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B+
NoAgentList RatingHow are grades calculated?Info

$672,677

NAL Estimated Property Value

7811 Clover Ridge Dr, Northlake, TX, 76247

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,564 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$234.01 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Convection Oven
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesCourtyard, Rain Gutters, Rain Barrel/Cistern(s)
Lot Size1 acre

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces3

Land Information

APNR283730
Lot Number2
SubdivisionNorth Ridge Estates Ph 1 & 2
Land UseResidential
Legal DescriptionNORTH RIDGE ESTATES PH 1 & 2 BLK 2 LOT 2
Census Tract020314
Assessed Land Value$130,680
Assessed Improvement Value$541,997
Assessment Year2025

About this property

OPEN TO A BACK UP OFFER! Beautifully well-maintained 3 bedroom 2 bath with a study on an ACRE lot in Northlake! Situated in a cul-de-sac, this gem features updates including wood floors, new HVAC and a new roof. The spacious island kitchen comes equipped with new appliances, a breakfast bar, plus plenty of cabinetry storage and counter prep space. The living room features 10-foot ceilings, an impressive custom built-in bookcase, and great natural light. The primary retreat offers separate access to the backyard and its own courtyard with a jacuzzi spa along with an ensuite bath with dual sinks, a relaxing garden tub, and shower. Two nearly identical secondary bedrooms split by a full bath. Large covered patio overlooks the acre lot with a fire pit, tons of mature trees, and a privacy fence. Attached 3 car garage with a workshop. 20x10 outbuilding on the slab. Located in Northwest ISD. Welcome home! Study could be a 4th bedroom.

Investor Tools

Property Icon
$672,677
Estimated Property Value
$460,273Estimated Mortgage Balance
$212,404Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,036 /month
Positive
Cash Flow Estimate:
$1,345 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,165/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,622
$672,677
2025
$130,680
$541,997
$672,677
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,622
$672,677

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$488,750
No
First
Mar 14, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$460,273
$212,404
31%
68%
$2,931/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,390/mo
$3,231/mo
$-841/mo
4.3%

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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7811 Clover Ridge Dr | Property Details | No Agent List