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$320,000

2508 Mardell Drive, Arlington, TX, 76016

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,020 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$158.42 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringBamboo, Carpet, Ceramic Tile

Exterior

Lot Size7,388 sqft

Building Information

Year Built1976
Stories2
Garage Spaces2

Land Information

APN18970-H-6
Lot Number6
SubdivisionHolly Hollows Addition #2 & 3
Land UseResidential
Legal DescriptionHOLLY HOLLOWS ADDITION #2 & 3 BLOCK H LOT 6
Census Tract121608
Assessed Land Value$56,392
Assessed Improvement Value$265,082
Assessment Year2025

About this property

Welcome Home to 2508 Mardell. Nestled in one of Arlington's most convenient and well-kept neighborhoods, this charming home combines some updates and great potential in a location that truly has it all. Quick access to four major highways makes DFW commuting effortless, while top-rated schools, shopping, restaurants, and entertainment are all just minutes away. The fully fenced yard offers privacy and room to enjoy the outdoors, and the covered patio is perfect to protect from the Texas sun. Inside, some of the flooring has been replaced with new bamboo plank flooring or wood-look tile. The spacious living room is anchored by a wood-burning brick fireplace and flows seamlessly into the kitchen and breakfast area — an open, connected layout today's buyers love. The kitchen features granite countertops, a window over the sink, a new microwave, and a new disposal. The garage adds rare bonus space at the back, ideal for hobbies, a workshop, or an extra refrigerator or freezer. Bonus space was finished out in the attic, adding extra square footage for an office or second living space. Partial updates, a wood-burning fireplace, granite kitchen, covered patio, fully fenced yard, and an unbeatable Arlington location — this one is ready for you to finish it out in your style. New roof in 2024 **Schedule your showing today before it's gone.**

Investor Tools

$265,217Estimated Mortgage Balance
$71,783Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,022 /month
Positive
Cash Flow Estimate:
$674 /month

Interested in this property?

Kelsey Hicks

ARC Realty DFW

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$726/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,028
$321,474
2025
$56,392
$265,082
$321,474
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,028
$321,474

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$276,450
No
First
Feb 27, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$265,217
$71,783
21%
79%
$1,658/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$1,658/mo
+$932/mo
9.2%

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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