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$432,000

NAL Estimated Property Value

2515 Mustang Drive, Arlington, TX, 76001

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,875 Sq Ft
price_per_sqft$109.57 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size6,669 sqft

Building Information

Year Built2003
Stories2
Garage Spaces2

Land Information

APN13572F-H-36
Lot Number36
SubdivisionFannin Farm West Addition
Land UseResidential
Legal DescriptionFANNIN FARM WEST ADDITION BLOCK H LOT 36
Census Tract111409
Assessed Land Value$65,000
Assessed Improvement Value$365,135
Assessment Year2025

About this property

This beautiful, one owner home, is looking for a new family to love! Be moved in by SPRING BREAK! With 4bds, 2.5baths, a large open game room, 2 living areas and 2 dining areas, your family will love every inch of this joyous home. A completely bricked home, granite countertops, tile backsplash and rich crown molding are just a few of the amenities. Located in the sought after Fannin Farms neighborhood, with close proximity to St. Paul's Preparatory and in Mansfield ISD, you'll enjoy peace and quiet without sacrificing convenience. Come walk through and see, just how well the current owner maintained and cared for 2515 Mustang Drive. Roof replaced in 2016 and both HVAC units replaced in 2019.

Investor Tools

Property Icon
$432,000
Estimated Property Value
$253,302Estimated Mortgage Balance
$178,698Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,592 /month
Positive
Cash Flow Estimate:
$864 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$813/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,601
$430,135
2025
$65,000
$365,135
$430,135
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,601
$430,135

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Va
$287,469
Yes
First
Apr 2, 2020
May 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$253,302
$178,698
41%
59%
$1,724/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,130/mo
$1,974/mo
+$1,156/mo
8.7%

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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2515 Mustang Drive | Property Details | No Agent List