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B+
NoAgentList RatingHow are grades calculated? Info

$285,000

1422 Tatum, Arlington, TX, 76012

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,776 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$160.47 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Gas Oven, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Lot Size9,827 sqft

Building Information

Year Built1969
Stories1
Garage Spaces2

Land Information

APN39920-1-28R
Lot Number28R
SubdivisionSpring Lake Addition
Land UseResidential
Legal DescriptionSPRING LAKE ADDITION BLOCK 1 LOT 28R
Census Tract121615
Assessed Land Value$50,000
Assessed Improvement Value$245,000
Assessment Year2025

About this property

Beautiful Open Concept home in an established highly sought after community. this home had been upgraded to wood like ceramic tile floors throughout the home, new baseboards . The entire home has been freshly painted inside and a Gorgeous German Schmeer brick outside. New stone fireplace , stainless steel appliances ,gas stove, top off the line double oven convention Samsung chef collection dual oven microwave. Updated Smart garage doors can work with App. This unique homes has a hidden secret in the backyard you have access to the Randol Mill Family Park that includes several Baseball Fields a Splash Pool and Walking Trails . This home has new windows new HVAC and 2 min from I-30 and quick access to DFW.

Investor Tools

Property Icon
$306,000
Estimated Property Value
$0Estimated Mortgage Balance
$57,749Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,836 /month
Positive
Cash Flow Estimate:
$612 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$599/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,660
$295,000
2025
$50,000
$245,000
$295,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,660
$295,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$272,887
No
First
Aug 10, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$248,251
$57,749
18%
81%
$1,637/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,637/mo
+$290/mo
7.6%

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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1422 Tatum | Property Details | No Agent List