16view

Owner Contacts

$253,900

NAL Estimated Property Value

4211 Summitt Ridge Dr, Dallas, TX, 75216

Off Market

3 Beds

2 Bath

1,852 Sq Ft

$121.49 / sqft

Built in 1954

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Microwave

FlooringCarpet, Laminate

Exterior

Lot Size8,763 sqft

Building Information

Year Built1954

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000480190000000

Lot Number24

SubdivisionEight Section Glenview Addition

Land UseResidential

Legal DescriptionMARSALIS PARK REV BLK G/6003 LT 24 INT202400063774 DD03282024 CO-DC 6003 00G 02400 2DA6003 00G

Census Tract005902

Assessed Land Value$70,000

Assessed Improvement Value$183,900

Assessment Year2025

About this property

Welcome to your next project! This fixer-upper boasts solid bones and underwent significant updates in 2018, setting the stage for a dazzling transformation. Step inside to discover newly renovated bathrooms, adding a touch of modern elegance to this classic home. The kitchen features granite countertops, perfect for culinary creations and gatherings. Enjoy comfort year-round with a recently installed AC unit ensuring pleasant temperatures, while a fresh water heater promises convenience for daily living. With these essentials already in place, this home simply awaits your personal touch and some tender loving care to unlock its full potential. Embrace the opportunity to restore this property to its former glory and make it shine once again. Sold AS IS

Investor Tools

$253,900

Estimated Property Value

$203,666Estimated Mortgage Balance

$50,234Estimated Equity

19% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,523 /month

Positive

Cash Flow Estimate:

$508 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$646/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,485

$253,900

2025

$70,000

$183,900

$253,900

Tax History

Year

Tax Paid

Assessed Value

2024

$6,485

$253,900

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Conventional

$211,945

First

Mar 28, 2024

Apr 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$203,666

$50,234

19%

80%

$1,271/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$1,271/mo

+$701/mo

9.3%

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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