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$209,000

NAL Estimated Property Value

2162 E Arkansas Ln, Arlington, TX, 76014

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,200 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$187.5 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOther

Exterior

Lot Size3,276 sqft

Building Information

Year Built1984
Stories2
Garage Spaces1

Land Information

APN40683H-1-2
Lot Number2
SubdivisionSummer Place Twnhms Addition
Land UseResidential
Legal DescriptionSUMMER PLACE TWNHMS ADDITION BLOCK 1 LOT 2
Census Tract111557
Assessed Land Value$20,000
Assessed Improvement Value$142,330
Assessment Year2025

About this property

Seller Financing Available! Zoned to allow short term rentals and very close to entertainment district. Come take a look at this newly renovated townhome in a great location in Arlington! Featuring new windows and HVAC, this townhome will provide peace of mind and a blank canvas for its new owner to personalize while still being able to move in immediately and enjoy all the turnkey renovations, which include but are not limited to, new LVP flooring and carpet throughout the home and stylish fixtures. Both bathrooms and the kitchen have modern touches to go with any new decorations or touch ups, your mind can think of! The fenced in backyard provides privacy, and enough room for family gatherings, while being shaded by mature trees from virtually all sides.

Investor Tools

Property Icon
$209,000
Estimated Property Value
$118,324Estimated Mortgage Balance
$90,676Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$441/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,249
$162,330
2025
$20,000
$142,330
$162,330
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,249
$162,330

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ifp Fund I Llc
Building Or Construction Loan
$121,000
No
First
Feb 18, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$118,324
$90,676
43%
57%
$726/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,560/mo
$726/mo
+$834/mo
9.0%

City: Arlington

2162 E Arkansas Ln | Property Details | No Agent List