Last 24 Hours
$787,150
NAL Estimated Property Value6653 Ridgemont Drive, Dallas, TX, 75214
Off Market
2 Beds
2 Bath
1,637 Sq Ft
Single Family Residence
$274.89 / sqft
Built in 1954Property Lead Type:
Off-Market ListAbsentee OwnerHigh EquityMove-In Ready
Highlights
Interior
Bedrooms 2
Bathrooms Full 2
Indoor Fireplace
Garage Available
Heating Central
CoolingAppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker
FlooringWood
Exterior
Exterior FeaturesRain Gutters
Lot Size11,254 sqft
Building Information
Year Built1954
Stories1
Roof Type105
Garage Spaces2
Land Information
APN00000396052000000
Lot Number22
SubdivisionRidgewood Park 3
Land UseResidential
Legal DescriptionRIDGEWOOD PARK 3 BLK 11/5424 LOT 22 INT201900211820 DD08092019 CO-DC 5424 011 02200 1005424 011
Census Tract007902
Assessed Land Value$647,110
Assessed Improvement Value$140,040
Assessment Year2025
About this property
Beautifully renovated home on a large heavily treed CREEK lot! You'll love all the updated finishes (over $100K) like the hand scraped wood floors! The backyard includes a detached 2 car garage and THIRD BEDROOM GUEST SUITE including FULL BATH! The spacious living area is open to the updated kitchen, with stainless appliances, white cabinets, granite counters & a beautiful backsplash. The dining room has windows to the back on one side & a fireplace on the other! Master suite features barn doors to a gorgeous bath, dbl sinks, a huge shower, walk in closet & doors out to the deck! The 2nd bedroom is split from the master & has abundant closet space. Out back is a huge deck overlooking the creek lot!
Investor Tools
$787,150
Estimated Property Value
$355,821Estimated Mortgage Balance
$431,329Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,723 /month
Positive
Cash Flow Estimate:
$1,574 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,215/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,642
$787,150
2025
$647,110
$140,040
$787,150
No
Tax History
Year
Tax Paid
Assessed Value
2024
$10,642
$787,150
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$396,500
No
First
Jan 21, 2021
Feb 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$355,821
$431,329
54%
45%
$2,378/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,750/mo
$2,378/mo
$-628/mo
2.7%
12.4%