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$140,000

2824 Sherry St, Arlington, TX, 76014

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths935 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.73 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater
FlooringCarpet

Exterior

Lot Size5,110 sqft

Building Information

Year Built1987
Stories1
Garage Spaces1

Land Information

APN40683G-1-5
Lot Number5
SubdivisionSummer Place South Addition
Land UseResidential
Legal DescriptionSUMMER PLACE SOUTH ADDITION BLOCK 1 LOT 5
Census Tract111557
Assessed Land Value$20,000
Assessed Improvement Value$169,245
Assessment Year2025

About this property

Charming 2-bedroom, 2-bath duplex featuring a roof replaced in July 2024 and a fence replaced in September 2022. The interior includes carpeted floors throughout most areas, an electric stove, and HVAC. The living room boasts a cozy wood-burning fireplace, and there's a covered patio with an additional storage closet. The spacious layout offers plenty of room for comfort. This property is being sold as is. There is evidence of foundation work needed.

Investor Tools

Property Icon
$189,245
Estimated Property Value
$0Estimated Mortgage Balance
$189,245Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,135 /month
Positive
Cash Flow Estimate:
$378 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$424/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,136
$189,245
2025
$20,000
$169,245
$189,245
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,136
$189,245

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$189,245
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,560/mo
N/A
+$1,560/mo
9.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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2824 Sherry St | Property Details | No Agent List