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$334,790

NAL Estimated Property Value

205 Milton Dr, Arlington, TX, 76002

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,782 Sq Ft
price_per_sqft$187.99 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Water Heater

Exterior

Private PoolPrivate Pool
Lot Size7,797 sqft

Building Information

Year Built1998
Stories1
Garage Spaces2

Land Information

APN25134-2-3
Lot Number3
SubdivisionMatlock Estates Addition
Land UseResidential
Legal DescriptionMATLOCK ESTATES ADDITION BLOCK 2 LOT 3
Census Tract111568
Assessed Land Value$55,000
Assessed Improvement Value$279,790
Assessment Year2025

About this property

Welcome to 205 Milton Drive in the desirable Matlock Estates community of Arlington! This charming 4-bedroom, 2-bathroom single-story home offers 1,782 sq. ft. of living space on a generous 7,797 sq. ft. lot. Step inside to an inviting open layout filled with natural light, featuring a spacious living room that flows into the dining area and kitchen — perfect for entertaining. The primary suite includes a private bath and walk-in closet, while three additional bedrooms provide plenty of space for family, guests, or a home office. Outside, the large backyard is ready for your personal touch — ideal for gatherings, playtime, or even a future pool. An attached 2-car garage adds extra storage and convenience. Located in Southeast Arlington with easy access to shopping, dining, parks, and major highways, this home is also zoned to the highly rated Mansfield ISD, including Timberview High School. Move-in ready and filled with potential, this property is the perfect blend of comfort, location, and value. Don’t miss your chance — schedule a showing today!

Investor Tools

Property Icon
$334,790
Estimated Property Value
$248,187Estimated Mortgage Balance
$86,603Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,010 /month
Positive
Cash Flow Estimate:
$670 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$560/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,041
$334,790
2025
$55,000
$279,790
$334,790
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,041
$334,790

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Change Lending Llc
Conventional
$250,000
No
First
Dec 31, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$248,187
$86,603
25%
74%
$1,499/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,570/mo
$1,499/mo
+$2,071/mo
12.8%

Learn About the Market: Opportunity in Texas

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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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205 Milton Dr | Property Details | No Agent List