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$272,000

NAL Estimated Property Value

2118 Pennington Dr, Arlington, TX, 76014

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,452 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$192.84 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

BankruptcyOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Washer, Other

Exterior

Lot Size7,196 sqft

Building Information

Year Built1982
Stories1
Garage Spaces2

Land Information

APN3305-4-9
Lot Number9
SubdivisionBrandyridge
Land UseResidential
Legal DescriptionBRANDYRIDGE BLOCK 4 LOT 9
Census Tract111570
Assessed Land Value$64,791
Assessed Improvement Value$173,793
Assessment Year2025

About this property

Come and see this carefully curated and well maintained home in East Arlington, just a couple of miles away from the Grand Prairie Premium Outlets and both Arlington & Grand Prairie Municipal Airports. Easy access to I-20 also puts Six flags and At&t Stadium just a short drive away. Many windows light up the spacious living room from the front and the back and provides the dining room with natural light that nicely compliments the modern light fixtures all throughout. A nicely covered area on the backyard perfect for grilling and enjoying the elements. Generously sized rooms, specially the primary bedroom with a walk-in closet and dual sinks for comfortable morning routines. Solar panel loan would be assumed by buyer and would need to get approved by the solar company. Electric bill and the bills for the panels available upon request.

Investor Tools

Property Icon
$272,000
Estimated Property Value
$280,542Estimated Mortgage Balance
$272,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$417/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,643
$238,584
2025
$64,791
$173,793
$238,584
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,643
$238,584

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Va
$291,000
Yes
First
May 6, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$280,542
N/A
0%
103%
$1,745/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,060/mo
$1,745/mo
+$315/mo
9.1%

City: Arlington

2118 Pennington Dr | Property Details | No Agent List