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$399,900

3506 Ridge Elm Dr, Dallas, TX, 75227

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths3,506 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$114.06 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

BankruptcyAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Range, Disposal, Water Purifier
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesLighting, Private Yard
Lot Size6,225 sqft

Building Information

Year Built2007
Roof Type105
Garage Spaces2

Land Information

APN006781000A0020000
Lot Number2
SubdivisionPrairie Creek
Land UseResidential
Legal DescriptionPRAIRIE CREEK ESTATES 1 BLK A/6781 LT 2 INT201300025832 DD01252013 CO-DC 6781 00A 00200 4DA6781 00A
Census Tract012102
Assessed Land Value$60,000
Assessed Improvement Value$437,210
Assessment Year2026

About this property

Don't miss your chance to make this house your home. Schedule your private showing today before it's gone! - Why You’ll Love It: Move-In Ready: Clean, neutral palette ready for your personal touch. Functional Layout: Open concept living with plenty of room for everyone. Split Bedroom Design. Storage Galore: Ample closets and cabinet space throughout. Desirable Neighborhood: Close to schools, shopping, dining, and easy highway access. - From the moment you arrive: the fantastic curb appeal of this impressive two-story home welcomes you. With a classic brick and siding façade, a spacious two-car garage, and a sun-drenched exterior, this property offers the perfect blend of suburban charm and modern comfort. - A Chef’s Kitchen with Room to Gather: The heart of the home is undoubtedly the massive kitchen. Featuring an abundance of warm wood cabinetry, sleek dark countertops, and a stylish tile backsplash, this kitchen offers incredible storage and prep space. The large island with a built-in sink and breakfast bar is perfect for quick meals or chatting with guests while you cook. Plus, the adjacent casual dining area provides a cozy spot for morning coffee. - Retreat to the Upstairs Oasis: Head upstairs to discover a massive primary suite that serves as a true private retreat. The bedroom is incredibly spacious with plush carpeting and large windows for natural light. The attached en-suite bathroom is a spa-like escape, featuring a luxurious jetted soaking tub, a separate glass-enclosed shower, and a huge walk-in closet ready for your wardrobe. - Outdoor Living & Prime Location: Step outside to your private backyard, complete with a covered patio—the ideal spot for summer BBQs or simply relaxing in the shade while the kids and pets play in the yard. - This home has been well-maintained and is priced to sell. Homes with this much space and style don't stay on the market for long!

Investor Tools

$89,438Estimated Mortgage Balance
$425,562Estimated Equity
82% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,090 /month
Positive
Cash Flow Estimate:
$1,030 /month

Interested in this property?

Fengwu Chao

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$640/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,106
$497,210
2026
$60,000
$437,210
$497,210
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,106
$497,210

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Compass Bank
Commercial
$110,000
No
First
Oct 25, 2017
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$89,438
$425,562
82%
17%
$660/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$960/mo
+$1,612/mo
6.0%

City: Dallas

3506 Ridge Elm Dr | Property Details | No Agent List