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B+
NoAgentList RatingHow are grades calculated? Info

$276,000

1821 Melissa St, Arlington, TX, 76010

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,282 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$222.31 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesGas Range
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size12,837 sqft

Building Information

Year Built1956
Stories1
Garage Spaces1

Land Information

APN18110-21-16
Lot Number16
SubdivisionHighland Park Addition-Arlngtn
Land UseResidential
Legal DescriptionHIGHLAND PARK ADDITION-ARLNGTN BLOCK 21 LOT 16
Census Tract122100
Assessed Land Value$40,000
Assessed Improvement Value$130,000
Assessment Year2025

About this property

Stunning opportunity in the heart of Arlington, TX! Just a short stroll from vibrant attractions such as AT&T stadium, Rangers ballpark, Six Flags over Texas and much more! Home sits on an oversized lot and features a built-in carport and extra slab for additional parking or as an area for family gatherings. Step inside and you'll be greeted by a cozy fireplace in the living room, an elegant kitchen featuring granite countertops and a subway tile backsplash, shaker style cabinets, decorative lights and a gas range! The home boasts wood-look flooring throughout, the master bedroom features a walk-in closet with built in cabinets for extra storage. So much love has been poured into this home, come and check it out this weekend it will not last long!

Investor Tools

Property Icon
$276,000
Estimated Property Value
$279,837Estimated Mortgage Balance
$672Estimated Equity
-1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$425/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,715
$170,000
2025
$40,000
$130,000
$170,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,715
$170,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Vip Independent Mortgage Inc
Fha
$279,837
Yes
First
Jun 12, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$275,328
$672
0%
100%
$1,678/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,678/mo
+$249/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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1821 Melissa St | Property Details | No Agent List