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$219,000

NAL Estimated Property Value

2335 Sherry St, Arlington, TX, 76014

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,149 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$198.43 / 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, Dryer, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Refrigerator
FlooringCarpet

Exterior

Lot Size2,862 sqft

Building Information

Year Built1984
Stories2
Garage Spaces1

Land Information

APN40683H-3-79
Lot Number79
SubdivisionSummer Place Twnhms Addition
Land UseResidential
Legal DescriptionSUMMER PLACE TWNHMS ADDITION BLOCK 3 LOT 79
Census Tract111556
Assessed Land Value$20,000
Assessed Improvement Value$197,794
Assessment Year2025

About this property

This charming 2-bedroom, 2-bathroom townhome presents an ideal opportunity for both investors and homeowners seeking affordability, convenience, and low-maintenance living. With updates already in place and a lease secured through July 2025, this property is a move-in-ready investment or homeownership solution. Key features and recent updates include; New roof, New interior HVAC unit, New Flooring including luxury vinyl plank flooring on the lower level and plush new carpet upstairs. But that is not all!! The kitchen features new granite countertops, new sinks, fixtures, garbage disposal, and a brand-new dishwasher. The benefits keep going! No HOA: Enjoy hassle-free ownership without the burden of additional fees. Flexible Options for Buyers: The seller is open to contributing toward buyer expenses or offering a rate buy-down to help lower your interest rate! Prime Location: Situated near I-20 and SH-360, this townhome offers quick access to major highways and is just 10 minutes from Arlington’s entertainment district, including Globe Life Field and AT&T Stadium. Additionally, both units in this townhome complex are available for purchase at similar pricing, offering an excellent opportunity to secure a second property. Details are available upon request. Whether you're looking for steady rental income or a budget-friendly home, this townhome is ready to meet your needs. Schedule a showing today and explore its potential!

Investor Tools

Property Icon
$219,000
Estimated Property Value
$436,569Estimated Mortgage Balance
$219,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,368 /month
Positive
Cash Flow Estimate:
$456 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$488/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,760
$217,794
2025
$20,000
$197,794
$217,794
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,760
$217,794

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$218,250
No
First
Jul 31, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$436,569
N/A
0%
199%
$2,658/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,560/mo
$2,658/mo
$-1,098/mo
8.5%

City: Arlington

2335 Sherry St | Property Details | No Agent List