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Owner Contacts

$1,475,000

5135 Ridgedale Ave, Dallas, TX, 75206

Off Market

4 Beds

5 Bath

4,083 Sq Ft

Single Family Residence

$361.25 / sqft

Built in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 4

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Cooktop, Double Oven, Plumbed For Ice Maker

FlooringWood

Exterior

Lot Size7,250 sqft

Building Information

Year Built2021

Stories2

Roof Type105

Garage Spaces2

Land Information

APN00000204997000000

Lot Number12

SubdivisionGreenland Hills Hill Top Section

Land UseResidential

Legal DescriptionGREENLAND HILLS HILL TOP SECTION BLK W/2191 LT 12 INT202400160707 DD08082024 CO-DC 2191 00W 01200 1002191 00W

Census Tract000300

Assessed Land Value$362,500

Assessed Improvement Value$1,012,500

Assessment Year2025

About this property

This house was 100% NEW construction from 2022. This Tudor style home is an absolute gem in the historic M-Streets with modern finishes & open layout. Property has 4 bedrooms + study + bonus room. Mother in Law suite with full bathroom and study downstairs. Master bedroom & 2 secondary bedrooms, bonus loft area and laundry room upstairs. Phenomenal kitchen with custom cabinetry up to the ceilings. Stainless Kitchen-Aid appliances, including double oven & refrigerator, quartz countertops & large pantry. Tons of storage upstairs and down. Solid white oak hardwood floors throughout most of the home. Detached two car garage. Anderson 100 Series windows and doors. Still room for a nice backyard with mature trees framing this lot. Great proximity to SMU, Uptown, Downtown, Knox-Henderson area.

Investor Tools

$1,431,000

Estimated Property Value

$1,075,000Estimated Mortgage Balance

$389,633Estimated Equity

25% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$8,850 /month

Positive

Cash Flow Estimate:

$2,950 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$3,390/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$33,525

$1,375,000

2025

$362,500

$1,012,500

$1,375,000

Tax History

Year

Tax Paid

Assessed Value

2024

$33,525

$1,375,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Crosscountry Mortgage Llc

Conventional

$1,075,000

First

Aug 8, 2024

Sep 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,041,367

$389,633

27%

73%

$6,446/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,170/mo

$6,446/mo

$-3,276/mo

2.7%

Learn About the Market: Opportunity in Dallas

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