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$198,000

NAL Estimated Property Value

2328 Sherry St, Arlington, TX, 76014

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,078 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$185.44 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Refrigerator

Exterior

Lot Size2,762 sqft

Building Information

Year Built1984
Stories2
Garage Spaces1

Land Information

APN40683H-1-15
Lot Number15
SubdivisionSummer Place Twnhms Addition
Land UseResidential
Legal DescriptionSUMMER PLACE TWNHMS ADDITION BLOCK 1 LOT 15
Census Tract111557
Assessed Land Value$20,000
Assessed Improvement Value$150,454
Assessment Year2025

About this property

Bright and refreshed Arlington home with mature shade trees, inviting curb appeal, and a clean, move-in-ready interior. The main living area features vaulted ceilings, wood-look flooring, abundant natural light, and a cozy fireplace. The kitchen offers white cabinetry, updated countertops, black hardware, stainless steel appliances, and a functional layout connecting easily to the dining and living spaces. Spacious bedrooms include neutral finishes and updated ceiling fans, while the bathrooms feature refreshed vanities, fixtures, and tub-shower areas. Enjoy a private fenced patio plus rear covered parking with a two-car carport. Convenient location near major roads, shopping, dining, and area amenities. Buyer and buyer’s agent to verify all information, including schools, measurements, square footage, and property details.

Investor Tools

Property Icon
$198,000
Estimated Property Value
$107,400Estimated Mortgage Balance
$90,600Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,199 /month
Positive
Cash Flow Estimate:
$400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$393/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,726
$170,454
2025
$20,000
$150,454
$170,454
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,726
$170,454

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
$90,600
45%
54%
$660/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,560/mo
$660/mo
+$900/mo
9.5%

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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2328 Sherry St | Property Details | No Agent List