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$415,000

507 Moonrise Dr, Arlington, TX, 76002

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,800 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.21 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Lot Size6,247 sqft

Building Information

Year Built2007
Stories2
Garage Spaces2

Land Information

APN39762-A-39
Lot Number39
SubdivisionSouthwind Addition
Land UseResidential
Legal DescriptionSOUTHWIND ADDITION BLOCK A LOT 39
Census Tract111315
Assessed Land Value$60,000
Assessed Improvement Value$340,000
Assessment Year2025

About this property

Impressive, thoughtfully designed, two-story home with flowing open floor-plan. This well maintained home is located in the highly sought after Southwind Addition and zoned for some of the best schools in Mansfield ISD. Open the front door to a completely refreshed interior with a full interior repaint in neutral colors and brand new carpet. The kitchen has granite counters, plenty of cabinet space and opens to the living room with an array of windows for natural light. Spacious primary bedroom is on the first level & features a private ensuite bath with a double vanity, separate shower & large walk-in closet. The large back yard and covered patio round off the amenities. The community pool and fishing ponds are just blocks away for added enjoyment without the maintenance. Come see this home today! Click the Virtual Tour link to view the 3D walkthrough.

Investor Tools

Property Icon
$410,000
Estimated Property Value
$0Estimated Mortgage Balance
$410,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$914/month
$506/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,916
$400,000
2025
$60,000
$340,000
$400,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,916
$400,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$410,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,570/mo
$506/mo
+$3,064/mo
10.4%

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.

Explore Texas Explore This Area
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 Moonrise Dr | Property Details | No Agent List