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$728,000

NAL Estimated Property Value

7721 Clover Ridge Dr, Northlake, TX, 76247

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,757 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$255.71 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave
FlooringCeramic Tile, Wood, Vinyl

Exterior

Exterior FeaturesFire Pit, Rain Gutters, Private Yard
Lot Size1.24 acres

Building Information

Year Built2009
Stories1
Roof Type105
Garage Spaces3

Land Information

APNR283708
Lot Number2
SubdivisionNorth Ridge Estates Ph 1 & 2
Land UseResidential
Legal DescriptionNORTH RIDGE ESTATES PH 1 & 2 BLK 1 LOT 2
Census Tract020314
Assessed Land Value$138,521
Assessed Improvement Value$561,479
Assessment Year2025

About this property

Imagine living in this richly appointed immaculate haven and enjoy country style living at its finest in North Ridge Estates nestled on a 1.24 acre fully fenced lot with no back neighbor. Bring your family, pets and horse as this pet friendly community permits 1 horse per acre. The showstopping drive-up is breathtaking with a covered front porch, a stunning stone and brick elevation, a 3-car side entry garage with insulated doors, epoxy floors, full heat & AC + 220 power & extensive driveway with parking for trailers, boats & RVs. Enter this masterfully updated home & appreciate decorator tones & touches that reflect today’s popular favorites. Tucked off of the foyer find an elegant main dining room that also makes ideal flex living space. Beyond the foyer find a family room anchored by a brick fireplace & featuring windows with a view of the backyard private retreat. The island kitchen is a chef's delight with sleek black appliances, granite counters, double ovens, an abundance of cabinets & a walk-in pantry. Dine casually in the breakfast nook or at the breakfast bar. The owner’s retreat showcases a spa-like ensuite bath with a fully tiled oversized shower, 2 vanities, a jetted tub & a large walk-in closet. Bedrooms 2 & 3 share a Jack & Jill style bath and also feature walk-in closets. Bedroom 4, with wood floors & a closet makes a great nursery or office. At the back of the house discover a spectacular game-media room perfect for family game nights or movie nights. Enter the backyard area and find a 34x11 screened in patio area with a kitchenette with propane burner, a brick fireplace and a log storage niche overlooking the serene estate with firepit, extensive landscaping and a shaded treehouse in the middle of the large trees. In the back of the acreage find a 24x12 storage house with an overhead door for a riding mower, 4-wheeler, or golf cart. North Ridge Estates is conveniently located close to FM407 and I35W with easy access to Fort Worth and Denton.

Investor Tools

Property Icon
$728,000
Estimated Property Value
$117,500Estimated Mortgage Balance
$610,500Estimated Equity
83% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,368 /month
Positive
Cash Flow Estimate:
$1,456 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$639/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,025
$654,008
2025
$138,521
$561,479
$700,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,025
$654,008

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Conventional
$140,000
No
First
Jun 28, 2018
Jul 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$117,500
$610,500
83%
16%
$840/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,120/mo
$1,140/mo
+$1,980/mo
5.1%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Northlake

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7721 Clover Ridge Dr | Property Details | No Agent List