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$275,000

1604 Tower Dr, Arlington, TX, 76010

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,897 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$144.97 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size7,797 sqft

Building Information

Year Built1955
Stories1
Garage Spaces1

Land Information

APN940-8-3
Lot Number3
SubdivisionArlington Manor
Land UseResidential
Legal DescriptionARLINGTON MANOR BLOCK 8 LOT 3
Census Tract122901
Assessed Land Value$31,200
Assessed Improvement Value$337,273
Assessment Year2025

About this property

Stunning Mid Century Modern Home on the prettiest street in the neighborhood. Updated Kitchen with granite countertops and pretty glass backsplash overlooks a wonderful open concept formal dining area and family room and is anchored by a massive electric fireplace. Spa Like Owner's Retreat has an updated ensuite bath with oversized walk in shower. Both baths have granite topped vanities. Secondary bath has a built in linen closet. Light and bright laundry room overlooks large fenced in backyard. Owner added second driveway for additional off street parking. Some of the best entertainment in North Texas is nearby including Cowboy Stadium, Six Flags, and Hurricane Harbor. Close to restaurants and shopping.

Investor Tools

Property Icon
$368,473
Estimated Property Value
$304,385Estimated Mortgage Balance
$79,849Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,211 /month
Positive
Cash Flow Estimate:
$737 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$825/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,053
$368,473
2025
$31,200
$337,273
$368,473
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,053
$368,473

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Unknown
$304,385
No
First
Jul 28, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$288,624
$79,849
21%
78%
$1,825/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,825/mo
+$102/mo
6.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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