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B+
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Days332Days on Market
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$395,000

2623 Garden Ridge Ln, Arlington, TX, 76006

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,879 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$137.2 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size5,075 sqft

Building Information

Year Built1992
Stories2
Garage Spaces2

Land Information

APN30364C--49
Lot Number49
SubdivisionOak Canyon
Land UseResidential
Legal DescriptionOAK CANYON LOT 49 & PART OF COMMON AREA
Census Tract113104
Assessed Land Value$60,000
Assessed Improvement Value$357,608
Assessment Year2025

About this property

Discover space, flexibility, and a desirable Arlington location at 2623 Garden Ridge Lane, a 4-bedroom, 3.5-bath home offering approximately 2,879 square feet. Built in 1992, this inviting residence combines generous room sizes, an open atmosphere, and versatile living areas. The main level features an easy-flowing layout connecting the living, dining, and kitchen spaces, creating an ideal setting for everyday comfort and entertaining. A working fireplace adds warmth and character, while abundant windows bring natural light into the interior. The kitchen features newly installed tile, ample workspace, and convenient storage for meal preparation and casual dining. Nearby, the updated powder bath also showcases new tile for a refreshed appearance. The downstairs primary suite provides sought-after main-level privacy and includes an ensuite bath with room for additional furnishings. Three secondary bedrooms and additional full baths offer flexible space for guests, hobbies, remote work, or other needs. Upstairs, the spacious loft creates valuable bonus space that can function as a media room, game room, second living area, study zone, or creative retreat. The open design contributes to the airy feeling the seller especially appreciates and allows the floor plan to adapt as needs change. The upstairs HVAC system was replaced in August of 2025. Buyers should independently verify the heating and cooling fuel sources and system specifications. Outside, a large deck extends the living space for outdoor dining, relaxation, or entertaining. Centrally positioned between Dallas and Fort Worth, this Arlington home offers convenient access to major roadways, shopping, dining, employment centers, and attractions in the Arlington Entertainment District. With a downstairs primary suite, flexible loft, open-concept living areas, updated tile, fireplace, and substantial square footage, 2623 Garden Ridge Lane presents an appealing opportunity in an established Arlington neighborhood.

Investor Tools

Property Icon
$442,000
Estimated Property Value
$140,000Estimated Mortgage Balance
$434,792Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,652 /month
Positive
Cash Flow Estimate:
$884 /month

Interested in this property?

Linda Delgado

Redfin Corporation

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$357/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,078
$417,608
2025
$60,000
$357,608
$417,608
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,078
$417,608

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwind Bank
N/A
$140,000
N/A
First
Jun 26, 1997
Jul 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$8,490
$433,510
98%
2%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
$650/mo
+$2,000/mo
7.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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2623 Garden Ridge Ln | Property Details | No Agent List