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$470,000

1902 Red Cypress Court, Arlington, TX, 76012

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,889 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.42 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave
FlooringCarpet, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size10,999 sqft

Building Information

Year Built1977
Stories1
Garage Spaces2

Land Information

APN32965-4-14
Lot Number14
SubdivisionPrestonwood Estates West
Land UseResidential
Legal DescriptionPRESTONWOOD ESTATES WEST BLOCK 4 LOT 14
Census Tract113108
Assessed Land Value$70,000
Assessed Improvement Value$375,769
Assessment Year2025

About this property

*OPEN HOUSES THIS WEEKEND: Saturday, May 16 - 12pm-2pm & Sunday, May 17 - 1pm-3pm* Nestled among mature trees on a quiet cul-de-sac, this beautifully maintained North Arlington home offers the perfect blend of comfort, privacy, and convenience! From the moment you arrive, you’ll love the peaceful setting and inviting atmosphere. Designed for both relaxing and entertaining, the home features an amazing composite deck patio with elegant Lentz lighting, creating the perfect outdoor retreat to start and end your day. The beautiful enclosed sunroom is temperature controlled, allowing you to enjoy the space year-round while overlooking the private backyard and stunning privacy fence. Inside, the flowing floor plan is filled with natural light, highlighted by all-new windows across the back of the home that bring the outdoors in. Whether hosting friends and family or enjoying a quiet evening at home, this property offers warmth, functionality, and effortless entertaining. Ideally located close to DFW Airport and the Entertainment District, you’ll enjoy quick access to dining, shopping, sports, and entertainment while still coming home to a peaceful neighborhood setting.

Investor Tools

Property Icon
$470,000
Estimated Property Value
$0Estimated Mortgage Balance
$470,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$702/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,070
$445,769
2025
$70,000
$375,769
$445,769
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,070
$445,769

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Union Federal Bank Of Indianapolis
N/A
$29,625
No
First
N/A
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$470,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
N/A
+$2,385/mo
6.1%

Learn About the Market: Opportunity in Texas

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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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