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$302,000

NAL Estimated Property Value

2511 Mardell Dr, Arlington, TX, 76016

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,332 Sq Ft
price_per_sqft$228.23 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

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

Exterior

Exterior FeaturesStorage
Lot Size7,196 sqft

Building Information

Year Built1974
Stories1
Garage Spaces2

Land Information

APN18970-J-5-A
Lot Number5
SubdivisionHolly Hollows Addition #2 & 3
Land UseResidential
Legal DescriptionHOLLY HOLLOWS ADDITION #2 & 3 BLOCK J LOT 5
Census Tract121608
Assessed Land Value$56,200
Assessed Improvement Value$145,650
Assessment Year2025

About this property

Fully remodeled 3 bedroom, 2 bathroom home in the heart of southwest Arlington! With new laminate flooring, fresh paint, and brand-new windows throughout, this home also features a fully renovated kitchen, complete with a chic bar area. The kitchen connects to the main living space which showcases elegant high ceilings and a beautiful new fireplace. Both the guest and primary bathrooms are fully updated with high end finishings. The spacious backyard includes a storage shed and plenty of space for dogs and kids to play. Conveniently located within 5 minutes of Lake Arlington and within a few miles of major highways, restaurants, schools, hospitals, and less than 20 minutes from the AT&T stadium, you don't miss out on this gem-schedule a tour today!

Investor Tools

Property Icon
$302,000
Estimated Property Value
$322,800Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,824 /month
Positive
Cash Flow Estimate:
$608 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$258/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,581
$201,850
2025
$56,200
$145,650
$201,850
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,581
$201,850

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mct Cu
Credit Line (Revolving) / Heloc
$32,600
No
First
Dec 10, 2020
Jan 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$322,800
N/A
0%
107%
$1,964/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$1,964/mo
+$626/mo
10.3%

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.

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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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2511 Mardell Dr | Property Details | No Agent List