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$510,000

1615 Royal Mile Ct, Arlington, TX, 76015

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths3,224 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$158.19 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Vented Exhaust Fan, Wine Cooler

Exterior

Lot Size5,702 sqft

Building Information

Year Built1973
Stories1
Garage Spaces2

Land Information

APN37700-5-15
Lot Number15
SubdivisionScots Wood Estates
Land UseResidential
Legal DescriptionSCOTS WOOD ESTATES BLOCK 5 LOT 15
Census Tract111552
Assessed Land Value$45,632
Assessed Improvement Value$293,333
Assessment Year2025

About this property

eautifully updated 4-bedroom, 3-bath home with over 3,200 sq. ft., situated on a quiet cul-de-sac in an established Arlington neighborhood with mature trees. The home features new flooring throughout, a completely remodeled kitchen, updated bathrooms, new windows, fresh paint, and modern finishes throughout. The spacious floor plan offers multiple living and dining areas, a dedicated office, sunroom, and an oversized primary suite with a beautifully renovated ensuite bath. The updated kitchen features new cabinetry, quartz countertops, stainless steel appliances, and plenty of space for entertaining. Conveniently located near The Parks Mall at Arlington and Arlington Highlands, with easy access to I-20, shopping, dining, and entertainment.

Investor Tools

$291,716Estimated Mortgage Balance
$140,284Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,060 /month
Positive
Cash Flow Estimate:
$1,020 /month

Interested in this property?

Perla Paniagua

Monument Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$299/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,428
$338,965
2025
$45,632
$293,333
$338,965
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,428
$338,965

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Boomerang Acceptance Llc
Unknown
$292,560
No
First
Jun 29, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$291,716
$140,284
32%
68%
$1,755/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$1,755/mo
+$835/mo
7.2%

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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1615 Royal Mile Ct | Property Details | No Agent List