$365,743
NAL Estimated Property Value1321 Academy Dr, Arlington, TX, 76013
$405,254 ARV
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven
FlooringCarpet, Laminate, Linoleum, Parquet, Tile, Vinyl
Exterior
Exterior FeaturesRain Gutters
Lot Size8,930 sqft
Building Information
Year Built1965
Stories2
Garage Spaces2
Land Information
APN32450-5R-25R
Lot Number25R
SubdivisionPine Grove Addition
Land UseResidential
Legal DescriptionPINE GROVE ADDITION BLOCK 5R LOT 25R
Census Tract122402
Assessed Land Value$71,456
Assessed Improvement Value$294,287
Assessment Year2025
About this property
Step into this magnificent 5-bedroom 2 story home. It's located near an intramural sports field with walking-jogging path. There are 2 bedrooms down and 3 are up. One of the rooms can be used as a game or media room. The home has 2 living and 2 dining areas. A galley kitchen with solid surface countertops. Living area has a gas starter fireplace with raised hearth. Covered patio with ceiling fan and tile surface overlooks the lush back yard. Great for relaxing in the evenings. This is a must see!
Investor Tools
$365,743
Estimated Property Value
$304,707Estimated Mortgage Balance
$61,036Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$405,253
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$667/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,175
$365,743
2025
$71,456
$294,287
$365,743
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,175
$365,743
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$323,000
No
First
Apr 17, 2023
May 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$304,707
$61,036
16%
83%
$1,937/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,937/mo
$-10/mo
6.3%
