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$930,000

5202 Ridgedale Ave, Dallas, TX, 75206

$1,001,272 ARV

Off Market

4 Beds

3 Bath

3,541 Sq Ft

Single Family Residence

$262.64 / sqft

Built in 1926

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Double Oven, Refrigerator, Tankless Water Heater

FlooringCarpet, Stone, Wood

Exterior

Lot Size7,250 sqft

Building Information

Year Built1926

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000204655000000

Lot Number1

SubdivisionGreenland Hills Hill Top Section

Land UseResidential

Legal DescriptionGREENLAND HILLS HILL TOP SECTION BLK S/2187 LT 1 RIDGEDALE AND HOMER INT202000090663 DD04012020 CO-DC 2187 00S 00100 1DA2187

Census Tract000300

Assessed Land Value$362,500

Assessed Improvement Value$690,030

Assessment Year2025

About this property

Classic M-Street Greenland Hills 1926 Tudor taken to studs and rebuilt for today's living. 4bedroom,3bath+office (downstairs guest),The spacious open kitchen provides plenty of counter space for preparation and entertaining. Separate pantry,soapstone countertops,stainless steel appliances.Beautiful hardwood floors throughout and spacious 9ft.ceilings.Separate Dining room as well as cozy breakfast nook.The large master suite-tucked in the back of the house, features a spa-like bath and 12x12 Walk-in closet, Convenient upstairs utility room. Peaceful covered deck, a 2car garage with electric gate, corner location and a great block.Walking distance to the Katy Trail or Greenville Ave. Great storage throughout.

Investor Tools

$1,313,000

Estimated Property Value

$782,000Estimated Mortgage Balance

$608,456Estimated Equity

40% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$1,001,272

Rent-to-Value Ratio: 0.72%

Rent Estimate

$7,878 /month

Positive

Cash Flow Estimate:

$2,626 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,120/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$18,872

$1,052,530

2025

$362,500

$690,030

$1,052,530

Tax History

Year

Tax Paid

Assessed Value

2024

$18,872

$1,052,530

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

City Bank

Conventional

$782,000

First

Mar 26, 2021

Apr 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$704,544

$608,456

46%

54%

$4,689/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,170/mo

$4,689/mo

$-1,519/mo

2.9%

Learn About the Market: Opportunity in Dallas

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