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$1,999,999

6929 Elmridge Dr, Dallas, TX, 75240

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,199 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$625.2 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Double Oven, Vented Exhaust Fan, Wine Cooler
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting
Lot Size32,995 sqft

Building Information

Year Built1961
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000731995000000
Lot Number45
SubdivisionNorthwood Hills No 1
Land UseResidential
Legal DescriptionNORTHWOOD HILLS NO 1 BLK G/7424 LT 45 INT202100073254 DD03102021 CO-DC 7424 00G 04500 3007424 00G
Census Tract013610
Assessed Land Value$700,000
Assessed Improvement Value$651,460
Assessment Year2025

About this property

Experience timeless character and exceptional living in this beautifully updated Northwood Hills home situated on an impressive .758-acre creek lot. Surrounded by mature trees and featuring a circular driveway, this stunning 4-bedroom, 3.5-bath residence offers a rare blend of warmth, architectural charm, and thoughtfully designed living spaces. Inside, abundant natural light and inviting finishes create a welcoming atmosphere throughout. The spacious floor plan includes a dedicated office, formal dining room, and a comfortable living area anchored by custom built-ins, a striking stone fireplace, and cathedral ceilings that add character and scale to the space. At the heart of the home, the kitchen serves as a central hub for cooking and connection, featuring an oversized island, breakfast nook, ample storage, and seamless connection to the surrounding living spaces. A generously sized laundry room adds convenience and functionality. The well-designed layout provides privacy and flexibility for family and guests alike. One secondary bedroom features its own ensuite bathroom, while two additional bedrooms share a Jack-and-Jill bath. Tucked away for privacy, the primary suite offers a relaxing retreat with an ensuite bath and two spacious walk-in closets. While the interior is beautiful, the backyard is what truly sets this property apart. The expansive outdoor space feels like a private retreat, complete with a sparkling pool and spa, mature shade trees, a turfed play area, and a large grassy yard with room to play, entertain, or simply relax. Multiple outdoor living spaces include a covered patio adjacent to the home as well as a separate covered area with a fireplace overlooking the pool and backyard, creating the perfect setting for gatherings throughout the year. Rarely does a property combine this much character, privacy, outdoor space, and functionality. This Northwood Hills home offers the space, warmth, and setting that make it truly special.

Investor Tools

$941,684Estimated Mortgage Balance
$409,776Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,000 /month
Positive
Cash Flow Estimate:
$4,000 /month

Interested in this property?

Racheal Potter

Keller Williams Dallas Midtown

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,379/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,786
$1,351,460
2025
$700,000
$651,460
$1,351,460
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,786
$1,351,460

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Colonial National Mortgage
Conventional
$768,000
No
First
Mar 10, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$941,684
$409,776
30%
70%
$6,218/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$6,218/mo
$-3,646/mo
2.3%

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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