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$362,000

NAL Estimated Property Value

1610 Royal Mile Drive, Arlington, TX, 76015

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,600 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$107.31 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Gas Cooktop
FlooringCarpet, Vinyl

Exterior

Lot Size11,400 sqft

Building Information

Year Built1972
Stories1
Garage Spaces2

Land Information

APN37700-6-4
Lot Number4
SubdivisionScots Wood Estates
Land UseResidential
Legal DescriptionSCOTS WOOD ESTATES BLOCK 6 LOT 4
Census Tract111552
Assessed Land Value$60,400
Assessed Improvement Value$294,657
Assessment Year2025

About this property

Fantastic home with great bones. This one owner home is a make over dream! 4-3-2 with a sunroom and a Metal Roof. Loads of trees in an established Arlington neighborhood. Private gate to driveway. Spacious with 4 large bedrooms, 4th bed could be mother in law suite w private bath. Two large living areas, formal dining, kitchen and breakfast area is combined with a bar separating. Abundant storage throughout home. Built in and lots of character. Solid home! A little updating and make this one Home. Buyer to verify measurements and schools. Fridge, washer, dryer stays.

Investor Tools

Property Icon
$362,000
Estimated Property Value
$215,430Estimated Mortgage Balance
$146,570Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,172 /month
Positive
Cash Flow Estimate:
$724 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$798/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,760
$355,057
2025
$60,400
$294,657
$355,057
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,760
$355,057

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Market Street Mortgage Corp
Va
$245,000
Yes
First
Mar 16, 2020
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$215,430
$146,570
40%
60%
$1,469/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
$1,469/mo
+$621/mo
6.9%

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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1610 Royal Mile Drive | Property Details | No Agent List