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B+
NoAgentList RatingHow are grades calculated? Info

$409,000

2218 Reedway Court, Arlington, TX, 76018

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,838 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$95.1 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker
FlooringCarpet, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size7,532 sqft

Building Information

Year Built1996
Stories2
Garage Spaces2

Land Information

APN20782M-2-59
Lot Number59
SubdivisionHunter Pointe Addition
Land UseResidential
Legal DescriptionHUNTER POINTE ADDITION BLOCK 2 LOT 59
Census Tract111562
Assessed Land Value$67,815
Assessed Improvement Value$331,565
Assessment Year2025

About this property

Beautifully updated home - Roof, flooring, paint (inside and out), new garage doors, AC, exterior siding all replaced within the last two years. Perfect layout with two flexible spaces near the entry perfect for study, formal living or formal dining. Large family room which is open to the breakfast and huge kitchen 40 cabinets & drawers, Fantastic storage throughout w 4 lg closets, easy attic access, ample storage. Master is down with great bath and huge closet. 3 bedrooms up with a nice 3rd living space which is perfect for kids or a gameroom. Convenient location close to 360, I-20, walking distance to TCC, great shopping and dining near by. Easy commute to Arlington Entertainment district and dfw airport

Investor Tools

Property Icon
$409,000
Estimated Property Value
$0Estimated Mortgage Balance
$173,841Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,454 /month
Positive
Cash Flow Estimate:
$818 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$769/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,187
$399,380
2025
$67,815
$331,565
$399,380
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,187
$399,380

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$262,163
Yes
First
Jun 18, 2019
Jul 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$235,159
$173,841
42%
57%
$1,635/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,690/mo
$2,035/mo
+$655/mo
7.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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2218 Reedway Court | Property Details | No Agent List