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$282,601

NAL Estimated Property Value

1608 Ruth St, Arlington, TX, 76010

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,318 Sq Ft
price_per_sqft$174.43 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan, Tankless Water Heater, Gas Water Heater
FlooringCeramic Tile, Other, Wood

Exterior

Lot Size7,697 sqft

Building Information

Year Built1953
Stories1
Garage Spaces1

Land Information

APN18110-6-5
Lot Number5
SubdivisionHighland Park Addition-Arlngtn
Land UseResidential
Legal DescriptionHIGHLAND PARK ADDITION-ARLNGTN BLOCK 6 LOT 5
Census Tract122100
Assessed Land Value$40,000
Assessed Improvement Value$242,601
Assessment Year2025

About this property

Multiple offers received, please submit highest and best offer by 8pm on Sunday Oct 3rd. This charmer has 3 beds, 2 baths, and is only 1mi away from the Cowboys or Rangers stadiums! Orig refinished oak floors throughout. Kitchen has granite counters, SS appliances, subway tile, soft close cabinets, seamless cork flooring. Enclosed porch is the perfect place to enjoy a cup of coffee! Lrg dedicated laundry room off the kitchen with space for a freezer. The flex room with sep entry is a perfect 3rd bdrm, playroom, office, gym, or inlaw apt. Updates include roof, hvac, appliances, tankless wh, paint, lighting, garage door, Ecobee thermostat, and new interior doors. Roof and foundation warranties.

Investor Tools

Property Icon
$282,601
Estimated Property Value
$232,902Estimated Mortgage Balance
$49,699Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,696 /month
Positive
Cash Flow Estimate:
$565 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$632/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,176
$282,601
2025
$40,000
$242,601
$282,601
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,176
$282,601

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Fha
$232,707
Yes
First
Nov 10, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$232,902
$49,699
17%
82%
$1,521/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,521/mo
+$406/mo
8.2%

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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