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$258,000

NAL Estimated Property Value

216 Hemlock Drive, Arlington, TX, 76018

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,341 Sq Ft
price_per_sqft$175.24 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesStorage
Lot Size5,994 sqft

Building Information

Year Built1984
Stories1
Garage Spaces2

Land Information

APN13510-48-8
Lot Number8
SubdivisionFairfield Addition
Land UseResidential
Legal DescriptionFAIRFIELD ADDITION BLOCK 48 LOT 8
Census Tract111541
Assessed Land Value$53,955
Assessed Improvement Value$198,840
Assessment Year2025

About this property

MULTIPLE OFFER DEADLINE Friday September 17th at 5pm!!! You will love this SUPER cute Fairfield addition home that has been well cared for almost 20 years by the same owners!!! Home has a great floor plan with a split master living suite, living room with a fireplace and vaulted ceiling, updated appliances in the kitchen, bedroom with french doors that makes a good home office-AND MORE!!! Home also features vinyl siding and recently replaced roof!!! Nice sized yard that is easy to maintain, yet large enough for entertaining, gardening, or kids to play!!! Great location just minutes to Interstate 20, Highway 360, major shopping areas, restaurants, AND MORE!!!

Investor Tools

Property Icon
$258,000
Estimated Property Value
$221,022Estimated Mortgage Balance
$36,978Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,548 /month
Positive
Cash Flow Estimate:
$516 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$435/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,926
$252,795
2025
$53,955
$198,840
$252,795
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,926
$252,795

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Unknown
$242,034
No
First
Oct 18, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$221,022
$36,978
14%
86%
$1,452/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,690/mo
$1,452/mo
+$1,238/mo
12.5%

City: Arlington

216 Hemlock Drive | Property Details | No Agent List