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$1,308,229Estimated home value

Beds
4
Baths
5.0
sq ft
7,783

5656 Cedar Ridge Dr, Dallas, TX 75236

5656 Cedar Ridge Dr

Dallas, TX 75236

  • Off market
Discover Uncommon Grounds, a unique Dallas estate offering breathtaking views on over 10 enchanting acres. This home features a 2,000 sq ft primary bedroom with a marble steam shower, sauna, and freestanding tub. Equipped with top-of-the-line appliances, including a dual fuel Wolf stove and Euro Décor custom cabinets, this property embodies luxury living. This can also be an exclusive development prospect in Dallas that spans 10 acres and is zoned R10a, allowing a home on every 10,000 sq ft. With mature trees, rolling hills, a serene creek, and a detention pond, it offers an ideal canvas for a luxury residential enclave, multigenerational family compound, or a multi-home development project. The property currently boasts a 7,000+ sq ft home, a pool, a 1,900+ sq ft guest house, a container home, and a 900+ sq ft studio cabin, presenting diverse living options within this remarkable property.

Details

Property type

Single Family Residence

Est. home value

$1,308,229

Lot size

10.39 acres

Price per sq ft

$347

Year built

1984

Price History

09/25/2024
NTREIS

NTREIS #20704290

Removed
08/15/2024
NTREIS

NTREIS #20704290

Listed
$2,700,000
05/03/2024
NTREIS

NTREIS #20462975

Removed

Schools & Community

Neighborhood: 

Southwest Dallas

Elementary school: 

Bilhartz

Middle school: 

Kennemer

High school: 

Duncanville

School district: 

Duncanville ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,129,262
Asking price
$2,700,000
Closing costs (~8% of asking)
-$216,000
Est. remaining loan balance
-$1,354,738
Cash to seller
$1,129,262

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Lendsure Mortgage Corp

Loan start date

July 2023

Original loan amount

$1,365,000

Est. remaining balance

$1,354,738

Interest rate

6.39%

Loan type

New Conventional, 40 year

Seller

T Pad Enterprises Inc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Off Market

Tomo last checked: 11/08/2024 at 5:15 AM

Listing updated: 09/20/2024 at 11:09 AM

Listed by: Bryan Lipchitz, Rogers Healy and Associates Phone #: (214) 368-4663

MLS: NTREIS #20704290

NTREIS logo

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