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Owner Contacts

$214,000

NAL Estimated Property Value

6503 Ridgecrest Road 115-O, Dallas, TX, 75231

Off Market

1 Beds

2 Bath

1,040 Sq Ft

Condos / Townhouses

$96.06 / sqft

Built in 1980

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker

FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters

Lot Size22,725 sqft

Building Information

Year Built1980

Stories2

Roof Type105

Land Information

APN00000368233300000

Lot Number4-5

SubdivisionRidge Condos

Land UseResidential

Legal DescriptionRIDGE CONDOS BLK 5/5217 LTS 4 & 5 BLDG B UNIT 111-K 0.05652% CE VOL2000012/9044 DD01142000 CO-DC 5217 005 004 3005217 005

Census Tract007832

Assessed Land Value$19,270

Assessed Improvement Value$126,180

Assessment Year2025

About this property

The Updated Living, Dining, Kitchen with SS appliances and Master are all up and offer the Perfect space for entertaining with vaulted ceilings, crown molding, skylight, beautiful wood burning fireplace and lots of windows that add warmth and charm to this bright and open floorplan. The Large master, kitchen with SS appliances and washer and dryer space along with the dining are up ! The first floor Study with large closet and half bath is open to the patio and could also be used for a 2nd bedroom or guest suite! With TWO covered parking spaces, one available guest space and gated entrance, this one is an amazing find! Close to Northpark, Half Price Books, Whole Foods and Central Market, this one has it all!

Investor Tools

$214,000

Estimated Property Value

$0Estimated Mortgage Balance

$214,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,284 /month

Positive

Cash Flow Estimate:

$428 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$333/month

$180/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,932

$145,450

2025

$19,270

$126,180

$145,450

Tax History

Year

Tax Paid

Assessed Value

2024

$2,932

$145,450

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$214,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,565/mo

$180/mo

+$1,385/mo

8.8%

Learn About the Market: Opportunity in Dallas

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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.

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