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$844,000

NAL Estimated Property Value

5125 Ridgedale Ave, Dallas, TX, 75206

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,375 Sq Ft
price_per_sqft$596.36 / sqft
Year BuiltBuilt in 1926

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Wine Cooler
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size7,250 sqft

Building Information

Year Built1926
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000205003000000
Lot Number14
SubdivisionGreenland Hills Hill Top Section
Land UseResidential
Legal DescriptionGREENLAND HILLS HILL TOP SECTION BLK W/2191 LT 14 INT201700329935 DD11172017 CO-DC 2191 00W 01400 1002191 00W
Census Tract000300
Assessed Land Value$308,130
Assessed Improvement Value$513,880
Assessment Year2025

About this property

Taken to the studs and completely rebuilt, this meticulously renovated Tudor offers the perfect blend of classic character and high-end modern upgrades. Located in the coveted M-Streets and zoned to Mockingbird Elementary, this 2-bedroom, 2 full bath spans 1,375sf plus an additional 200sf in the upstairs bonus room. Featuring all-new electrical, plumbing, insulation, HVAC, windows, foundation and roofing. Refinished original hardwood floors, custom cabinetry, and quartz and Carrera marble countertops. The gourmet kitchen boasts a brand-new gas range, smart refrigerator, built-in microwave, and floating island vent hood. This home features whole-home surge protection, USB-integrated outlets, dimmable LED lighting, pre-wired EV charging, 32 Cat-6 ethernet drops, a Nest thermostat, and Sonos sound system indoors and backyard. Upstairs bonus room is ideal as a home office, playroom, or gym, complete with a custom wet bar and beverage fridge. Outside, the oversized backyard is perfect for pets, activities, and get-togethers. This home truly offers the best of historic charm and modern convenience. Located less than a fourth of a mile from the Katy Trail and the Knox Henderson corridor, easy accessibility to SMU, Mockingbird Station, and Lower Greenville.

Investor Tools

Property Icon
$844,000
Estimated Property Value
$152,994Estimated Mortgage Balance
$691,006Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,064 /month
Positive
Cash Flow Estimate:
$1,688 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,198/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,162
$822,010
2025
$308,130
$513,880
$822,010
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,162
$822,010

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Encore Bank Na
Commercial
$160,000
No
First
Dec 13, 2023
Dec 2024

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$152,994
$691,006
81%
18%
$960/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,430/mo
$960/mo
+$1,470/mo
3.5%

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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5125 Ridgedale Ave | Property Details | No Agent List