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$256,000

NAL Estimated Property Value

2342 Kingsway Dr, Arlington, TX, 76012

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,592 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.13 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range

Exterior

Lot Size2,788 sqft

Building Information

Year Built2015
Garage Spaces1

Land Information

APN45734-4-21
Lot Number21
SubdivisionWesley Commons
Land UseResidential
Legal DescriptionWESLEY COMMONS BLOCK 4 LOT 21
Census Tract121613
Assessed Land Value$40,000
Assessed Improvement Value$173,100
Assessment Year2025

About this property

READY TO MOVE IN IMMEDIATELY. 2-story Townhome. Downstairs featured a living room, guest restroom, an open kitchen with door to backyard. Upstairs featured master suite and 2 secondary bdrm, Jack and Jill bath, laundry room, and a loft area that can be used as game room or office with plenty of closets. Great location, close to UTA, Arlington Memorial Park, Kindred Hospital, and ATT Stadium. REQUIREMENTS:18+ MUST COMPLETE APP AND FEE APPLIED. HOUSEHOLD GROSS INCOME 3X THE RENT, CLEAN BACKGROUND & DECENT CREDITS. GOOD RENTAL HISTORY. STABLE JOB. INCOME AND JOB MUST BE VERIFIED. SECURITY DEPOSIT & FIRST MONTH'S RENT TO MOVE IN. PET IS CASE BY CASE, NONREFUNDABLE PET DEPOSIT $400 per pet.

Investor Tools

Property Icon
$256,000
Estimated Property Value
$154,801Estimated Mortgage Balance
$101,199Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,536 /month
Positive
Cash Flow Estimate:
$512 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$622/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,185
$213,100
2025
$40,000
$173,100
$213,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,185
$213,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wintex Group Llc
Conventional
$159,800
No
First
Aug 29, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$154,801
$101,199
39%
60%
$959/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$959/mo
+$968/mo
9.0%

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.

Explore Texas Explore This Area
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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2342 Kingsway Dr | Property Details | No Agent List