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$677,000

NAL Estimated Property Value

1204 Falcon Reach Way, Arlington, TX, 76005

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,128 Sq Ft
price_per_sqft$148.34 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
Garage AvailableGarage Available
CoolingCooling
AppliancesConvection Oven, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesBalcony, Rain Gutters
Lot Size7,401 sqft

Building Information

Year Built2014
Garage Spaces3

Land Information

APN44730Q-22-30
Lot Number30
SubdivisionViridian Village 1c-2
Land UseResidential
Legal DescriptionVIRIDIAN VILLAGE 1C-2 BLOCK 22 LOT 30
Census Tract113120
Assessed Land Value$104,430
Assessed Improvement Value$509,818
Assessment Year2025

About this property

Move-in ready Hill Country inspired home built by Cambridge on an oversized homesite with two balconies. The open concept floorplan offers continuous flow and is perfect for family gatherings. This home boasts an impressive granite kitchen island that overlooks the living and dining area. The chefs kitchen offers stainless steel appliances and a gas cooktop with custom cabinetry and a large walk-in pantry. The study and master suite are on the first floor & the remaining three bedrooms and game room are on the second floor. A large outdoor covered patio provide the perfect place for outdoor entertaining.

Investor Tools

Property Icon
$677,000
Estimated Property Value
$397,394Estimated Mortgage Balance
$279,606Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,062 /month
Positive
Cash Flow Estimate:
$1,354 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,690/month
$950/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,892
$614,248
2025
$104,430
$509,818
$614,248
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,892
$614,248

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$436,000
No
First
Sep 23, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$397,394
$279,606
41%
59%
$2,615/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,390/mo
$3,565/mo
$-1,175/mo
4.2%

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.

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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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1204 Falcon Reach Way | Property Details | No Agent List