Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours

$329,784

NAL Estimated Property Value

1631 Terrace St, Arlington, TX, 76012

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,831 Sq Ft
price_per_sqft$161.11 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range, Microwave, Refrigerator
FlooringCarpet, Concrete, Laminate, Tile

Exterior

Lot Size8,999 sqft

Building Information

Year Built1975
Stories1
Garage Spaces2

Land Information

APN37360-3-2
Lot Number2
SubdivisionSanford Square Addition
Land UseResidential
Legal DescriptionSANFORD SQUARE ADDITION BLOCK 3 LOT 2
Census Tract121615
Assessed Land Value$72,000
Assessed Improvement Value$257,784
Assessment Year2025

About this property

CHARMING one story home located just minutes from I-30 in Arlington, TX. This 3 bedroom, 2 bathroom home offers plenty of comfort and space. Out back, enjoy a fenced yard with a playset, covered porch, patio, and a storage shed. Inside, a welcoming foyer leads to a formal dining room with double door entry, allowing it to serve perfectly as a dining room or a home office. The cozy living room features a brick front fireplace, built in bookshelves, and cabinets that gives the room added storage and character. The eat-in kitchen includes a breakfast nook and comes with all of the major appliances. The split bedroom layout provides privacy, with the primary suite on one side featuring dual sinks, a tub-shower combo, and two walk in closets. The secondary bedrooms share a full bathroom with a tub-shower combo. The flooring throughout most of the home is ready for your personal touch, offering a blank canvas to make it your own. All of the majors are in great condition with roof, HVAC, and hot water heater all under 7 yrs old. Refrigerator will convey, which is less than 1 yrs old. New ceiling fans, light fixtures, kitchen cabinets, and more have already been completed. Seller is very motivated and willing to offer concessions for needed updates, negotiate, or pay your contractor directly at closing to complete your personal touches! What a deal?! SCHEDULE A TOUR TODAY and send us an offer! We would love to meet you at the closing table. Discounted rate options and no lender fee future refinancing may be available for qualified buyers of this home.

Investor Tools

Property Icon
$329,784
Estimated Property Value
$296,594Estimated Mortgage Balance
$33,190Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,979 /month
Positive
Cash Flow Estimate:
$660 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$423/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,424
$329,784
2025
$72,000
$257,784
$329,784
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,424
$329,784

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Unknown
$298,760
No
First
Dec 24, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$296,594
$33,190
10%
90%
$1,792/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,792/mo
+$135/mo
7.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

1631 Terrace St | Property Details | No Agent List