Lake Ridge Estates in Dallas TX | Local Real Estate Guide
Lake Ridge Estates At A Glance
Architectural Style: Ranch | Traditional | Contemporary | Mid Century
Lake Ridge Estates Homes For Sale
Learn about Lake Ridge Estates real market trends and find homes for sale. Search for new homes, open houses, recently sold homes, home sellers and reduced price real estate in Lake Ridge Estates.
Lake Ridge Estates Real Estate Statistics & Trends
The median sales price is the middle price of all the real estate sales prices in Lake Ridge Estates. The median sales price is the price at which half of the properties sold for more and half sold for less. See how the median sales price in Lake Ridge Estates is trending the last 3 years and how it trends with the average 30 year fixed mortgage interest rate by month.
Is Lake Ridge Estates in a buyer's market or a seller's market?
Living In Lake Ridge Estates
Located in the heart of the Lake Highlands neighborhood, just 11 miles northeast of downtown Dallas, Lake Ridge Estates stands as a testament to timeless charm and community allure. Established in 1955, this distinguished subdivision showcases a blend of traditional and ranch-style single-family homes. The neighborhood's character evolves with larger homes leaning towards contemporary and modern designs.
Bounded by Walnut Hill to the north, Audelia Rd to the west, Ferndale Rd to the east, and Ridgeview Rd to the south, Lake Ridge Estates thrives in the 75238 zip code. Its population, approximately 1,881 residents, resides in 804 homes, with a notable majority being owner-occupied.
The housing landscape of Lake Ridge Estates is diverse, with 69% of homes featuring 3 bedrooms and 2 bathrooms, 27% boasting 4-5 bedrooms, and 27 homes presenting 2 bedrooms. The average square footage stands at a comfortable 2,119 square feet. Richardson Independent School District oversees the educational needs of the community, with Lake Highlands Elementary, Lake Highlands Junior High School, and Lake Highlands High School providing quality learning environments.
The neighborhood's appeal extends beyond the school boundaries. Residents relish the walkable surroundings and the shade of mature trees that have witnessed the neighborhood's growth over the years. Transportation is a breeze, with convenient access to Northwest Hwy, Plano Rd, and Interstate 635. Additionally, the nearby DART Light rail station at White Rock Station connects residents to various parts of Dallas, offering an affordable and efficient commuting option.
Recreational opportunities abound in Lake Ridge Estates, with White Rock Lake, White Rock Creek, Flag Pole Hill, Flag Pole Hill Trail, Norbuck Park, and Lake Highlands Rec Center providing spaces for outdoor activities. Shopping is a delight, whether exploring the offerings at Lake Ridge Shopping Center with eateries like Cedar and Vine, Shady's Burgers, The Taco Joint, and Andy's Custard or enjoying the diverse options at Lake Highlands Town Center, including Fish City Grill, Taco Diner, Mi Cocina, and the popular Sprouts grocery store. Lake Ridge Estates embodies a harmonious blend of suburban tranquility and urban convenience, making it an ideal haven for those seeking a distinctive and well-connected community in Dallas.
Public Schools In Lake Ridge Estates
The school district for Lake Ridge Estates is Richardson ISD.
Elementary School
Junior High School
Lake Ridge Estates Frequently Asked Questions
- How much do homes sell for in Lake Ridge Estates?
- The median sales price for Lake Ridge Estates for the most current month is $520,000.
- Is the real estate market in Lake Ridge Estates a buyer's market or seller's market?
- Although the bidding wars of the past couple of years have subsided Lake Ridge Estates is currently in a seller's market.
- How much did the most expensive Lake Ridge Estates home sell for?
- The most expensive Lake Ridge Estates home in Dallas TX sold 1/14/2022 for $1,275,000. This home has 5 bedrooms, 5 1/2 bathrooms and has 4,230 SF.
- How many homes sold in Lake Ridge Estates, Dallas this month?
- There was 1 home that sold in Lake Ridge Estates this month. We keep track of the real estate statistics and trends and analyze the market every month. To stay updated on this click here.
- How fast do homes sell in Lake Ridge Estates, Dallas?
- Homes in Lake Ridge Estates have slowed down. Currently homes sell in 7 days.
- What architectural style is most prevalent in Lake Ridge Estates?
- The most prevalent architectural style of home in Lake Ridge Estates are Ranch, Traditional, Contemporary, and Mid Century Modern.