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$334,000

NAL Estimated Property Value

3311 Somerset Dr, Arlington, TX, 76013

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,550 Sq Ft
price_per_sqft$232.19 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesSome Gas Appliances, Dishwasher, Electric Range, Disposal, Gas Water Heater, Plumbed For Gas
FlooringCarpet, Luxury Vinyl Plank

Exterior

Exterior FeaturesRain Gutters
Lot Size8,607 sqft

Building Information

Year Built1968
Stories1
Garage Spaces2

Land Information

APN47650-G-18
Lot Number18
SubdivisionWoodland West Addition
Land UseResidential
Legal DescriptionWOODLAND WEST ADDITION BLOCK G LOT 18
Census Tract111505
Assessed Land Value$68,880
Assessed Improvement Value$194,120
Assessment Year2025

About this property

HONEY, STOP THE CAR! Here is your chance to live in a completely renovated home in Arlington's historic Woodland West! This home has been meticulously maintained with pride, and now you have a chance to make it yours. 2022: Gut renovation with open concept living, including - new luxury vinyl flooring; new kitchen cabinets, appliances, granite countertops; new energy-efficient windows; primary bath brand new cabinets, walk-in shower, tiling and flooring; new HVAC units; new insulation blown into attic; new front yard sprinkler system installed; new plumbing clean-outs and main drain line from house to city line; new lighting fixtures; new doors 2025: New roof installation; new gutters 2026: New carpet in all bedrooms; new pex pipe in garage from hot water heater to washing machine; new garage ceiling; new front yard landscaping

Investor Tools

Property Icon
$334,000
Estimated Property Value
$258,090Estimated Mortgage Balance
$75,910Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,159 /month
Positive
Cash Flow Estimate:
$720 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$447/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,698
$263,000
2025
$68,880
$194,120
$263,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,698
$263,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Eustis Mortgage Corp
Conventional
$280,000
No
First
May 11, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$258,090
$75,910
22%
77%
$1,679/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,679/mo
+$248/mo
6.9%

City: Arlington

3311 Somerset Dr | Property Details | No Agent List