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$183,899

2104 Friendly Drive 2920, Arlington, TX, 76011

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,025 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$156 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Plumbed For Ice Maker, Refrigerator
FlooringCeramic Tile

Building Information

Year Built1982

Land Information

APN-7515C--DD--2920
Lot Number2920
SubdivisionCloisters Condominiums, The
Land UseResidential
Legal DescriptionCLOISTERS CONDOMINIUMS, THE BLOCK DD LOT 2920 & .0022642 OF COMMON AREA
Census Tract113110
Assessed Land Value$30,000
Assessed Improvement Value$153,899
Assessment Year2025

About this property

Beautifully remodeled second story condominium in the Cloisters with vaulted ceilings and a floor to ceiling brick fireplace. The kitchen and bathrooms feature extensive tile work and granite counter tops. The inviting master suite has a dream bathroom with incredible tile, an oversized shower with seamless glass, a walk-in closet, and doors leading to the balcony. All of the fixtures and flooring were updated. The HVAC was replaced a few years ago. Two designated parking spaces, 29E. This complex is minutes from I-30 and the entertainment district and features multiple pools, tennis courts, club house, and plenty of green space.

Investor Tools

Property Icon
$183,899
Estimated Property Value
$0Estimated Mortgage Balance
$39,523Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,103 /month
Positive
Cash Flow Estimate:
$368 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$182/month
$281/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,263
$183,899
2025
$30,000
$153,899
$183,899
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,263
$183,899

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citybank
Conventional
$150,000
No
First
Apr 25, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$144,376
$39,523
21%
79%
$900/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,456/mo
$1,181/mo
+$275/mo
9.5%

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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2104 Friendly Drive 2920 | Property Details | No Agent List