6830 Gateridge Drive
About This Property
Multiple living areas offer flexibility, including a formal dining room, two spacious living rooms, a private front sitting room, and a dedicated office with built-ins, perfect for working from home. The main living room is anchored by a striking double-sided stone fireplace, creating a warm and inviting focal point shared with the primary suite. Smart blinds in the living room and family room add both convenience and modern comfort.
The kitchen is both functional and inviting, featuring granite countertops, stainless steel appliances, abundant cabinet storage, and seamless flow to the surrounding living and dining spaces. The primary retreat showcases large windows overlooking the backyard, generous closet space, and an ensuite bathroom with extensive storage and a walk-in closet. Two secondary bedrooms are connected by a Jack-and-Jill bathroom, while an additional bedroom features its own private ensuite, ideal for guests.
Step outside to a backyard designed for true Texas living, complete with a covered patio, outdoor kitchen, sparkling pool, and a large grassy area for entertaining or play. An attached workshop provides space for hobbies or additional storage, offering flexibility rarely found in the neighborhood. A dedicated garden area with three 4' x 8' raised beds adds charm and functionality for those who enjoy outdoor living and gardening. With its generous sized lot and coveted Northwood Hills Estates location, this home offers a rare opportunity in one of North Dallas's most established and desirable neighborhoods.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 6, 2026 | Sold | ||
| Sold | |||
| Feb 19, 2026 | In contract | - | |
| In contract | |||
| Jan 29, 2026 | Listed by Keller Williams Dallas Midtown | $1,100,000 | |
| Listed by Keller Williams Dallas Midtown | |||
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About North Central Dallas
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017