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$346,000

NAL Estimated Property Value

1823 Ridgebrook Drive, Arlington, TX, 76015

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,898 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$184.4 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Vented Exhaust Fan, Washer
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size5,040 sqft

Building Information

Year Built1979
Stories1
Garage Spaces2

Land Information

APN25400-1-23
Lot Number23
SubdivisionMeadow Creek Addition-Arlngton
Land UseResidential
Legal DescriptionMEADOW CREEK ADDITION-ARLNGTON BLOCK 1 LOT 23
Census Tract111553
Assessed Land Value$40,320
Assessed Improvement Value$234,680
Assessment Year2025

About this property

Located in a highly desirable, established neighborhood, this charming brick home is surrounded by mature trees and timeless character. Inside, you’ll find real hardwood flooring, tile, and carpet throughout, along with a beautifully updated kitchen featuring granite countertops, abundant cabinetry, bright lighting, stainless steel refrigerator, built-in microwave, and stylish tile flooring. The main living area is filled with natural light thanks to skylights and accented with warm wood beams. A cozy wood-burning fireplace also adaptable for propane adds comfort on winter days. The home has been exceptionally well maintained, reflecting the pride of ownership. The spacious primary bedroom includes a large walk-in closet and a full ensuite bath with an updated separate shower. Additional bedrooms offer generous closet space and ceiling fans. Major upgrades include a durable metal terracotta-style roof with a 50-year warranty and newer windows. A standout feature is the gorgeous covered patio, complete with large windows and lovely tile flooring perfect for relaxing or hosting gatherings year round. The property also includes a two-car garage and a seperate utility room with a washer and dryer. Situated close to schools, restaurants, shopping, DFW Airport, museums, and countless activities, this home offers both convenience and charm in an unbeatable location.

Investor Tools

Property Icon
$346,000
Estimated Property Value
$41,781Estimated Mortgage Balance
$304,219Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$216/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$857
$275,000
2025
$40,320
$234,680
$275,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$857
$275,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Coldwell Banker Mortgage
Conventional
$70,000
No
First
Dec 14, 2009
Jan 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$41,781
$304,219
87%
12%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
N/A
+$2,090/mo
7.2%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Arlington

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1823 Ridgebrook Drive | Property Details | No Agent List