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$314,000

NAL Estimated Property Value

3602 Grissom Drive, Arlington, TX, 76016

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,709 Sq Ft
price_per_sqft$137.51 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Plumbed For Ice Maker, Refrigerator, Warming Drawer
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size6,599 sqft

Building Information

Year Built1978
Stories1
Garage Spaces2

Land Information

APN32460-A-4
Lot Number4
SubdivisionPineridge Estates
Land UseResidential
Legal DescriptionPINERIDGE ESTATES BLOCK A LOT 4
Census Tract121610
Assessed Land Value$52,800
Assessed Improvement Value$236,200
Assessment Year2025

About this property

WOW!! Stunning 3 BR 2 bath home in sought after Pineridge Estates in Southwest Arlington! Beautifully tree-lined street! Award-Winning Arlington ISD! Open floor plan with laminate and tile floors, Granite and Tumble Marbled Backslash in updated kitchen. Newer appliances, windows, 2017 new roof and much much more! HUGE master bedroom offers space for sitting area or office! Mega storage with a walk in closet in EVERY ROOM! Large 2 car garage and HUGE spacious backyard great for entertaining with beautiful built in deck! Walking distance to Grocery Shopping, lake and easy access to I-20 and I-30 for a quick commute to DFW. Schools: Little Elementary, Young JH and Martin HS. MUST SEE!! THIS HOME WILL NOT LAST!

Investor Tools

Property Icon
$314,000
Estimated Property Value
$195,005Estimated Mortgage Balance
$118,995Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,884 /month
Positive
Cash Flow Estimate:
$628 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$551/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,042
$289,000
2025
$52,800
$236,200
$289,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,042
$289,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Great Western Financial Services Inc
Fha
$219,942
Yes
First
Jul 9, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$195,005
$118,995
37%
62%
$1,319/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$1,319/mo
+$1,271/mo
9.9%

City: Arlington

3602 Grissom Drive | Property Details | No Agent List