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$342,000

NAL Estimated Property Value

2321 Charred Wood Dr, Arlington, TX, 76016

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,967 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$182.51 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range, Gas Water Heater, Microwave, Vented Exhaust Fan
FlooringCeramic Tile, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size7,270 sqft

Building Information

Year Built1976
Stories1
Garage Spaces2

Land Information

APN39170-A-10
Lot Number10
SubdivisionSmokerise Addition
Land UseResidential
Legal DescriptionSMOKERISE ADDITION BLOCK A LOT 10
Census Tract121608
Assessed Land Value$56,272
Assessed Improvement Value$235,728
Assessment Year2025

About this property

Don't miss this beautiful home with classic tudor-style curb appeal on a quiet tree-lined street, featuring a pool, great backyard, and feeding into highly sought-after Ditto Elementary. This home offers 3 spacious bedrooms, 2 full bathrooms, and a large living room with fireplace and vaulted ceilings. The large eat-in kitchen offers tons of storage, a pantry, and a great utility room with bonus pantry storage. The primary bedroom features a cedar-lined walk-in closet, and both secondary bedrooms feature window seats and walk-in closets as well. The backyard is an oasis with an in-ground pool, covered porch, and deck, as well as plenty of grass for play and pets! Located in West Arlington near Lake Arlington, the home has easy access to both I-20 and I-30 for commuting to either city. Come make this great house your own today!

Investor Tools

Property Icon
$342,000
Estimated Property Value
$334,801Estimated Mortgage Balance
$7,199Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,154 /month
Positive
Cash Flow Estimate:
$718 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$529/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,643
$292,000
2025
$56,272
$235,728
$292,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,643
$292,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Financial Services Llc
Fha
$338,751
Yes
First
Sep 29, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$334,801
$7,199
2%
98%
$2,031/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$2,031/mo
+$559/mo
9.1%

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.

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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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2321 Charred Wood Dr | Property Details | No Agent List