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$223,374

NAL Estimated Property Value

1602 Skylark Dr, Arlington, TX, 76010

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths912 Sq Ft
price_per_sqft$235.75 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size8,137 sqft

Building Information

Year Built1953
Stories1
Garage Spaces1

Land Information

APN44410-3-5
Lot Number5
SubdivisionValley View Addition-Arlington
Land UseResidential
Legal DescriptionVALLEY VIEW ADDITION-ARLINGTON BLOCK 3 LOT 5
Census Tract122100
Assessed Land Value$40,000
Assessed Improvement Value$183,374
Assessment Year2025

About this property

Introducing an excellent investment opportunity in the heart of Central Arlington. This three bedroom, two bath home with a incomplete garage conversion that could make this home a four bedroom two bath and is nestled in a highly desirable and family friendly neighborhood. Conveniently situated just minutes away from the vibrant Texas Live entertainment area, renowned restaurants and premier shopping destinations. With its prime location and potential for customization, this investor special home is ready to be transformed into a valuable asset. This home also features a backyard large enough for entertaining family and friends. This property will not last long.

Investor Tools

Property Icon
$223,374
Estimated Property Value
$0Estimated Mortgage Balance
$223,374Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,340 /month
Positive
Cash Flow Estimate:
$447 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$500/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,882
$223,374
2025
$40,000
$183,374
$223,374
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,882
$223,374

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$223,374
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
N/A
+$1,927/mo
10.4%

City: Arlington

1602 Skylark Dr | Property Details | No Agent List