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$1,995,000

3932 Cortez Drive, Dallas, TX, 75220

$2,027,503 ARVInfo
On MarketInfo
Just AddedInfo
Beds6 Beds
Baths7 Bath
Baths5,836 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$341.84 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 5Bathrooms Full 5
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Microwave, Vented Exhaust Fan
FlooringHardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size10,620 sqft

Building Information

Year Built2023
Stories2
Roof Type105
Garage Spaces3

Land Information

APN00000529513000000
Lot Number5
SubdivisionRidgecrest Village
Land UseResidential
Legal DescriptionRIDGECREST VILLAGE BLK I/6175 LOT 5 INT202200323597 DD12272022 CO-DC 6175 00I 00500 1006175 00I
Census Tract009402
Assessed Land Value$450,000
Assessed Improvement Value$1,450,000
Assessment Year2025

About this property

You Found It! Welcome Home! Step into the grand entry and be captivated by the smart floor plan that flows through the house. This stunning new construction home by BPVHOMES features 12-foot ceilings, creating an airy atmosphere. The family room, with a fireplace and cathedral ceilings, is perfect for relaxation and entertaining. The chef's kitchen boasts an oversized island, Jenn Air appliances, and soft-close cabinets, ideal for family meals and gatherings. The main level includes a luxurious owner’s suite, a home office, a guest room with an en-suite bathroom, a mudroom, and a half bath. Upstairs, a game room with a wet bar, a media room, and three additional bedrooms with en-suite bathrooms offer entertainment and comfort. Step out onto the balcony to enjoy serene views. This energy-efficient home with Brazilian white oak floors offers elegance and modern living.

Investor Tools

$1,441,909Estimated Mortgage Balance
$533,091Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$2,027,503
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,970 /month
Positive
Cash Flow Estimate:
$3,990 /month

Interested in this property?

Yulia Burt

VIP Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,349/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$42,308
$1,900,000
2025
$450,000
$1,450,000
$1,900,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$42,308
$1,900,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Corevest American Finance Lender Llc
Commercial
$1,470,000
No
First
May 20, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,441,909
$533,091
26%
73%
$8,814/mo

City: Dallas

3932 Cortez Drive | Property Details | No Agent List