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$255,000

NAL Estimated Property Value

502 Bellevue Ln, Arlington, TX, 76012

Off MarketInfo
CommercialInfo
Beds3 Beds
Baths3 Bath
Baths1,764 Sq Ft
price_per_sqft$1,473.92 / sqft
Year BuiltBuilt in 2015

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size3,398 sqft

Building Information

Year Built2015
Garage Spaces1

Land Information

APN45734-4-31
Lot Number31
SubdivisionWesley Commons
Land UseResidential
Legal DescriptionWESLEY COMMONS BLOCK 4 LOT 31
Census Tract121613
Assessed Land Value$40,000
Assessed Improvement Value$196,950
Assessment Year2025

About this property

This 10 townhome portfolio is an excellent buy sitting on large lots, minutes from AT&T stadium and in the heart of Arlington! A great NOI and Cap Rate that has the potential to be significantly improved. All built in 2015 so each townhome is very energy efficient. All units are tenant occupied with standard 12 month leases and most tenants are long term. Portfolio is able to be split up to purchase with certain rules conforming to closing. See agent for details.

Investor Tools

Property Icon
$255,000
Estimated Property Value
$171,947Estimated Mortgage Balance
$83,053Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$15,600 /month
Positive
Cash Flow Estimate:
$5,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$645/month
$1,500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,468
$236,950
2025
$40,000
$196,950
$236,950
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,468
$236,950

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wintex Group Llc
Conventional
$177,500
No
First
Aug 29, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$171,947
$83,053
32%
67%
$1,065/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$2,565/mo
$-638/mo
9.1%

Learn About the Market: Opportunity in Texas

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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.

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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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502 Bellevue Ln | Property Details | No Agent List