$331,000
NAL Estimated Property Value3705 Melstone Drive, Arlington, TX, 76016
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher
FlooringCarpet
Exterior
Exterior FeaturesDeck
Lot Size4,426 sqft
Building Information
Year Built1977
Stories1
Garage Spaces2
Land Information
APN44705-3-15
Lot Number15
SubdivisionVillage Glen Estates Addition
Land UseResidential
Legal DescriptionVILLAGE GLEN ESTATES ADDITION BLOCK 3 LOT 15
Census Tract121610
Assessed Land Value$35,424
Assessed Improvement Value$285,029
Assessment Year2025
About this property
Opportunity! Original home with loads of potential for new owners to update, make it their own and have instant equity. One of the largest homes in the neighborhood with 4 bedrooms, kitchen open to living room, 2 dining areas and sparkling pool situated on quiet cul de sac in Arlington's Village Glen. Easy cosmetic updates will brighten and freshen this home to make it current without any structural repairs or changes. A great covered patio overlooking a large pool and yard with room to garden, play or entertain. Charming curb appeal!
Investor Tools
$331,000
Estimated Property Value
$0Estimated Mortgage Balance
$331,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,986 /month
Positive
Cash Flow Estimate:
$662 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$722/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,004
$320,453
2025
$35,424
$285,029
$320,453
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,004
$320,453
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$331,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
N/A
+$2,590/mo
9.4%
