$328,000
NAL Estimated Property Value1703 Torch Drive, Arlington, TX, 76015
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave, Double Oven
FlooringCarpet, Ceramic Tile
Exterior
Exterior FeaturesStorage
Lot Size9,200 sqft
Building Information
Year Built1973
Stories1
Garage Spaces2
Land Information
APN42340-2-15
Lot Number15
SubdivisionTorch Homes Addition
Land UseResidential
Legal DescriptionTORCH HOMES ADDITION BLOCK 2 LOT 15
Census Tract111552
Assessed Land Value$58,200
Assessed Improvement Value$263,800
Assessment Year2025
About this property
Beautiful one story home in well established area of Arlington. Pride in ownership shows in this home featuring a gorgeous living room with wood burning fireplace. The formal dining room is the perfect size for any family and the 2nd and 3rd bedroom have good sized closets. Sit on your front porch and enjoy the nice neighborhood. The backyard features a very well built and maintained storage shed. Plenty of parking for the whole family with the rear entry garage and extra parking pad for more vehicle. Don't miss out, come inside and see your new home.
Investor Tools
$328,000
Estimated Property Value
$211,009Estimated Mortgage Balance
$116,991Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,968 /month
Positive
Cash Flow Estimate:
$656 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$759/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,473
$322,000
2025
$58,200
$263,800
$322,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,473
$322,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$235,600
No
First
Dec 2, 2020
Jan 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$211,009
$116,991
35%
64%
$1,413/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
$1,413/mo
+$677/mo
7.6%
