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$367,000

5801 Ridge Dr, Arlington, TX, 76016

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,983 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$186.54 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters, RV Hookup, Storage
Lot Size10,437 sqft

Building Information

Year Built1975
Stories1
Garage Spaces2

Land Information

APN800-F-43
Lot Number43
SubdivisionArbor Valley
Land UseResidential
Legal DescriptionARBOR VALLEY BLOCK F LOT 43
Census Tract121608
Assessed Land Value$59,440
Assessed Improvement Value$256,046
Assessment Year2025

About this property

Fun family home with 2 lvng areas & 2.5 baths on a corner lot with a large backyard that's very near Lake Arlington. It's a friendly neighborhood in desirable SW Arlington & all 3 schools are coveted. Great floor plan with a flow for entertaining! There's a huge sunken living space with vaulted ceilings, painted beams, gas logs in the brick fireplace, & built-ins everywhere. The NEWER(MAY 2016)WINDOWS make it so bright & pretty! You'll love the kitchen with eat-in dining & counter height buffet-like breakfast bar, glass front cabinets, & SS appliances. The den makes a wonderful game room, media, or children's retreat. There's a covered back patio & room for a pool! HVAC SYS & ALL DUCTWORK & INTAKES(NEW NOV 2018), ROOF(NEW MARCH 2024). Prev owner installed a 220 plug for an RV. There's extra drive with room to park the RV & gate to side yard for storage or room for boat or water toys. Seller says hot tub stays for $2500. Near UTA, revitalized downtown Arlington & entertainment district!

Investor Tools

Property Icon
$367,000
Estimated Property Value
$363,199Estimated Mortgage Balance
$0Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,219 /month
Positive
Cash Flow Estimate:
$740 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$584/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,174
$315,486
2025
$59,440
$256,046
$315,486
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,174
$315,486

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bay Equity Llc
Fha
$363,199
Yes
First
Mar 21, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$371,741
N/A
0%
101%
$2,317/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$2,317/mo
+$273/mo
8.5%

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.

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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5801 Ridge Dr | Property Details | No Agent List