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$329,371

NAL Estimated Property Value

1507 Bandera Drive, Arlington, TX, 76018

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,847 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$117.22 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesPlumbed For Ice Maker
FlooringCarpet

Exterior

Lot Size7,706 sqft

Building Information

Year Built1985
Stories1
Garage Spaces2

Land Information

APN30735-21-22
Lot Number22
SubdivisionOakbrook Addition
Land UseResidential
Legal DescriptionOAKBROOK ADDITION BLOCK 21 LOT 22
Census Tract111514
Assessed Land Value$69,390
Assessed Improvement Value$259,981
Assessment Year2025

About this property

Great home in an established community. This home has curb appeal to spare. The kitchen and bathrooms are the centerpiece of this home. The kitchen is an open concept and ready for all holiday gathering. The home has a recently installed fence for privacy. Warm up with the fireplace located in the spacious living room. Get away in the covered patio. Enjoy the backyard under the shade. The attic has radiant barrier and the windows have color screens. Great combination to keep energy costs at bay. The foundation has been repaired and the home has passed a hydrostatic test on the plumbing.

Investor Tools

Property Icon
$329,371
Estimated Property Value
$193,950Estimated Mortgage Balance
$135,421Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,976 /month
Positive
Cash Flow Estimate:
$659 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$510/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,471
$329,371
2025
$69,390
$259,981
$329,371
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,471
$329,371

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Fha
$212,087
Yes
First
Mar 12, 2020
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$193,950
$135,421
41%
59%
$1,323/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,690/mo
$1,323/mo
+$1,367/mo
9.8%

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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1507 Bandera Drive | Property Details | No Agent List