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$161,000

NAL Estimated Property Value

1401 Forest Edge Dr Apt 8, Arlington, TX, 76013

$178,865 ARVInfo
Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,170 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$139.32 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave
FlooringVinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Entrance, Private Yard

Building Information

Year Built1970

Land Information

APN14120C---A----8
Lot Number8
SubdivisionForest Edge Condominium Sub
Land UseResidential
Legal DescriptionFOREST EDGE CONDOMINIUM SUB BLOCK A LOT 8 & .03941 CE
Census Tract111505
Assessed Land Value$30,000
Assessed Improvement Value$125,689
Assessment Year2025

About this property

Accessible to Pantego, Arlington, the UTA campus and all the great shopping and entertainment this area has to offer. Renovated and ready for move-in with everything you need to feel cozy and right at home. This Forest Edge unit has ample-sized rooms, an open living and dining space and a private patio for pets and outside leisure. It also features a dedicated in-unit laundry area for convenience and practicality. Forest Edge is a perfect place to call home, or a perfect investment if you're looking to add to your portfolio.

Investor Tools

Property Icon
$161,000
Estimated Property Value
$0Estimated Mortgage Balance
$161,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$178,865
Rent-to-Value Ratio: 0.72%
Rent Estimate
$978 /month
Positive
Cash Flow Estimate:
$326 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$351/month
$209/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,404
$155,689
2025
$30,000
$125,689
$155,689
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2025
$3,404
$155,689

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Don Rapp
Seller Carryback / Seller Financing / Seller Take-Back
$50,000
No
First
Feb 22, 1996
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$203,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,456/mo
$209/mo
+$1,247/mo
10.9%

City: Arlington

1401 Forest Edge Dr Apt 8 | Property Details | No Agent List