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$1,890,100

NAL Estimated Property Value

7007 Elmridge Drive, Dallas, TX, 75240

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,681 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$331.13 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Double Oven, Gas Cooktop, Gas Oven, Gas Range, Plumbed For Ice Maker, Vented Exhaust Fan, Tankless Water Heater
FlooringCeramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size40,820 sqft

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000731992000000
Lot Number44
SubdivisionNorthwood Hills No 1
Land UseResidential
Legal DescriptionNORTHWOOD HILLS NO 1 BLK G/7424 LT 44 INT20210029894 DD01282021 CO-DC 7424 00G 04400 3007424 00G
Census Tract013610
Assessed Land Value$750,000
Assessed Improvement Value$1,140,100
Assessment Year2025

About this property

Spectacular, sprawling ranch nestled on a nearly 1 acre heavily-treed creek lot offering privacy and tranquility in Dallas’ highly desirable Northwood Hills. This 4 bed, 4 bath estate rests within the peace and quiet of the surrounding nature, mirroring the elegance of the interior decor. Step inside to find outstanding features that include floor to ceiling windows, herringbone hardwoods, 3 fireplaces, custom cabinets and built-ins and many thoughtful design elements throughout. True commercial grade chef’s kitchen complete with a Miele built-in coffee machine. Lush grounds and split level spaces await you in the backyard along with a pool and spa, multiple living and dining areas and gardener's greenhouse.

Investor Tools

Property Icon
$1,890,100
Estimated Property Value
$650,618Estimated Mortgage Balance
$1,239,482Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,341 /month
Positive
Cash Flow Estimate:
$3,780 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,970/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$26,187
$1,890,100
2025
$750,000
$1,140,100
$1,890,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$26,187
$1,890,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$725,000
No
First
Jan 28, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$650,618
$1,239,482
65%
34%
$4,347/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$4,647/mo
$-2,075/mo
1.6%

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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7007 Elmridge Drive | Property Details | No Agent List