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$406,182

5303 Ridge Springs Ct, Arlington, TX, 76017

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,295 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167.76 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Convection Oven, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCeramic Tile, Vinyl

Exterior

Lot Size7,475 sqft

Building Information

Year Built1984
Stories1
Garage Spaces2

Land Information

APN31250-22-6
Lot Number6
SubdivisionOverland Stage Estates
Land UseResidential
Legal DescriptionOVERLAND STAGE ESTATES BLOCK 22 LOT 6
Census Tract111531
Assessed Land Value$75,000
Assessed Improvement Value$331,182
Assessment Year2025

About this property

BUYER DEFAULTED! Gorgeous One Story, Newly Remodeled, Home Sweet Home In One of Arlington's Most Beautiful Tree Lined Established Neighborhoods on a Dead End Street in the Wood, Boles, Martin School District! Fabulous Flowing Open Floor Plan w Breathtaking Lighting, Vaulted Ceiling in Main Living Room, Two Large Dining Rooms and a Fantastic Media Room w Wet Bar Makes For Perfect Entertaining. Heart of the Home Kitchen has Updated Cabinets, Butcher Block Countertops, Tiled Backsplash and More. Split Bedroom Floor Plan Offers Extra Privacy and Features a Large Master Bedroom with Spa Like Ensuite Master Bath with Separate Shower, Jetted Garden Tub Under a Glorious Sky Light and Walk In Closet. Bonus Sunroom with Central Air and Doors that Open to Beautiful Backyard Views with a Double Deck Overlooking the Oversized Backyard! Located Only Minutes Away From Arlington's Best Restaurants and Shopping! Easy Access to Interstate 20 Make Commuting a Dream.

Investor Tools

Property Icon
$406,182
Estimated Property Value
$370,500Estimated Mortgage Balance
$62,795Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,437 /month
Positive
Cash Flow Estimate:
$812 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$751/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,981
$406,182
2025
$75,000
$331,182
$406,182
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,981
$406,182

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$370,500
No
First
Jun 13, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$343,387
$62,795
15%
85%
$2,222/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,010/mo
$2,222/mo
$-212/mo
5.9%

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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