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$150,600

NAL Estimated Property Value

6122 Ridgecrest Rd Apt 1001, Dallas, TX, 75231

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,078 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$138.22 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Dryer, Washer

Exterior

Lot Size29,612 sqft

Building Information

Year Built1981
Stories1
Roof Type172
Garage Spaces2

Land Information

APN0029N810000101001
Lot Number2 & 3
SubdivisionRitz Condos
Land UseResidential
Legal DescriptionRITZ CONDOS BLK 9/5217 LT 2 & 3 UNIT 1001 CE 4.0786% INT202400207179 DD10112024 CO-DC 5217 009 002 30052170009
Census Tract007830
Assessed Land Value$30,200
Assessed Improvement Value$120,400
Assessment Year2025

About this property

Beautiful 2 bedroom 2 Bathroom condo in a secured building in the heart of Dallas. Extra large living room with spacious bedrooms. Updated kitchen with Granite and backsplash. In Unit stacked washer & dryer that conveys with the condo. Large closets in bedroom. Two balconies for fresh air or to sit outside. Minutes from US-75 for easy access to anywhere in DFW metroplex, 10 minutes drive to Dallas Downtown, 15 minute drive to Dallas Love field airport and 30 minute drive to DFW international airport. Walking distance to Park Lane mall, whole foods and other conveniences. 2 interior garage parking spots included with the unit. Buzzer at front door for visitors. Hallways carpet recently updated by HOA, New Electrical Panel. Well Managed HOA with Professional company. Condo also listed for rent privately. For the right offer, Seller is willing to pay for new carpet before closing. Principal of owning entity is the listing agent also.

Investor Tools

Property Icon
$150,600
Estimated Property Value
$0Estimated Mortgage Balance
$150,600Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$904 /month
Positive
Cash Flow Estimate:
$301 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$393/month
$378/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,961
$150,600
2025
$30,200
$120,400
$150,600
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,961
$150,600

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$150,600
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$378/mo
+$1,187/mo
12.5%

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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6122 Ridgecrest Rd Apt 1001 | Property Details | No Agent List