$480,000
NAL Estimated Property Value6720 Ridge Estates Court, Arlington, TX, 76001
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Electric Water Heater
FlooringCarpet, Ceramic Tile, Wood
Exterior
Exterior FeaturesRain Gutters, Lighting
Lot Size13,700 sqft
Building Information
Year Built1999
Stories1
Garage Spaces3
Land Information
APN34274-2-5
Lot Number5
SubdivisionRidgepark Estates
Land UseResidential
Legal DescriptionRIDGEPARK ESTATES BLOCK 2 LOT 5
Census Tract111402
Assessed Land Value$61,322
Assessed Improvement Value$335,678
Assessment Year2025
About this property
Beautiful Estate Quality Home designed with a Family in mind. Backyard Pool and Spa area is wonderful for quiet escapes or entertaining large groups. Split Bedroom Arrangement. Tons of Amenities. Built-ins everywhere. Wet Bar between the two living areas. Spacious Dining Room. So many generous and fine features to mention. A MUST SEE. Other amenities include a Butler's Pantry, Second Pantry, Oversized Utility Room with generous cabinets and storage, Oversized Garage. NEW ROOF JUST INSTALLED!
Investor Tools
$480,000
Estimated Property Value
$326,872Estimated Mortgage Balance
$153,128Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,880 /month
Positive
Cash Flow Estimate:
$960 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$824/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,490
$397,000
2025
$61,322
$335,678
$397,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,490
$397,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bokf Na
Conventional
$360,000
No
First
Jul 21, 2021
Aug 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$326,872
$153,128
31%
68%
$2,159/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,530/mo
$2,159/mo
+$371/mo
6.3%
