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$374,500

1611 Royal Mile Ct, Arlington, TX, 76015

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,649 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.37 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

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

Exterior

Lot Size6,321 sqft

Building Information

Year Built1973
Stories1
Garage Spaces2

Land Information

APN37700-5-13
Lot Number13
SubdivisionScots Wood Estates
Land UseResidential
Legal DescriptionSCOTS WOOD ESTATES BLOCK 5 LOT 13
Census Tract111552
Assessed Land Value$50,592
Assessed Improvement Value$213,722
Assessment Year2025

About this property

This spacious single-story custom home in Scots Wood Estates offers a welcoming blend of comfort and functionality. Nestled on a quiet cul-de-sac lot with mature landscaping, the property boasts four bedrooms, three full baths, and multiple living and dining areas designed for both relaxation and entertaining. The formal living room offers serene front-yard views, while the formal dining room features charming wainscoting and direct access to the well-appointed kitchen, which includes ample cabinetry, double ovens, and an electric cooktop. A cozy breakfast nook with a built-in hutch and window seat adds to the home's appeal. The expansive family room, highlighted by a vaulted beamed ceiling, built-in storage, a skylight, and an impressive stone fireplace with a gas starter, serves as the heart of the home. The primary bedroom retreat includes two walk-in closets and an en-suite bath with dual sinks, a separate tub & toilet area and a linen closet, along with an adjacent walk-in storage space ideal for future remodel potential. Two additional spacious bedrooms share a Hollywood bath, while a fourth bedroom with an en-suite bath provides flexibility as an in-law suite. The oversized utility room offers built-in cabinetry for extra storage. Outdoors, the fenced backyard features a covered patio and ample space for pets and play, plus a side yard with an 8x10 workshop with electricity, a storage shed, and another large grassy area. The oversized two-car garage with an extended driveway ensures plenty of parking. Recent upgrades include a new HVAC system in 2024, a water heater replacement in 2020, and a roof installed in 2016. So much potential! This well-designed home is an incredible opportunity to enjoy comfortable living in a desirable neighborhood!

Investor Tools

Property Icon
$368,000
Estimated Property Value
$0Estimated Mortgage Balance
$368,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,247 /month
Positive
Cash Flow Estimate:
$749 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$248/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,132
$264,314
2025
$50,592
$213,722
$264,314
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,132
$264,314

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$368,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
N/A
+$2,090/mo
6.8%

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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