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$214,000

NAL Estimated Property Value

2333 Sherry St, Arlington, TX, 76014

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,241 Sq Ft
price_per_sqft$1.43 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
FlooringCarpet, Laminate

Exterior

Lot Size2,945 sqft

Building Information

Year Built1984
Stories2
Garage Spaces1

Land Information

APN40683H-3-80
Lot Number80
SubdivisionSummer Place Twnhms Addition
Land UseResidential
Legal DescriptionSUMMER PLACE TWNHMS ADDITION BLOCK 3 LOT 80
Census Tract111556
Assessed Land Value$20,000
Assessed Improvement Value$176,000
Assessment Year2025

About this property

This beautifully updated two-story townhome is a prime opportunity for investors looking for a low-maintenance, income-producing property. The listing includes one side of a duplex, fully prepared to attract long-term tenants with its modern finishes. The adjacent unit is also available, offering a chance to own both sides and maximize rental income potential. Conveniently located just 0.5 miles from Sam Houston High School, 2.4 miles to I-20, 0.5 miles to SH-360, and minutes from major attractions like Epic Waters Indoor Water Park (2.6 miles), Six Flags Over Texas, and Hurricane Harbor (5 miles), this property’s location ensures tenants will appreciate both its accessibility and proximity to entertainment. The townhome boasts recent updates designed for minimal upkeep, featuring a kitchen with granite countertops, a breakfast bar, and updated appliances for a sleek, modern touch. The living area is highlighted by a charming wood-burning fireplace with a classic brick surround, creating a warm and inviting atmosphere. The functional layout includes a guest bedroom and full bathroom on the main floor, while the upstairs primary suite offers privacy with its own ensuite bath. Tenants will also benefit from two covered parking spaces conveniently located near the back entrance, ensuring ease and security. With rental rates in the neighborhood ranging between $1,600 and $1,800 per month, this property promises reliable cash flow and a strong return on investment. Seize this opportunity to invest in a turnkey property in a high-demand area. Whether you purchase one unit or both, this duplex is a smart choice for any investor.

Investor Tools

Property Icon
$214,000
Estimated Property Value
$163,550Estimated Mortgage Balance
$50,450Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,409 /month
Positive
Cash Flow Estimate:
$470 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$446/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,284
$196,000
2025
$20,000
$176,000
$196,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,284
$196,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$167,250
No
First
Feb 21, 2025
Mar 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$163,550
$50,450
23%
76%
$1,003/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,560/mo
$1,003/mo
+$557/mo
8.7%

City: Arlington

2333 Sherry St | Property Details | No Agent List