1506 Ridgeview Drive
About This Property
Inside, you'll find bright, inviting spaces that have been thoughtfully updated throughout for modern comfort and everyday living. The kitchen showcases custom-built cabinetry, quartz countertops, stainless steel appliances, and luxury vinyl plank flooring that continues through the main living areas. Every bathroom and living space has been refreshed with quality finishes, new paint, and cohesive design. The flexible four-bedroom layout includes a front room that can serve as a home office, playroom, or creative flex space, while a cheerful sunroom just off the main living area provides the perfect spot to enjoy morning coffee, unwind in the evening, or curl up with a favorite book.
Two major improvements bring lasting peace of mind: a brand-new roof completed in July 2025 and the full replacement of 81 feet of original cast iron sewer lines beneath the home. These high-cost, behind-the-scenes upgrades add meaningful value.
Step outside to a spacious backyard shaded by mature trees, complete with a versatile storage building ideal for hobbies, tools, or outdoor entertaining. Zoned for highly rated Butler Elementary in Arlington ISD, the location also offers quick access to River Legacy Park, AT&T Stadium, Globe Life Field, Texas Live, and DFW Airport.
Thoughtfully updated and attractively priced, this home offers flexible closing and immediate possession, making your move simple and stress free. Schedule your showing today and experience the difference true craftsmanship makes.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 9, 2026 | Sold | ||
| Sold | |||
| Dec 21, 2025 | In contract | - | |
| In contract | |||
| Nov 6, 2025 | Price Decreased |
$385,000
↓ $15K
(3.8%) | |
| Price Decreased | |||
| Oct 16, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 16, 2025 | Listed by Texas Ally Real Estate Group | $400,000 | |
| Listed by Texas Ally Real Estate Group | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017