Lake Ridge Estates Market Report May 31, 2015

Real Estate Agent with United Real Estate Dallas TREC# 0544069


Lake Ridge EstatesLake Ridge Estates, a popular Lake Highlands neighborhood, is bordered by Walnut Hill Lane on the north, McCree Road on the south,  Audelia Road on the west, and Ferndale Road on the east.  Homes built in the 1950s and 1960s are nestled among mature trees.  Families are often seen walking four legged family members, riding bikes or sitting outside enjoying the sounds of blue jays, mockingbirds, robins and cardinals.  Nearby White Rock Trail is a delightful place to ride your bike or enjoy a leisurely walk . 

Although Lake Ridge Estates is located in the City of Dallas, neighborhood schools are part of the Richardson Independent School District (RISD).  Many children walk to Lake Highlands Elementary School.

Neighbors are invited to join the Lake Ridge Estates North Neighborhood Association (LRENNA),  a voluntary homeowner’s association.  LRENNA was formed to help neighbors get to know one another. The Lake Highlands Area Early Childhood PTA (LHAECPTA) also welcomes new members and volunteers.

Walnut Hill Lane and Northwest Highway are good alternatives to the navigating the expressways during rush hour.  There is a DART Station approximately two miles away.

Lake Ride Estates Market Report May 31, 2015

There have been 8 sales in Lake Ridge Estates in the last 90 days.  The average sales price was $354,525 and the average price per square foot was $175 during this time frame.  Sold prices ranged from $299,000 to $535,000.  Average days on the market was 31, with one property that was under contract on day number three.

Current Active Listings

Active Listings     6

High List Price     $419,000

Low List Price      $309,000

Square Footage   1607-2142 square feet

All Active Listings have 3 bedrooms and 2 baths.


Active Option Contract      

There are currently 2 Active Option Contracts on homes in Lake Ridge Estates.


Please contact me for more information about this popular Northeast Dallas Neighborhood.


Posted by

 Sharon Parisi,  Realtor®

Helping Dallas area buyers and sellers meet their real estate needs


United Real Estate


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Captain Wayne - Rowlett Real Estate School
REcampus Fully Accredited Florida ONLINE & Classroom Training in Destin, Pensacola Florida - Panama City Beach, FL
Rowlett Real Estate School / Owner and Instructor

Great job on the market report.  I appreciate the information.  

Jul 01, 2015 10:37 AM #1
Sharon Parisi
United Real Estate Dallas - Dallas, TX
Dallas Homes

Captain Wayne - Rowlett Real Estate School Your compliment is appreciated!

Jul 02, 2015 02:32 PM #2
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Sharon Parisi

Dallas Homes
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