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$229,900

1620 Kelly Ter, Arlington, TX, 76010

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,113 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$206.56 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesElectric Range, Microwave
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size7,858 sqft

Building Information

Year Built1952
Stories1
Garage Spaces1

Land Information

APN1000-3-18
Lot Number18
SubdivisionArlington Terrace Addition
Land UseResidential
Legal DescriptionARLINGTON TERRACE ADDITION BLOCK 3 LOT 18
Census Tract122901
Assessed Land Value$31,440
Assessed Improvement Value$177,220
Assessment Year2025

About this property

Charming Two Bedroom Two Bath 1950s Build In The Heart Of Arlington, Just South Of The Entertainment District. Updates Include Fresh Interior & Exterior Paint, New Light Fixtures, New Flooring Installed Throughout, New Range, New Vent Hood, and Remodeled Primary Bathroom. Unlike Most Of The 2 Bed 1 Bath Comparables In The Area, This One Has a Second Private Bath That Has Been Added Off The Back Porch. This House Is Ready For New Owners Looking For Their Forever Home.

Investor Tools

Property Icon
$208,660
Estimated Property Value
$206,213Estimated Mortgage Balance
$14,126Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,379 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$467/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,560
$208,660
2025
$31,440
$177,220
$208,660
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,560
$208,660

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
H Chan Family Lp
Purchase Money Mortgage
$206,213
No
First
Apr 6, 2023
Apr 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,534
$14,126
6%
93%
$1,237/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,456/mo
$1,237/mo
+$219/mo
8.4%

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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1620 Kelly Ter | Property Details | No Agent List