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$263,409

NAL Estimated Property Value

2128 Reflection Bay Dr, Arlington, TX, 76013

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,475 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$169.49 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater, Microwave
FlooringCeramic Tile, Wood

Exterior

Private PoolPrivate Pool

Building Information

Year Built1985
Garage Spaces1

Land Information

APN33863C---A--707
Lot Number707
SubdivisionReflection Bay Condo On Lk Arl
Land UseResidential
Legal DescriptionREFLECTION BAY CONDO ON LK ARL BLOCK A LOT 707 & .029321 OF COMMON AREA
Census Tract121606
Assessed Land Value$40,000
Assessed Improvement Value$223,409
Assessment Year2025

About this property

If you are looking for a carefree, no maintanance lifestyle, look no further! Relax in this 7th floor unit and enjoy the beautiful lake views. This home has been updated throughout, including the kitchen cabinets and countertops, ceramic tile flooring and wood flooring, prmary bath vanity and secondary bath updates. All you need to do is move in and unpack and start enjoying! Secure community with gated access and secured entry into the building itself. Lovely grounds including a pool and parklike gazebo area for outdoor fun. Community cloubhouse is available for extra socializing events. Designated parking space and 4x5 storage building in the the covered garage. Just a short walk to Richard Simpson Park and the boat ramp.

Investor Tools

Property Icon
$263,409
Estimated Property Value
$0Estimated Mortgage Balance
$263,409Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,580 /month
Positive
Cash Flow Estimate:
$527 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$184/month
$709/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$890
$263,409
2025
$40,000
$223,409
$263,409
No

Tax History

Year
Tax Paid
Assessed Value
2024
$890
$263,409

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$263,409
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,456/mo
$709/mo
+$747/mo
6.6%

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.

Explore Texas Explore This Area
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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2128 Reflection Bay Dr | Property Details | No Agent List