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$2,389,470

NAL Estimated Property Value

7009 Southridge Drive, Dallas, TX, 75214

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,783 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$728.55 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal
FlooringWood

Exterior

Exterior FeaturesElectric Grill
Lot Size17,162 sqft

Building Information

Year Built2024
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00000246961000000
Lot Number15
SubdivisionNorth Ridge
Land UseResidential
Legal DescriptionNORTH RIDGE ESTATES 4 BLK S/2984 LT 15 INT202400027403 DD02082024 CO-DC 2984 00S 01500 1002984 00S
Census Tract008000
Assessed Land Value$1,201,340
Assessed Improvement Value$1,188,130
Assessment Year2025

About this property

Fantastic property located in Northridge Estates, offering amazing, oversized lot and home. The home sits on .39 acres and over 17,000 square feet lot with mature trees. Located in the interior of the tree lined block and surrounded by updated and well cared for homes. This property offers the wonderful opportunity to either remodel the current home or tear down and build your dream home with plenty of room for a larger garage and pool if desired. The property is located less than .3 miles from Lakewood Park and .5 miles multiple trail heads on the lake and White Rock Trail. Lakewood elementary is .6 miles from the home. This is an estate property please contact the listing agent with any questions. Buyer and buyer’s agent to verify all information and measurements.

Investor Tools

Property Icon
$2,389,470
Estimated Property Value
$97,696Estimated Mortgage Balance
$2,291,774Estimated Equity
95% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,337 /month
Positive
Cash Flow Estimate:
$4,779 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,609/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$31,365
$2,389,470
2025
$1,201,340
$1,188,130
$2,389,470
No

Tax History

Year
Tax Paid
Assessed Value
2024
$31,365
$2,389,470

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Oakwood Bank
Credit Line (Revolving) / Heloc
$100,000
No
First
Apr 23, 2024
May 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$97,696
$2,291,774
95%
4%
$649/mo

Learn About the Market: Opportunity in Dallas

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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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7009 Southridge Drive | Property Details | No Agent List