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$299,000

NAL Estimated Property Value

1511 Azalea Drive, Arlington, TX, 76013

$313,500 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,725 Sq Ft
price_per_sqft$171.01 / sqft
Year BuiltBuilt in 1955

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, Disposal, Electric Oven, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesStorage, Garden
Lot Size11,400 sqft

Building Information

Year Built1955
Stories1
Garage Spaces1

Land Information

APN27690-9-8
Lot Number8
SubdivisionMc Knight Manor Addition
Land UseResidential
Legal DescriptionMC KNIGHT MANOR ADDITION BLOCK 9 LOT 8
Census Tract122702
Assessed Land Value$50,000
Assessed Improvement Value$233,156
Assessment Year2025

About this property

Charming home set on a quiet street in the heart of Arlington. Ready for you to call home! Beautiful hardwood floors, interior freshly painted, tons of windows and great storage! Living room has great built ins! Updated kitchen with lots of storage space and a large dining area. Master bedroom has a private updated bath and the secondary bedrooms share an additional updated bath. Bonus living room would make a great game room! Nice corner lot with lots of trees and a storage shed. Sprinkler system too! Plenty of room to run and play and a large patio area for outdoor bbqs. Sought after neighborhood near UTA.

Investor Tools

Property Icon
$299,000
Estimated Property Value
$248,641Estimated Mortgage Balance
$50,359Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$313,499
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$502/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,530
$283,156
2025
$50,000
$233,156
$283,156
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,530
$283,156

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aspire Bank
Conventional
$270,750
No
First
Jan 28, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$248,641
$50,359
16%
83%
$1,624/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,624/mo
+$303/mo
7.7%

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.

Explore Texas Explore This Area
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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1511 Azalea Drive | Property Details | No Agent List