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2609 Shadow Ridge Drive
About This Property
Inside, you'll find two generously sized living areas ideal for both everyday living and entertaining. The thoughtfully designed layout features 4 bedrooms and 3 full baths, offering flexibility for families, guests, or a home office setup. The 2nd living area is split and there is a full bath right across the hall and could be a perfect in-law suite. The kitchen is equipped with recent upgrades including a new gas cooktop and oven (2022), making it both stylish and functional for the home chef. Major system updates completed in 2022-including a new HVAC system and tankless water heater-provide peace of mind and energy efficiency. Step outside to your private backyard retreat featuring a recently updated diving pool, replastered in 2022 and equipment updated in 2026. It is perfect for cooling off during Texas summers. The expansive sunroom creates an ideal year-round entertaining space while helping keep mosquitoes at bay, seamlessly blending indoor and outdoor living. This North Arlington home is close to DFW airport, entertainment district and river legacy park. Seller will be reviewing offers Tuesday 3-28 at noon.
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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 |
|---|---|---|---|
| Jun 12, 2026 | Sold | ||
| Sold | |||
| Apr 29, 2026 | In contract | - | |
| In contract | |||
| Apr 23, 2026 | Listed by TDT Realtors | $499,000 | |
| Listed by TDT Realtors | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017