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$407,000

NAL Estimated Property Value

1703 Spring Lake Dr, Arlington, TX, 76012

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,688 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.88 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesTrash Compactor, Dishwasher, Disposal, Dryer, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
FlooringHardwood, Laminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Fire Pit, Lighting, Storage
Lot Size14,318 sqft

Building Information

Year Built1970
Stories2
Garage Spaces2

Land Information

APN39920-1-4
Lot Number4
SubdivisionSpring Lake Addition
Land UseResidential
Legal DescriptionSPRING LAKE ADDITION BLOCK 1 LOT 4
Census Tract121615
Assessed Land Value$18,400
Assessed Improvement Value$276,603
Assessment Year2025

About this property

Welcome to this beautiful, nicely maintained 4 bedroom, 2.5 bath split level home in the heart of Arlington. This lovely property boast 2 large living areas, each with a fireplace, including a family retreat with dry-wet bar area. Open floorplan in the living room, kitchen and dining room with tons of natural light, looking out to the spacious covered patio, giant pool and private wooded backyard. The kitchen features SS appliances, including gas range and refrigerator. The oversized primary bedroom boast a quaint sitting area which looks out to the large balcony. All this on a sprawling .87 acre lot in a well established neighborhood (see survey for combined lots totaling .8731). This special home is made for entertaining family and friends, while still very convenient to shopping, restaurants, entertainment and major highways. Updated flooring, newer roof and HVAC. Foundation work completed by previous owners. You don't want to miss this one!

Investor Tools

Property Icon
$407,000
Estimated Property Value
$189,288Estimated Mortgage Balance
$217,712Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,514 /month
Positive
Cash Flow Estimate:
$838 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$712/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,504
$295,003
2025
$18,400
$276,603
$295,003
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,504
$295,003

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cbc National Bank
Conventional
$242,250
No
First
Feb 25, 2016
Mar 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$189,288
$217,712
53%
47%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
N/A
+$2,385/mo
7.0%

City: Arlington

1703 Spring Lake Dr | Property Details | No Agent List