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$252,000

NAL Estimated Property Value

507 Connally Ter, Arlington, TX, 76010

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,101 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$231.15 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDishwasher, Dryer, Gas Range, Microwave, Washer
FlooringWood

Exterior

Exterior FeaturesRain Gutters, Lighting, Storage, Other
Lot Size8,642 sqft

Building Information

Year Built1955
Stories1
Garage Spaces1

Land Information

APN32340-11-4
Lot Number4
SubdivisionPhillips Park Addition
Land UseResidential
Legal DescriptionPHILLIPS PARK ADDITION BLOCK 11 LOT 4
Census Tract122802
Assessed Land Value$40,000
Assessed Improvement Value$127,319
Assessment Year2025

About this property

BLACK FRIDAY SPECIAL! *contract on or before December 31st 2025. Located in the heart of Arlington, this home of the future has been tastefully updated featuring a mix of modern technology and designer finishes. It has been masterfully reinvented for the tech-savvy buyer including ceiling speakers throughout, integrated whole-home Lutron lighting control, IP surveillance cameras, Vivint security system, Ring doorbell, Nest thermostat, and an upgraded electrical panel that can support your electric car charger. It is also pre-wired for whole-home audio control, Dolby 7.4.2 surround sound and front projection in the Living Room, as well as CAT 5 6 prewires in EVERY room. Interior Design enthusiasts love the updated designer Kitchen, remodeled Bathrooms, floating soffit, custom closets, and the gorgeous original red oak floors. Storage space throughout including six closets, finished garage, two large outdoor sheds, and plenty of room in the privacy fenced backyard for projects, parties, and family time. This home is located 1.5 miles from downtown Arlington and the UTA campus, and less than 5 miles from World Class sports stadiums, concert venues, amusement parks, restaurants and theaters. Arlington was recently ranked the 7th safest large city in the United States as well as one of the most affordable. Call today for a tour of your new modern home!

Investor Tools

Property Icon
$252,000
Estimated Property Value
$258,251Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,527 /month
Positive
Cash Flow Estimate:
$509 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$459/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,252
$167,319
2025
$40,000
$127,319
$167,319
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,252
$167,319

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas State Affordable Hsng Corp
Stand Alone Second / Subordinate Position
$9,976
No
First
Feb 18, 2026
Feb 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$258,251
N/A
0%
102%
$1,556/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,556/mo
+$371/mo
9.2%

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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507 Connally Ter | Property Details | No Agent List