$395,000
NAL Estimated Property Value2621 Rivercrest Drive, Arlington, TX, 76006
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Electric Water Heater
FlooringCarpet, Ceramic Tile, Laminate
Exterior
Exterior FeaturesRain Gutters
Lot Size8,625 sqft
Building Information
Year Built1978
Stories2
Garage Spaces2
Land Information
APN34515-2-4
Lot Number4
SubdivisionRiver Oaks Addition (Arlington
Land UseResidential
Legal DescriptionRIVER OAKS ADDITION (ARLINGTON BLOCK 2 LOT 4
Census Tract113102
Assessed Land Value$75,000
Assessed Improvement Value$307,455
Assessment Year2025
About this property
This wonderful four bed, three bath home is move in ready! Enjoy the quiet, tree lined neighborhood while still living minutes from the Arlington entertainment district. The home is perfect for entertaining with an open living and dining room. New vinyl flooring was also just installed in the living area. Other recent updates include remodeled kitchen, bathroom updates, new carpets, and extensive landscaping.
Investor Tools
$395,000
Estimated Property Value
$228,961Estimated Mortgage Balance
$166,039Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,370 /month
Positive
Cash Flow Estimate:
$790 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$693/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,346
$382,455
2025
$75,000
$307,455
$382,455
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,346
$382,455
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Fha
$247,926
Yes
First
Mar 13, 2020
Apr 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$228,961
$166,039
42%
58%
$1,555/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
$1,555/mo
+$1,095/mo
8.1%
