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$980,000

NAL Estimated Property Value

5523 Ridgedale Avenue, Dallas, TX, 75206

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,856 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$528.02 / sqft
Year BuiltBuilt in 1926

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Ice Maker, Double Oven
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size7,250 sqft

Building Information

Year Built1926
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000203923000000
Lot Number23
SubdivisionGreenland Hills 1st Section
Land UseResidential
Legal DescriptionGREENLAND HILLS 1ST SECTION BLK G/2175 LT 23 INT202400034537 DD02202024 CO-DC 2175 00G 02300 1002175 00G
Census Tract000300
Assessed Land Value$507,500
Assessed Improvement Value$352,500
Assessment Year2025

About this property

Welcome to a home that perfectly captures the charm and lifestyle of Dallas’s beloved M-Streets. Nestled in the heart of Greenland Hills, this beautifully maintained Craftsman blends historic character, beautiful updates, and one of the most walkable locations in the city. Imagine slow mornings on the inviting front porch swing, coffee in hand, watching neighbors stroll beneath the shade of mature trees. Life here feels like a step back to a simpler time, where evening walks, bike rides, and friendly waves are part of everyday life. Original architectural details, warm wood floors, abundant windows, and plantation shutters throughout fill the home with natural light while preserving its classic Craftsman character. The updated primary bathroom features beautiful marble finishes, creating a timeless, spa-like feel. The charming kitchen offers a gas range and farmhouse sink, with French doors that frame views of the pool, bringing the outdoors in. Step outside to your private backyard oasis. The sparkling pool, spa, and inviting outdoor space are perfect for summer gatherings, relaxing weekends, or cooling off after a stroll through the neighborhood. The location is simply unbeatable, just minutes from the vibrant restaurants, coffee shops, and boutiques along Greenville Avenue, making it easy to enjoy the best of Dallas right outside your door. Plus, the home is zoned to highly sought-after Mockingbird Elementary, one of the many reasons this neighborhood is so cherished. Charming, walkable, and full of character, this Greenland Hills gem offers a lifestyle that’s as special as the home itself.

Investor Tools

Property Icon
$980,000
Estimated Property Value
$660,043Estimated Mortgage Balance
$319,957Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,880 /month
Positive
Cash Flow Estimate:
$1,960 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,495/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,036
$860,000
2025
$507,500
$352,500
$860,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,036
$860,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$688,000
No
First
Feb 20, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$660,043
$319,957
32%
67%
$4,125/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,430/mo
$4,125/mo
$-1,695/mo
3.0%

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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5523 Ridgedale Avenue | Property Details | No Agent List