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$360,000

NAL Estimated Property Value

1724 Spring Lake Dr, Arlington, TX, 76012

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,878 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$133.12 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater
FlooringCarpet

Exterior

Lot Size7,340 sqft

Building Information

Year Built1978
Stories1
Garage Spaces2

Land Information

APN39920-2-26R1
Lot Number26R1
SubdivisionSpring Lake Addition
Land UseResidential
Legal DescriptionSPRING LAKE ADDITION BLOCK 2 LOT 26R1
Census Tract121615
Assessed Land Value$55,000
Assessed Improvement Value$241,784
Assessment Year2025

About this property

This one needs some updating, but great house in a very desirable neighborhood, close to shopping and sports entertainment venues. Drive to the Ranger or Cowboy games in minutes. UTA is a short distance away. Access to I-30 in minutes for commuting to Fort Worth or Dallas. Large living area with fireplace and vaulted wood ceiling. Wet bar. Master bedroom has 9 ft ceiling. Wooded lot and manageable size. This would make a great fix and flip or just update and live in it. Metal roof.

Investor Tools

Property Icon
$360,000
Estimated Property Value
$194,932Estimated Mortgage Balance
$165,068Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,160 /month
Positive
Cash Flow Estimate:
$720 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$549/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,782
$296,784
2025
$55,000
$241,784
$296,784
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,782
$296,784

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Umortgage Llc
Unknown
$208,080
No
First
Dec 13, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,932
$165,068
45%
54%
$1,248/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,248/mo
+$679/mo
6.4%

City: Arlington

1724 Spring Lake Dr | Property Details | No Agent List