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$250,000

1005 Ridgewood Ter, Arlington, TX, 76012

$323,730 ARVInfo
Under ContractInfo
Beds3 Beds
Baths2 Bath
Baths2,218 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$112.71 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesStorage
Lot Size12,700 sqft

Building Information

Year Built1955
Stories1
Garage Spaces3

Land Information

APN14300-5-11
Lot Number11
SubdivisionForest Park Addition-Arlington
Land UseResidential
Legal DescriptionFOREST PARK ADDITION-ARLINGTON BLOCK 5 LOT 11
Census Tract121605
Assessed Land Value$50,800
Assessed Improvement Value$273,686
Assessment Year2026

About this property

Investors and renovators, take note: this Arlington property offers multiple living areas, abundant windows, and a detached space with room to add value. The detached garage is currently arranged as two bedrooms, a sitting area, and a full bath, creating potential for additional rental income. The converted space may also be returned to a two-car garage with extra storage. Inside the classic brick home, generous windows bring in natural light and leafy backyard views. The living and dining areas flow together, while a separate family room features a wood-burning fireplace and built-in cabinetry. The kitchen offers extensive cabinet space and a gas range. A converted sunroom adds another inviting space to relax or gather. Set on approximately **0.29 acre**, the property also features a covered front porch and a long driveway leading through a gate to the backyard and detached space. Offered as-is, this is an opportunity to bring your vision to a property with room to reimagine and add value.

Investor Tools

$0Estimated Mortgage Balance
$348,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$323,730
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,088 /month
Positive
Cash Flow Estimate:
$696 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$364/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,625
$324,486
2026
$50,800
$273,686
$324,486
No

Tax History

Year
Tax Paid
Assessed Value
2026
$2,625
$324,486

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$348,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
N/A
+$2,090/mo
7.2%

City: Arlington

1005 Ridgewood Ter | Property Details | No Agent List