4015 Ridgebrook Drive

Arlington, TX 76015

$550,000
Price
6
Beds
3,862 Sq. Ft.
$142 / Sq. Ft.
3,862
Sq. Ft.
$142
per Sq. Ft.

Description

Rare full duplex in Arlington currently cash flowing with 4015 vacant that could be great for an owner to occupy one side or find a long term tenant with new long term lease while 4017 has a lease in place through March 31,2025 that would like to stay or go month to month. With recent capital expenses completed including a recently replaced roof and HVAC units this is a great opportunity to add to your current investment portfolio or a great opportunity to start your investment. Each side mirrors...Rare full duplex in Arlington currently cash flowing with 4015 vacant that could be great for an owner to occupy one side or find a long term tenant with new long term lease while 4017 has a lease in place through March 31,2025 that would like to stay or go month to month. With recent capital expenses completed including a recently replaced roof and HVAC units this is a great opportunity to add to your current investment portfolio or a great opportunity to start your investment. Each side mirrors each other at 1931 square feet featuring 3 bedrooms, 2 and half bathrooms with all bedrooms upstairs and great living space on first level with private 2 car garage on each side, wood fence and covered patio. Great access being in central Arlington I30 and I20 are easily accessible. Currently professionally managed by Blue Crown Property Management.

Listing Agent

  1. Spencer Cearnal

    Spencer Cearnal

    Listing Agent

    Compass

    TREC #0631300

Property Details for 4015 Ridgebrook Drive

Subdivision Name
Meadow Creek Add
Pool
No
Garage Spaces
4
Number Of Parking Spaces
4
LISTING UPDATED: 02/11/2025 10:29 AM

Property Details for 4015 Ridgebrook Drive

StatusActive
MLS #20827771
Days on Market41
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Full Duplex
Year Built1979
Lot Size0.19 AC / 8,407 SF
CountyTarrant County

Building Information for 4015 Ridgebrook Drive

Stories2Residences2Year Built1979Building Size-Lot Size0.19 AC / 8,407 SF

Property Information for 4015 Ridgebrook Drive

Summary
Location and General Information
  • Block: 1
  • Complex Name: 4015/17 Ridgebrook Duplex
  • Directions: From I20 north on Cooper turn let at Pleasant Ridge, right on Melear, left on Glenbrook right on Ridgebrook and you will arrive at 4015 and 4017 Ridgebrook in Arlington, TX 76015
  • Elementary School: Key
  • Elementary School Name: Key
  • High School: Arlington
  • High School Name: Arlington
  • Junior High School: Gunn
  • Senior Community Yes/No: No
  • Year Built Details: Preowned
  • School District: Arlington ISD
  • Geocode Confidence: High
  • Latitude: 32.68
  • Longitude: -97.14
  • State: Texas
Parking
  • Garage Length: 23
  • Garage Width: 20
  • Parking Features: Concrete, Driveway, Garage, Garage Faces Rear, Garage Single Door, Inside Entrance, Kitchen Level, Lighted, Oversized, Private, Side By Side
  • Carport Spaces: 0
  • Attached Garage: Yes
  • Parking Spaces Covered Total: 4
  • Garage Height: 8
  • Garage: Yes
Taxes and HOA Information
  • Tax Legal Description: MEADOW CREEK ADDITION-ARLNGTON BLOCK 1 LOT 32
  • Association Type: None
  • Special Taxing Entities: No
  • Tax Lot: 32
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplace Features: Brick, Wood Burning
  • Fireplaces Total: 2
  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl Plank
  • Heating: Electric, Fireplace(s)
  • Interior Features: Cable TV Available, Granite Counters, High Speed Internet Available, Pantry, Walk-In Closet(s), Wet Bar
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater
  • Basement: No
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Assessor
  • Construction Materials: Brick, Siding
  • Fencing: Wood
  • Foundation Details: Slab
  • Number Of Stories: 2
  • Roof: Composition
  • Waterfront: No
  • Number Of Units Total: 2
  • Levels: Two
Property
Utilities
  • Utilities: Cable Available, City Sewer, City Water, Concrete, Curbs, Electricity Connected, Master Water Meter, Overhead Utilities
Property and Assessments
  • Accessory Unit: No
  • Exclusions: all tenant owned possessions
  • Financing Proposed: 1031 Exchange, Cash, Conventional, FHA, VA Loan
  • Handicap: No
  • Loan Type: Treat As Clear
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Property Match: APN
Lot Information
  • Lot Features: Interior Lot, Landscaped, Subdivision
  • Lot Size Acres: 0.193
  • Lot Size Area: 0.193
  • Lot Size Units: Acres
  • Lot Size Square Feet: 8407.08
  • Multi Parcel ID: No
  • Parcel Number: 01700707
Multi Family
Multi-Family Information
  • Number Of Buildings: 1
  • Capitalization Rate: .17%
  • Gross Annual Expenses: $29,686
  • Gross Annual Income: $47,100
  • Insurance Expense: $5,000
  • Tenancy: Over 9 Months
  • Total Annual Expenses Include: Accounting, Capital Improvements, Professional Management, Trash, Water/Sewer
  • Net Operation Income: $930.00
Unit 1
  • Approximate SQFT: 1931.0
  • Dining Area Length: 12.0
  • Dining Area Width: 11.0
  • Kitchen Length: 12.0
  • Kitchen Width: 11.0
  • Living Area Length: 24.0
  • Living Area Width: 26.0
  • Master Bed Length: 16.0
  • Master Bed Width: 24.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 1
  • Unit Type Type: 3 Bedroom
  • Unit Type Units Total: 1
Unit 2
  • Approximate SQFT: 1931.0
  • Average Lease Amount: $2,050.00
  • Dining Area Length: 12.0
  • Dining Area Width: 11.0
  • Kitchen Length: 12.0
  • Kitchen Width: 11.0
  • Living Area Length: 24.0
  • Living Area Width: 26.0
  • Master Bed Length: 16.0
  • Master Bed Width: 24.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 1
  • Unit Type Type: 3 Bedroom
  • Unit Type Units Total: 1

Property History for 4015 Ridgebrook Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4015 Ridgebrook Drive

Taxable ValueLand$45,000Additions$522,846Total$567,846
Tax Record2023$10,346 ($862 / month)
Home Facts
Total Finished SqFt3,862 SqFtAbove Grade Finished SqFt3,862 SqFtStories2Lot Size8,398 SqFtStyleDuplexYear Built1979CountyTARRANTAPN25400-1-32

Schools near 4015 Ridgebrook Drive

This home is within Arlington Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 6 to 8
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
Key Elementary School
PublicPK to 6

Gunn J High School
Public6 to 8

Arlington High School
Public9 to 12

MCNUTT EL
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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4015 Ridgebrook Drive is a multi-family home for sale in Arlington, TX 76015. This property was listed for sale on January 27, 2025 by Compass, it's currently listed at $550,000. It has been on the market for a total of 41 days and was last sold on April 15, 2022. This listing's school district is Arlington Independent School District. Nearby schools include Key Elementary School, Gunn J High School and Arlington High School. 4015 Ridgebrook Drive is a 6-bed, 5-bath, 3,862 sqft multi-family home built in 1979.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2025 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 02/11/2025 10:29 AM