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$498,000

2006 Channing Park Dr, Arlington, TX, 76013

Under ContractInfo
Beds3 Beds
Baths2 Bath
Baths2,499 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.28 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesRain Gutters, Lighting, Garden
Lot Size9,670 sqft

Building Information

Year Built2003
Stories1
Garage Spaces3

Land Information

APN24743-2-11
Lot Number11
SubdivisionManors Of Channing Park, The
Land UseResidential
Legal DescriptionMANORS OF CHANNING PARK, THE BLOCK 2 LOT 11
Census Tract122500
Assessed Land Value$86,022
Assessed Improvement Value$366,613
Assessment Year2025

About this property

Gorgeous and spacious one story home in the highly sought after gated community of Channing Park. This one owner garden home has an open layout with oversized living area, beautiful built-in cabinetry, gas fireplace, and plenty of natural light. The large adjacent kitchen is a chef’s dream with gas stovetop, granite countertops and granite sink. Primary bedroom is located in the back of the home offering extra privacy and is split from the other two bedrooms. The suite includes a spa-like bath with jetted tub, dual vanities, separate shower, and oversized walk-in closets. A dedicated home management area provides the ideal space for work or organization. The extended covered patio overlooks a lush landscape creating a peaceful retreat for relaxing or entertaining. Roof replacement in 2024, new hardwood floors, one and half car garage. Many other updates.

Investor Tools

$0Estimated Mortgage Balance
$493,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,988 /month
Positive
Cash Flow Estimate:
$996 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$756/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$452,635
2025
$86,022
$366,613
$452,635
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$452,635

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$452,635
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$600/mo
+$1,327/mo
4.7%

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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