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$289,000

1916 Melissa Street, Arlington, TX, 76010

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,572 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$183.84 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Cooktop
FlooringCarpet, Laminate

Exterior

Lot Size7,797 sqft

Building Information

Year Built1956
Stories1
Garage Spaces2

Land Information

APN12720-8-12
Lot Number12
SubdivisionEltroy Heights Addition
Land UseResidential
Legal DescriptionELTROY HEIGHTS ADDITION BLOCK 8 LOT 12
Census Tract122002
Assessed Land Value$40,000
Assessed Improvement Value$236,921
Assessment Year2025

About this property

Step into this move-in ready home featuring an open floor plan and stylish updates throughout! The spacious living area and kitchen are finished with gorgeous wood-look laminate flooring, creating a cohesive space for entertaining or relaxing. The modern kitchen boasts quartz countertops, stainless steel appliances, and bright white cabinetry. Enjoy outdoor living at its finest with a fully fenced backyard and a large covered patio—ideal for hosting gatherings or unwinding. Located just 5 minutes from AT&T Stadium and Globe Life Field, this home offers unbeatable convenience for sports fans, commuters, and anyone wanting to be near the heart of Arlington’s entertainment district. Solar panels will be removed, unless the buyer would like ot take over the loan. Seller will finish the wall behind the TV in the hall. Don't miss your chance to own this turnkey home in a prime location—schedule your tour today!

Investor Tools

Property Icon
$293,000
Estimated Property Value
$0Estimated Mortgage Balance
$56,286Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,758 /month
Positive
Cash Flow Estimate:
$586 /month

Interested in this property?

Keller Williams Legacy

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$453/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,975
$276,921
2025
$40,000
$236,921
$276,921
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,975
$276,921

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$259,218
Yes
First
Nov 5, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$236,714
$56,286
19%
81%
$1,555/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,555/mo
+$372/mo
7.9%

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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1916 Melissa Street | Property Details | No Agent List