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$406,000

1218 Boardwalk St, Arlington, TX, 76011

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,299 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.09 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Oven, Refrigerator
FlooringLaminate, Vinyl, Wood

Exterior

Lot Size5,162 sqft

Building Information

Year Built1988
Stories1
Garage Spaces2

Land Information

APN31640-2-5
Lot Number5
SubdivisionPark Place North
Land UseResidential
Legal DescriptionPARK PLACE NORTH BLOCK 2 LOT 5
Census Tract113110
Assessed Land Value$55,000
Assessed Improvement Value$254,747
Assessment Year2025

About this property

This stunning, move-in ready home in North Arlington offers a spacious open layout with high ceilings, two living areas, and no carpet! Enjoy cooking in the updated kitchen with new granite countertops, stainless steel appliances, and a large island. The washer, dryer, and refrigerator are included for added convenience. Set on a corner lot with stylish epoxy garage floors, this home is just minutes from I-30 and SH 360, offering quick access to downtown Dallas, Fort Worth, and DFW Airport. Don’t miss out on this incredible lease opportunity – schedule your tour today!

Investor Tools

Property Icon
$406,000
Estimated Property Value
$215,000Estimated Mortgage Balance
$212,295Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,436 /month
Positive
Cash Flow Estimate:
$812 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$849/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,163
$309,747
2025
$55,000
$254,747
$309,747
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,163
$309,747

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Point Financial Corporation
Conventional
$215,000
No
First
Mar 3, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$193,705
$212,295
52%
48%
$1,290/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,290/mo
+$637/mo
5.7%

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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1218 Boardwalk St | Property Details | No Agent List