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$205,000

NAL Estimated Property Value

2320 Sherry Street, Arlington, TX, 76014

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,078 Sq Ft
price_per_sqft$180.89 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Disposal
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesPrivate Yard
Lot Size2,840 sqft

Building Information

Year Built1984
Stories2
Garage Spaces1

Land Information

APN40683H-1-11
Lot Number11
SubdivisionSummer Place Twnhms Addition
Land UseResidential
Legal DescriptionSUMMER PLACE TWNHMS ADDITION BLOCK 1 LOT 11
Census Tract111557
Assessed Land Value$20,000
Assessed Improvement Value$142,238
Assessment Year2025

About this property

MODERN TOWNHOME LIVING IN ARLINGTON! 2 Beds – 2 Baths – Fireplace – Private Yard – Just $230,000! Located in Arlington ISD, this 1,078 sq ft two-story townhome offers a functional layout with a bright living area featuring a brick fireplace and cathedral ceilings. The kitchen includes built-in cabinets, electric cooktop, and dedicated dining space, making it ideal for everyday living. One bedroom is located on the main level, with the primary suite upstairs for added privacy. Interior features include decorative lighting, double vanity, and in-kitchen laundry area. Enjoy a private fenced backyard and covered patio, perfect for relaxing or entertaining. With no HOA and convenient access to major roads, shopping, and dining, this is a great opportunity for first-time buyers or investors.

Investor Tools

Property Icon
$205,000
Estimated Property Value
$107,400Estimated Mortgage Balance
$97,600Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,230 /month
Positive
Cash Flow Estimate:
$410 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$381/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,547
$162,238
2025
$20,000
$142,238
$162,238
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,547
$162,238

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ifp Fund I Llc
Commercial
$110,000
No
First
Feb 18, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$107,400
$97,600
47%
52%
$660/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,560/mo
$660/mo
+$900/mo
9.1%

City: Arlington

2320 Sherry Street | Property Details | No Agent List