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Days781Days on Market
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$1,375,000

3872 Cortez Dr, Dallas, TX, 75220

$1,498,191 ARVInfo
On MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,139 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$332.21 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Gas Range, Microwave, Tankless Water Heater, Vented Exhaust Fan, Washer, Wine Cooler
FlooringTile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size7,875 sqft

Building Information

Year Built2023
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00000529300000000
Lot Number15
SubdivisionRidgecrest Village
Land UseResidential
Legal DescriptionRIDGECREST VILLAGE BLK F/6175 LOT 15 INT202400198228 DD09302024 CO-DC 6175 00F 01500 1006175 00F
Census Tract009401
Assessed Land Value$380,000
Assessed Improvement Value$725,000
Assessment Year2025

About this property

In the heart of Midway Hollow, this newly constructed residence seamlessly blends timeless design with extensive custom upgrades completed after construction. Offering 4 bedrooms, 3.5 bathrooms, two dedicated home offices, and an exceptional floor plan, the home is designed for both everyday living and effortless entertaining. Soaring ceilings and walls of windows fill the open-concept living spaces with natural light, while the downstairs primary suite provides a private retreat with vaulted ceilings, a spa-inspired bathroom, and an oversized walk-in closet. Since completion, the home has been thoughtfully enhanced with an impressive collection of designer upgrades, including custom floor-to-ceiling wainscoting, a striking Venetian plaster fireplace feature wall, luxury Visual Comfort lighting throughout, custom designer draperies, motorized window shades, new blinds, updated stair spindles, built-in media room surround sound speakers with audio and video wiring, and a freshly repainted office. The exterior was also professionally repainted, creating exceptional curb appeal that matches the home's elevated interior. The chef's kitchen is appointed with premium JennAir appliances, soft-close cabinetry, and an oversized island overlooking the expansive living and dining areas. A covered patio with gas plumbing for an outdoor grill extends the living space outdoors, creating the perfect setting for entertaining or relaxing year-round. Located in one of Dallas' most desirable neighborhoods, this home offers unparalleled convenience just minutes from Central Market, Dallas Love Field, NorthPark Center, Preston Center, and the vibrant Lovers Lane and Inwood Village corridors, placing some of the city's best shopping, dining, and entertainment just moments from your doorstep. Combining luxury finishes, an unbeatable location, and over $75,000 in thoughtful post-construction improvements, this move-in-ready Midway Hollow home is truly one of a kind.

Investor Tools

Property Icon
$1,301,000
Estimated Property Value
$766,550Estimated Mortgage Balance
$285,715Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,498,191
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,250 /month
Positive
Cash Flow Estimate:
$2,750 /month

Interested in this property?

Aaron Shockey

Serhant Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,099/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,685
$1,105,000
2025
$380,000
$725,000
$1,105,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,685
$1,105,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$766,550
No
First
Sep 30, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,018,524
$270,476
20%
78%
$6,294/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$6,294/mo
$-3,722/mo
2.4%

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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