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$405,000

6009 Saddle Ridge Rd, Arlington, TX, 76016

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,213 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$187.53 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Wood, Other

Exterior

Exterior FeaturesRain Gutters
Lot Size15,455 sqft

Building Information

Year Built1973
Stories1
Garage Spaces3

Land Information

APN38510-D-9
Lot Number9
SubdivisionShorewood Addition
Land UseResidential
Legal DescriptionSHOREWOOD ADDITION BLOCK D LOT 9
Census Tract121609
Assessed Land Value$75,000
Assessed Improvement Value$281,309
Assessment Year2025

About this property

Step into this spacious 4 bedroom, 2.5 bath home with hardwood and tile floors, and plush new carpet in 2 bedrooms. Freshly painted neutral interiors create a welcoming vibe. The updated kitchen boasts stainless steel appliances, while the bathrooms showcase modern touches, including a walk-in shower in the primary. Need an office space? A versatile bonus room awaits. A 500 sq ft heated and cooled workshop with a separate entry is perfect for hobbies or storage. Plus, rest easy with a just completed replumbing – no more concerns about cast iron pipes! Washer, dryer and refrigerator are included.

Investor Tools

Property Icon
$405,000
Estimated Property Value
$347,600Estimated Mortgage Balance
$72,622Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$669/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,007
$356,309
2025
$75,000
$281,309
$356,309
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$6,007
$356,309

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Conventional
$347,600
No
First
Dec 29, 2023
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$332,378
$72,622
17%
82%
$2,085/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$2,085/mo
+$505/mo
7.7%

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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6009 Saddle Ridge Rd | Property Details | No Agent List