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$355,000

NAL Estimated Property Value

2223 Mediterranean Avenue, Arlington, TX, 76011

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,917 Sq Ft
price_per_sqft$143.45 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

BankruptcyOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Ice Maker, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size5,680 sqft

Building Information

Year Built1983
Stories2
Garage Spaces2

Land Information

APN31640-5-1
Lot Number1
SubdivisionPark Place North
Land UseResidential
Legal DescriptionPARK PLACE NORTH BLOCK 5 LOT 1
Census Tract113110
Assessed Land Value$55,000
Assessed Improvement Value$275,000
Assessment Year2025

About this property

Wonderful home on a landscaped, corner lot with beautiful curb appeal in a great north Arlington location! Quiet nhood with tree lined streets and well maintained homes. Numerous updates include entire kitchen remodel with ss appliances, new roof in 2020, all new windows, fresh paint, new carpet, exterior paint, and more! Downstairs boasts two large living areas with hardwoods & vaulted ceiling, updated wet bar, and spacious dining area. Upstairs includes a spacious master suite with vaulted ceiling & large master bath, and two split bedrooms with full bath. Two patios off the main living and kitchen area. Located minutes from the entertainment district, easy access to major highways, shopping and DFW airport!

Investor Tools

Property Icon
$355,000
Estimated Property Value
$252,406Estimated Mortgage Balance
$102,594Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,130 /month
Positive
Cash Flow Estimate:
$710 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$596/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,377
$330,000
2025
$55,000
$275,000
$330,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,377
$330,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Eustis Mortgage Corp
Fha
$270,019
Yes
First
Nov 14, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$252,406
$102,594
28%
71%
$1,692/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,692/mo
+$235/mo
6.5%

City: Arlington

2223 Mediterranean Avenue | Property Details | No Agent List