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$394,000

NAL Estimated Property Value

2003 Merritt Way, Arlington, TX, 76018

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,315 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$189.2 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

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

Exterior

Exterior FeaturesPrivate Yard
Lot Size7,183 sqft

Building Information

Year Built1999
Stories1
Garage Spaces2

Land Information

APN20782M-1-78
Lot Number78
SubdivisionHunter Pointe Addition
Land UseResidential
Legal DescriptionHUNTER POINTE ADDITION BLOCK 1 LOT 78
Census Tract111562
Assessed Land Value$64,683
Assessed Improvement Value$268,317
Assessment Year2025

About this property

Don’t Let This Home’s Age Fool You – It’s Brand-New Inside & Out! Welcome to this fully reimagined 4-bedroom, 2-bath showpiece in Arlington’s sought-after Hunter Pointe Addition. Every inch of this home has been rebuilt, refreshed, and refined—brick, cabinets, counters, floors, roof, AC—nothing was left untouched. Step into a bright, open layout with soaring 11-foot ceilings, abundant natural light, and seamless flow from room to room. The spacious primary suite offers a peaceful retreat, while the fully updated bathrooms and generous secondary bedrooms give everyone their own space to enjoy. The heart of the home—a sleek, modern kitchen with quartz countertops and brand-new cabinetry—opens to an inviting living space perfect for gatherings. Outside, the backyard is ready for quiet evenings or lively get-togethers. Major upgrades include: Brand-new brick exterior, All-new cabinetry & quartz countertops,New flooring throughout, New roof & 5-ton AC system, High-end insulation for superior efficiency, Energy-efficient gas tankless water heater, Smart-home wiring throughout Located minutes from Arlington’s best shopping, dining, parks, and entertainment—AT&T Stadium, Globe Life Field, Joe Pool Lake, and The Parks Mall—this home delivers both convenience and lifestyle. Move-in ready, turnkey perfect—this is the rare new home you’ve been waiting for!

Investor Tools

Property Icon
$394,000
Estimated Property Value
$420,634Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,628 /month
Positive
Cash Flow Estimate:
$876 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$259/month
$277/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,138
$333,000
2025
$64,683
$268,317
$333,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,138
$333,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Bank Of New York Mellon Trust Co Na
Stand Alone Second / Subordinate Position
$12,396
No
First
Sep 19, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$420,634
N/A
0%
107%
$2,553/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,690/mo
$2,830/mo
$-140/mo
8.2%

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.

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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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2003 Merritt Way | Property Details | No Agent List