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$396,000

NAL Estimated Property Value

1401 Allegheny Drive, Arlington, TX, 76012

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,234 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$179.05 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Cooktop, Microwave, Convection Oven
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesRain Gutters
Lot Size16,797 sqft

Building Information

Year Built1968
Stories1
Garage Spaces3

Land Information

APN44790-3-1R
Lot Number1R
SubdivisionWaldrop Heights Addn (Arl)
Land UseResidential
Legal DescriptionWALDROP HEIGHTS ADDN (ARL) BLOCK 3 LOT 1R
Census Tract121605
Assessed Land Value$30,000
Assessed Improvement Value$193,356
Assessment Year2025

About this property

Great curb appeal on this custom brick home sitting on a good sized corner lot with a 3 car garage. Currently one of the bays of the garage has been used as a workshop. Roof was replaced in July 2024. Thermal windows installed throughout home Nov 2016 and garage doors replaced. Both bathrooms have been beautifully remodeled in 2021. Wood deck in backyard installed in Nov 2017. Traditional formal living and dining with good sized windows and chair rail molding. Large family room has painted paneling, built in cabinets, brick fireplace with gas logs, hardwood flooring and a dry bar. Kitchen was remodeled in 2008 and is open to family room with a breakfast bar, granite, 5 burner gas cook top, stainless microwave, oven, dishwasher. Utility room with space for extra pantry storage. Good sized primary bedroom over looks the backyard, updated ensuite bathroom has a shower, sink, and a vanity in the bedroom with a walk in closet. There are 3 good sized secondary bedrooms and a bathroom with 2 sinks, tub between two bedrooms with walk in closets. The enclosed breeze way between the garage and home that adds additional living space. Great sized backyard with sprinkler system.

Investor Tools

Property Icon
$396,000
Estimated Property Value
$38,498Estimated Mortgage Balance
$357,502Estimated Equity
90% 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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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$250/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,025
$223,356
2025
$30,000
$193,356
$223,356
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,025
$223,356

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loanstream Inc
Credit Line (Revolving) / Heloc
$108,000
No
First
Aug 6, 2003
Sep 2018

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$38,498
$357,502
90%
10%
$648/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$648/mo
+$1,279/mo
5.8%

City: Arlington

1401 Allegheny Drive | Property Details | No Agent List