Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$139,900

2109 Rainbow Drive 4420, Arlington, TX, 76011

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,025 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$136.49 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Refrigerator
FlooringVinyl

Building Information

Year Built1983

Land Information

APN-7515C--UU--4420
Lot Number4420
SubdivisionCloisters Condominiums, The
Land UseResidential
Legal DescriptionCLOISTERS CONDOMINIUMS, THE BLOCK UU LOT 4420 & .0022642 OF COMMON AREA
Census Tract113110
Assessed Land Value$30,000
Assessed Improvement Value$155,193
Assessment Year2025

About this property

Welcome to The Cloisters, one of Arlington’s most desirable gated condominium communities! This beautifully updated 2-bedroom, 2-bath condo offers 1,025 square feet of comfortable, low-maintenance living in an unbeatable location near AT&T Stadium, Globe Life Field, Texas Live!, Six Flags, and countless dining and entertainment options. Step inside to find luxury vinyl plank flooring, a spacious living room with a cozy wood-burning fireplace, and an open dining area perfect for everyday living or entertaining guests. The galley-style kitchen features Corian countertops, a breakfast bar, pantry, ample cabinet space, and includes the refrigerator. The primary suite offers an ensuite bath with dual sinks, built-in storage, and a linen closet, while the secondary bedroom features a walk-in closet and easy access to the second full bath. Additional conveniences include a full-size utility area and two assigned parking spaces. Residents enjoy the security of a gated community along with HOA-covered amenities that include water, sewer, trash, exterior maintenance, grounds maintenance, insurance, and full use of community facilities. Whether you’re a first-time homebuyer, downsizing, or searching for an investment opportunity, this move-in-ready condo delivers exceptional value in the heart of Arlington. Schedule your private showing today and experience convenient, lock-and-leave living at The Cloisters!

Investor Tools

$0Estimated Mortgage Balance
$185,193Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,111 /month
Positive
Cash Flow Estimate:
$370 /month

Interested in this property?

Mikaela Camacho

eXp Realty, LLC

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$415/month
$477/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,049
$185,193
2025
$30,000
$155,193
$185,193
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,049
$185,193

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$185,193
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,456/mo
$477/mo
+$979/mo
9.4%

City: Arlington

2109 Rainbow Drive 4420 | Property Details | No Agent List