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$160,424

NAL Estimated Property Value

2428 Forest Brook Lane 1208, Arlington, TX, 76006

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths928 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$140.09 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator, Electric Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1985

Land Information

APN14401C---A--208
Lot Number208
SubdivisionForestbrook Condominium
Land UseResidential
Legal DescriptionFORESTBROOK CONDOMINIUM BLOCK A LOT 208 & .04111 OF COMMON AREA
Census Tract113116
Assessed Land Value$20,000
Assessed Improvement Value$140,424
Assessment Year2025

About this property

Loft style condo. Open floorplan with vaulted ceilings & cozy fireplace. Kitchen offers built in microwave, dishwasher, ss refrigerator, plenty of counter space, & breakfast bar. Ceramic Tile in wet areas, carpet throughout, Loft area can be 2nd living, bed, study, or office with large walk-in closet. Ceiling fans in each living area, skylight provides abundant natural light, Easy access to 360 and surrounding metroplex. Currently leased for 1125. Lease ends Dec 31 2021.

Investor Tools

Property Icon
$160,424
Estimated Property Value
$228,606Estimated Mortgage Balance
$160,424Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$963 /month
Positive
Cash Flow Estimate:
$321 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$220/month
$308/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,841
$160,424
2025
$20,000
$140,424
$160,424
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,841
$160,424

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Unknown
$124,699
No
First
Dec 20, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$228,606
N/A
0%
143%
$1,496/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,620/mo
$1,804/mo
$-184/mo
12.1%

City: Arlington

2428 Forest Brook Lane 1208 | Property Details | No Agent List