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$420,000

NAL Estimated Property Value

2502 Morningstar Ln, Arlington, TX, 76001

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,400 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.46 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Refrigerator
FlooringCeramic Tile, Laminate

Exterior

Lot Size6,813 sqft

Building Information

Year Built2003
Stories1
Garage Spaces2

Land Information

APN13572F-O-11
Lot Number11
SubdivisionFannin Farm West Addition
Land UseResidential
Legal DescriptionFANNIN FARM WEST ADDITION BLOCK O LOT 11
Census Tract111409
Assessed Land Value$65,000
Assessed Improvement Value$265,000
Assessment Year2025

About this property

Welcome to your new home in highly sought-after Fannin Farm West! This home offers a split floorplan with an office space that can be used as a 4th bedroom. The spacious primary suite provides a cozy retreat, while the kitchen's open layout, abundant counter space, and skylight are perfect for hosting gatherings. The house is also pre-wired for surround sound, bringing your entertainment to life! This quiet neighborhood with community pool is still just minutes away from the convenience of shopping, dining, and highway access. Comes equipped with the refrigerator.**Available for move-in April 1**

Investor Tools

Property Icon
$420,000
Estimated Property Value
$483,478Estimated Mortgage Balance
$420,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,520 /month
Positive
Cash Flow Estimate:
$840 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$657/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,779
$330,000
2025
$65,000
$265,000
$330,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,779
$330,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Financial Network Inc
Conventional
$267,790
No
First
Apr 20, 2021
May 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$483,478
N/A
0%
115%
$3,212/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,530/mo
$3,212/mo
$-682/mo
7.2%

City: Arlington

2502 Morningstar Ln | Property Details | No Agent List