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$400,000

1201 Forrest Dr, Arlington, TX, 76012

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths1,761 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$227.14 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Gas Range, Gas Water Heater, Refrigerator, Washer
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesLighting, Playground
Lot Size21,797 sqft

Building Information

Year Built1951
Stories1
Garage Spaces4

Land Information

APN10105-3-3
Lot Number3
SubdivisionDouble Y Wooded Estate Addn
Land UseResidential
Legal DescriptionDOUBLE Y WOODED ESTATE ADDN BLOCK 3 LOT 3
Census Tract121605
Assessed Land Value$91,800
Assessed Improvement Value$257,278
Assessment Year2025

About this property

Mid-century modern design and a remarkable backyard setting come together to create a truly special home. Inside, original hardwood floors, abundant natural light, and broad views of the surrounding trees give the home a warm, inviting feel. The spacious living room opens directly to the backyard through french doors, creating an easy connection between indoor and outdoor living. The kitchen combines vintage personality with practical updates, featuring extensive cabinetry, generous granite counter space, a gas range, built-in storage, and a distinctive retro refrigerator. The floor plan includes three bedrooms, two updated full bathrooms, a formal dining area, and a separate room that works well as a home office, nursery, reading room, or private retreat adjoining the primary suite. Both bathrooms feature granite countertops and tiled walk-in showers, while built-ins throughout the home provide character and useful storage. Outside, mature oak trees and layered landscaping create a private, park-like atmosphere rarely found this close to the center of Arlington. A covered patio with exposed wood beams overlooks the expansive shaded lawn, while a stone fire-pit area offers another inviting place to gather beneath the tree canopy. Car enthusiasts, hobbyists, and anyone needing additional workspace will appreciate the long double-wide driveway, oversized two-car garage, and separate two-car garage at the rear of the property—providing four covered garage spaces with ample room for recreational vehicles, storage, projects, or a workshop. Conveniently located near I-30 and River Legacy Park, approximately 8 minutes from UT Arlington, 15 minutes from DFW Airport, 20 minutes from Fort Worth, and 30 minutes from Dallas. With its MCM personality, versatile interior, four garage spaces, mature trees, and peaceful half-acre setting, this is a distinctive Arlington property with space to live, work, entertain, and unwind.

Investor Tools

$0Estimated Mortgage Balance
$349,078Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

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Rush Kittle

Better Homes & Gardens, Winans

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$247/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,215
$349,078
2025
$91,800
$257,278
$349,078
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,215
$349,078

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$349,078
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
N/A
+$2,385/mo
8.2%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Arlington

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1201 Forrest Dr | Property Details | No Agent List