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$246,000

NAL Estimated Property Value

1509 Kent Dr, Arlington, TX, 76010

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,596 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.58 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Gas Water Heater, Microwave
FlooringCarpet, Laminate

Exterior

Lot Size8,398 sqft

Building Information

Year Built1955
Stories1

Land Information

APN940-2-5
Lot Number5
SubdivisionArlington Manor
Land UseResidential
Legal DescriptionARLINGTON MANOR BLOCK 2 LOT 5
Census Tract122901
Assessed Land Value$33,600
Assessed Improvement Value$212,400
Assessment Year2025

About this property

Recently renovated! 3 bedroom 2 full bath home has 2 living rooms. Walk into a formal living room, take a turn to the left and walk into the kitchen. Kitchen has new quartz counter tops open to the dining room and 2nd living room with wood burning fireplace. Freshly painted, new laminate flooring installed throughout home with plush carpet in the bedrooms. Down the hall you have the guest bathroom with new quartz counter sink and newly tiled shower with bath. 2 Guest bedrooms are nicely sized. Master bedroom located to the back of the home is HUGE. Lots of room for an extra sitting area. Large walk in closet, and large bathroom. Master bathroom also renovated with new quartz vanity sink, and newly tiled shower with bathtub. Large backyard, lots of room for entertaining or pets to run around in.

Investor Tools

Property Icon
$246,000
Estimated Property Value
$193,666Estimated Mortgage Balance
$52,643Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,499 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$551/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,377
$246,000
2025
$33,600
$212,400
$246,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,377
$246,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nexbank Ssb
Conventional
$199,920
No
First
Jul 3, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$193,666
$52,334
21%
79%
$1,199/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,199/mo
+$728/mo
9.4%

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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1509 Kent Dr | Property Details | No Agent List