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$650,000

6505 Ridgemont Dr, Dallas, TX, 75214

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,693 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$383.93 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Refrigerator
FlooringCarpet, Hardwood, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesDog Run, Fire Pit, Rain Gutters
Lot Size9,753 sqft

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000395983000000
SubdivisionRidgewood Park
Land UseResidential
Legal DescriptionRIDGEWOOD PARK BLK 10/5424 LT 21 INT202300061563 DD03302023 CO-DC 5424 010 02100 1005424 010
Census Tract007902
Assessment Year2025

About this property

You won't want to leave this backyard! 500+ sqft deck, hot tub, fire pit, dog run, turfed with putting green and recently trimmed mature trees. Inside the home is welcoming and cozy - classic wood burning fireplace anchors the family room and the original charm of the home blends with contemporary updates throughout. The upgraded kitchen features a gas range, quartz countertops, new backsplash, cabinets, sink, and dishwasher. Both bathrooms have been remodeled. In addition to three generously sized bedrooms, there is a bonus room upstairs that makes for a secondary living area, playroom, or study. Unique to Dallas, the front yard is enclosed by a picturesque white picket fence which greatly adds to the curb appeal and space to play. Other improvements include new Jeld-Wen windows, plantation shutters, electrical panel, smart Wi-Fi controlled irrigation, and majority of interior and exterior doors were replaced. There is so much to love about this Ridgewood Park home!

Investor Tools

Property Icon
$697,000
Estimated Property Value
$0Estimated Mortgage Balance
$697,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,182 /month
Positive
Cash Flow Estimate:
$1,394 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,473/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,192
$647,560
2025
N/A
N/A
$647,560
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,192
$647,560

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$697,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,210/mo
N/A
+$2,210/mo
3.8%

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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6505 Ridgemont Dr | Property Details | No Agent List