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$650,000

5629 Ledgestone Dr, Dallas, TX, 75214

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,117 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$307.04 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

BankruptcyAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Gas Oven, Microwave

Exterior

Lot Size9,329 sqft

Building Information

Year Built1964
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00000394804000000
Lot Number5
SubdivisionAndover Meadows
Land UseResidential
Legal DescriptionANDOVER MEADOWS BLK 6/5411 LT 5 CO-DC 5411 006 00500 1005411 006
Census Tract007903
Assessed Land Value$466,450
Assessed Improvement Value$283,110
Assessment Year2025

About this property

East Dallas opportunity in a well-established neighborhood! This single-story 4-bedroom, 2.5-bath home is ideally situated near White Rock Lake, the Dallas Arboretum, NorthPark Center, Highland Park, Lakewood, and an array of shopping and dining options. Mature trees frame the property, providing shade, seasonal color, and a peaceful neighborhood setting. With its desirable location and convenient access to major roadways, this home offers easy access to Downtown Dallas, Dallas Love Field, and destinations throughout the metroplex. Southern Methodist University is also nearby, along with numerous dining, retail, and entertainment options. Recent updates include a new AC unit installed in 2025 and a new water heater in 2023. With four bedrooms, 2.5 baths, a single-story layout, and a location surrounded by some of East Dallas's most popular amenities, this property offers an excellent opportunity to make it your own. Short sale; buyer to verify all information, measurements, schools, and other property details.

Investor Tools

$238,534Estimated Mortgage Balance
$567,466Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,836 /month
Positive
Cash Flow Estimate:
$1,612 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$674/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,062
$749,560
2025
$466,450
$283,110
$749,560
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,062
$749,560

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Reverse Mortgage / Hecm
$450,000
No
First
Apr 3, 2009
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$238,534
$567,466
70%
30%
$1,900/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,210/mo
$1,900/mo
+$310/mo
3.3%

City: Dallas