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$254,000

NAL Estimated Property Value

2114 Reflection Bay Drive, Arlington, TX, 76013

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,676 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$128.28 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesTrash Compactor, Dishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting

Building Information

Year Built1985
Garage Spaces1

Land Information

APN33863C---A--405
Lot Number405
SubdivisionReflection Bay Condo On Lk Arl
Land UseResidential
Legal DescriptionREFLECTION BAY CONDO ON LK ARL BLOCK A LOT 405 & .033316 OF COMMON AREA
Census Tract121606
Assessed Land Value$40,000
Assessed Improvement Value$191,000
Assessment Year2025

About this property

Please see the transaction desk for a list of amenities. Incredible high rise Reflection Bay Condo with Lake Arlington views. 2 bedroom 2 bathroom with large open floor plan with plenty of natural light. Large kitchen with granite, lots of cabinet space and stainless steel appliances. Updated bathrooms with granite, master bath has separate shower and bath. Full access to the community pool, grill, work out room, and entertainment room equipped with full kitchen. Unit Comes with a covered parking space in the lower garage and a storage unit. This is the perfect low maintenance home you have been looking for!

Investor Tools

Property Icon
$254,000
Estimated Property Value
$216,435Estimated Mortgage Balance
$37,565Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,524 /month
Positive
Cash Flow Estimate:
$508 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$454/month
$595/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,173
$231,000
2025
$40,000
$191,000
$231,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,173
$231,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$189,000
No
First
Apr 7, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$216,435
$37,565
14%
85%
$1,418/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,456/mo
$2,013/mo
$-557/mo
6.9%

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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2114 Reflection Bay Drive | Property Details | No Agent List