot Number6

SubdivisionThe Burgundy Condominiums

Land UseResidential

Legal DescriptionTHE BURGUNDY CONDOMINIUMS BLK F/6616 LOT 6 BLDG D UNIT 111 CE 0.6418855% INT202200014063 DD12302021 CO-DC 6616 00F 00600

Census Tract009605

Assessed Land Value$25,260

Assessed Improvement Value$115,400

Assessment Year2025

About this property

Great Townhome in an amazing location! Easy access to 635, Dallas North, I-35 and 75. Perfect for a 1st time homebuyer or for an investor. This 2 story brick property features fully remodeled 2 Bedrooms, 1.5 Baths & a fenced enclosed patio. The kitchen has granite countertops & stainless steel appliances. Open floor plan, with living and dining on the ground floor, & bedrooms on the upper floor. HOA provides exterior maintenance, exterior insurance, water, sewer, trash. Prime location near major highway, Brookhaven College and public transportation. Located in The Burgandy community that offers 2 pools, a playground, assigned parking spot & guest parking. 2 new AC units & washer, dryer hook up. Don't miss out!

Investor Tools

$150,000

Estimated Property Value

$99,684Estimated Mortgage Balance

$50,316Estimated Equity

33% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$167,159

Rent-to-Value Ratio: 0.72%

Rent Estimate

$900 /month

Positive

Cash Flow Estimate:

$300 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$345/month

$241/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,386

$140,660

2025

$25,260

$115,400

$140,660

Tax History

Year

Tax Paid

Assessed Value

2024

$3,386

$140,660

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Amplify Cu

Conventional

$108,750

First

Dec 30, 2021

Jan 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$99,684

$50,316

33%

66%

$653/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,580/mo

$894/mo

+$686/mo

12.6%

Learn About the Market: Opportunity in Dallas

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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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