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$480,000

NAL Estimated Property Value

2112 Franklin Dr, Arlington, TX, 76011

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,050 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$136.07 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range
FlooringCarpet, Ceramic Tile

Exterior

Lot Size11,587 sqft

Building Information

Year Built1973
Stories2
Garage Spaces2

Land Information

APN31790-5A-21
Lot Number21
SubdivisionParkway Central Addition
Land UseResidential
Legal DescriptionPARKWAY CENTRAL ADDITION BLOCK 5A LOT 21
Census Tract113112
Assessed Land Value$71,500
Assessed Improvement Value$361,861
Assessment Year2025

About this property

INVESTOR SPECIAL!!!! PRICED TO SELL!!! GREAT OPPORTUNITY!!! REO by private lender. Quiet well established neighborhood in close proximity to Arlington's entertainment district. Dallas Cowboy stadium, Texas Ranger stadium, Six Flags, Hurricane Harbor water park, shopping and dining all nearby. DFW airport and University of Texas @ Arlington nearby as well. Home has really good bones. No major issues to our knowledge. Home just needs to be fully updated on the interior to get top dollar on a resale. But this home would make a great property for someone's rental portfolio as well. Maybe just do the basics in updating. Lots of options. So, bring your designer ideas and make this home a gem! At this price it will not last long. Schedule your appointment today!

Investor Tools

Property Icon
$480,000
Estimated Property Value
$0Estimated Mortgage Balance
$480,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,880 /month
Positive
Cash Flow Estimate:
$960 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$735/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,419
$433,361
2025
$71,500
$361,861
$433,361
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,419
$433,361

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$480,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
N/A
+$1,927/mo
4.8%

City: Arlington

2112 Franklin Dr | Property Details | No Agent List