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$243,000

4009 Summitt Ridge Dr, Dallas, TX, 75216

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,416 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$176.48 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Cooktop, Vented Exhaust Fan
FlooringCarpet, Laminate

Exterior

Lot Size7,564 sqft

Building Information

Year Built1954
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000480232000000
Lot Number38
SubdivisionMarsalis Park Rev
Land UseResidential
Legal DescriptionMARSALIS PARK REV BLK G/6003 LT 38 INT202500140656 DD07032025 CO-DC 6003 00G 03800 2DA6003 00G
Census Tract005902
Assessed Land Value$70,000
Assessed Improvement Value$166,490
Assessment Year2025

About this property

completely remodel 3 bedrooms 2 bath. This property offers a one garage plus spacious covered carport and a long driveway for extra parking during those special occasions. As you come into the home you will find the living area to your right leading to the dining area and kitchen. This semi-open concept floor plan has plenty of natural light with all new windows throughout the house, new flooring, new carpet, light fixtures, ceiling fan, quartz in kitchen and bathrooms, bathrooms completely remodeled as well very modern. Other improvements include brand new roof, exterior and interior paint, new kitchen cabinet to mention a few. Not to forget back porch for backyard gatherings. Don't take my word for it come see for yourself. All information and measurements are reliable but not warranty. Buyer and buyer agent must do their own due diligence

Investor Tools

Property Icon
$243,000
Estimated Property Value
$245,000Estimated Mortgage Balance
$0Estimated Equity
-1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,499 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$542/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,286
$236,490
2025
$70,000
$166,490
$236,490
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,286
$236,490

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Va
$245,000
Yes
First
Dec 1, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$243,224
N/A
0%
100%
$1,469/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,469/mo
+$503/mo
9.7%

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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4009 Summitt Ridge Dr | Property Details | No Agent List