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$268,000

NAL Estimated Property Value

5852 Water Ridge Drive, Arlington, TX, 76016

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,550 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$141.29 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringLaminate

Building Information

Year Built1985
Garage Spaces1

Land Information

APN45268C---B----4
Lot Number4
SubdivisionWaterwood Village
Land UseResidential
Legal DescriptionWATERWOOD VILLAGE BLOCK B LOT 4 .0316 CE
Census Tract121608
Assessed Land Value$40,000
Assessed Improvement Value$221,933
Assessment Year2025

About this property

Looking for the perfect low maintenance home? Check out this beautiful well maintained 2 story townhome within walking distance to Lake Arlington! This immaculate home is spacious with an upgraded interior and a relaxing back porch. This home provides an element for a comfortable living that is conveniently located to shopping and restaurants. Enjoy all 3 decks and 1 off the upstairs master. For the perfect retreat within the city this is the one.

Investor Tools

Property Icon
$268,000
Estimated Property Value
$199,679Estimated Mortgage Balance
$68,321Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,608 /month
Positive
Cash Flow Estimate:
$536 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$427/month
$354/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,779
$261,933
2025
$40,000
$221,933
$261,933
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,779
$261,933

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Conventional
$218,250
No
First
Nov 12, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$199,679
$68,321
25%
75%
$1,309/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$1,663/mo
+$297/mo
8.8%

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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5852 Water Ridge Drive | Property Details | No Agent List