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$281,000

NAL Estimated Property Value

2603 Colleen Dr, Arlington, TX, 76016

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,441 Sq Ft
price_per_sqft$187.37 / sqft
Year BuiltBuilt in 1976

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, Electric Cooktop, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size7,436 sqft

Building Information

Year Built1976
Stories1
Garage Spaces2

Land Information

APN18970-C-11
Lot Number11
SubdivisionHolly Hollows Addition #2 & 3
Land UseResidential
Legal DescriptionHOLLY HOLLOWS ADDITION #2 & 3 BLOCK C LOT 11
Census Tract121608
Assessed Land Value$56,440
Assessed Improvement Value$196,544
Assessment Year2025

About this property

This three bedroom home has lots of appeal with a large living area, generous master including a walk-in closet, and a kitchen that is cheery and bright. The dining area opens to the patio and deck. The home has a new HVAC unit, brand new hot water heater, new garage door springs and a new microwave. There is a beautiful fireplace in the living room as well This is a well sought of neighborhood in the middle of Arlington and the home is well taken care of. Entertain in the large back yard! Snuggled into an established neighborhood in Arlington, you are close to everything the Metroplex has to offer! Priced to sell, this gem won't last long!! MULTIPLE OFFERS JUST RECEIVED! SEND HIGHEST AND BEST BY TUESDAY 24TH 4PM

Investor Tools

Property Icon
$281,000
Estimated Property Value
$200,432Estimated Mortgage Balance
$80,568Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,686 /month
Positive
Cash Flow Estimate:
$562 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$445/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,929
$252,984
2025
$56,440
$196,544
$252,984
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,929
$252,984

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$206,250
No
First
Oct 23, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$200,432
$80,568
28%
71%
$1,237/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$1,237/mo
+$1,353/mo
11.1%

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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