$400,000
2300 Springmere Dr, Arlington, TX, 76012
On Market
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesDishwasher, Disposal
FlooringCarpet, Wood
Exterior
Lot Size5,706 sqft
Building Information
Year Built2001
Stories2
Garage Spaces2
Land Information
APN3595-2R-6
Lot Number6
SubdivisionBrighton Village Addition
Land UseResidential
Legal DescriptionBRIGHTON VILLAGE ADDITION BLOCK 2R LOT 6
Census Tract113108
Assessed Land Value$70,000
Assessed Improvement Value$200,500
Assessment Year2025
About this property
Beautiful brick home VACANT!! Newly updated home ready for MOVE IN! Freshly painted interior and new carpet upstairs. Kitchen features granite countertops and stainless-steel appliances. Separate laundry room and two dining areas downstairs. Upstairs you have all bedrooms and a bonus room, perfect for a game room! Enjoy a fully fenced in backyard! This home is going to go FAST! Come see before it's GONE!
Investor Tools
$339,773Estimated Mortgage Balance
$79,828Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,502 /month
Positive
Cash Flow Estimate:
$834 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$572/month
$600/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,775
$270,500
2025
$70,000
$200,500
$270,500
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,775
$270,500
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Va
$372,781
Yes
First
Sep 30, 2021
Oct 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$339,773
$68,227
16%
81%
$2,236/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
$2,836/mo
$-451/mo
6.9%
