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$249,000

NAL Estimated Property Value

408 Carswell Terrace, Arlington, TX, 76010

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,368 Sq Ft
price_per_sqft$146.13 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

BankruptcyOff-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Double Oven, Electric Cooktop, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCeramic Tile, Laminate

Exterior

Lot Size8,577 sqft

Building Information

Year Built1955
Stories1
Garage Spaces1

Land Information

APN32340-11-15
Lot Number15
SubdivisionPhillips Park Addition
Land UseResidential
Legal DescriptionPHILLIPS PARK ADDITION BLOCK 11 LOT 15
Census Tract122802
Assessed Land Value$40,000
Assessed Improvement Value$199,813
Assessment Year2025

About this property

See it before its gone. Fully remodeled home in the heart of Arlington, near University of Texas at Arlington. All new electrical wiring, meter, electrical panel, fixtures, tubs, toilets, cabinets, flooring, fresh paint inside and out, new roof, air conditioner recently replaced, new granite countertops in kitchen and baths, double oven and much more. Lots of space in this gorgeous home. Oversized fenced yard with large storage shed in back. Ready to move in and make your own. Inspection available. NO HOA

Investor Tools

Property Icon
$249,000
Estimated Property Value
$180,020Estimated Mortgage Balance
$68,980Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,494 /month
Positive
Cash Flow Estimate:
$498 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$372/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,222
$239,813
2025
$40,000
$199,813
$239,813
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,222
$239,813

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Scott Hopkins
Seller Carryback / Seller Financing / Seller Take-Back
$201,000
No
First
Dec 16, 2020
Jan 2023

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$180,020
$68,980
27%
72%
$1,206/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,206/mo
+$721/mo
9.3%

City: Arlington

408 Carswell Terrace | Property Details | No Agent List