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$148,925

NAL Estimated Property Value

2301 Balsam Drive M208, Arlington, TX, 76006

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths902 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$133.04 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1983

Land Information

APN--957C---M--208
Lot Number208
SubdivisionArlington Oaks Condominium
Land UseResidential
Legal DescriptionARLINGTON OAKS CONDOMINIUM BLOCK M LOT 208 & .00291320 OF COMMON AREA
Census Tract113115
Assessed Land Value$20,000
Assessed Improvement Value$128,925
Assessment Year2025

About this property

Great 2 bedroom Condo with 2 living areas. Recent updates include interior paint, wood floors, carpet, granite counter-top, walk-in shower, and double patio doors. Hotwater heater & HVAC replaced in the last 5 years. Community features 2 pools, assigned parking, and club house. Exterior of complex is in the process of being redone.

Investor Tools

Property Icon
$148,925
Estimated Property Value
$85,773Estimated Mortgage Balance
$63,152Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$894 /month
Positive
Cash Flow Estimate:
$298 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$341/month
$331/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,344
$148,925
2025
$20,000
$128,925
$148,925
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,344
$148,925

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guardian Mortgage Co Inc
Conventional
$93,750
No
First
Nov 12, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$85,773
$63,152
42%
58%
$563/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,620/mo
$894/mo
+$726/mo
13.1%

Learn About the Market: Opportunity in Texas

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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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2301 Balsam Drive M208 | Property Details | No Agent List