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$432,000

NAL Estimated Property Value

1916 Parktree Dr, Arlington, TX, 76001

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,918 Sq Ft
price_per_sqft$140.51 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Double Oven
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size8,734 sqft

Building Information

Year Built1996
Stories2
Garage Spaces3

Land Information

APN13572-13-9
Lot Number9
SubdivisionFannin Farm Addition
Land UseResidential
Legal DescriptionFANNIN FARM ADDITION BLOCK 13 LOT 9
Census Tract111407
Assessed Land Value$65,000
Assessed Improvement Value$340,500
Assessment Year2025

About this property

Step into a light-filled living space where large windows illuminate the open floor plan. The living room is perfect for family gatherings, providing a setting for relaxation. The kitchen features quartz countertops, stainless steel appliances, and ample cabinet space. The master bedroom features a generous walk-in closet and ensuite bathroom. Enjoy a soak in the tub or a quick refresh in the separate shower. 3 additional bedrooms give you all the space you need for a growing family. Entertain guests in the backyard, or relax in the sunroom. The patio is ideal for barbecues and looks onto a spacious yard. Situated in a family-friendly neighborhood, this home is conveniently located near parks, schools, and shopping centers. Walking trail in the neighborhood! Commuting is a breeze with easy access to major highways, making Arlington's attractions and the greater Dallas-Fort Worth area easily accessible. Don't miss the opportunity to make 1916 Parktree Drive your new home.

Investor Tools

Property Icon
$432,000
Estimated Property Value
$393,292Estimated Mortgage Balance
$38,708Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,592 /month
Positive
Cash Flow Estimate:
$864 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$821/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,696
$405,500
2025
$65,000
$340,500
$405,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,696
$405,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Right Start Mortgage Inc
Fha
$402,573
Yes
First
Jan 26, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$393,292
$38,708
8%
91%
$2,463/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,130/mo
$2,763/mo
+$367/mo
8.7%

City: Arlington