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$300,000

NAL Estimated Property Value

508 Betsy Ross Dr, Arlington, TX, 76002

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,697 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$188.27 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher

Exterior

Lot Size7,518 sqft

Building Information

Year Built1984
Stories1
Garage Spaces2

Land Information

APN7789-16-5
Lot Number5
SubdivisionColonial Estates
Land UseResidential
Legal DescriptionCOLONIAL ESTATES BLOCK 16 LOT 5
Census Tract111542
Assessed Land Value$57,520
Assessed Improvement Value$237,464
Assessment Year2025

About this property

Welcome to this charming, happy hearted home! Exuding warmth from the moment you arrive, you'll be ready to move right in and begin making your own memories in this one owner, meticulously maintained, and well-loved property. The open floorplan is perfect for relaxing or entertaining. You'll love the vaulted ceilings in the living room w beautiful wood beams, and a cozy fireplace opening to a spacious kitchen-both rooms overlook the large backyard with private acreage beyond. A lush lawn in the front and back yard are perfect for people or pets to run barefoot. Don't miss the opportunity to make this rare gem your own. Schedule a showing today and be prepared to fall in love!

Investor Tools

Property Icon
$300,000
Estimated Property Value
$309,728Estimated 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
$1,917 /month
Positive
Cash Flow Estimate:
$639 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$662/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,447
$294,984
2025
$57,520
$237,464
$294,984
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,447
$294,984

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Fha
$318,621
Yes
First
Oct 25, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$309,728
N/A
0%
103%
$1,950/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$1,950/mo
+$930/mo
11.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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508 Betsy Ross Dr | Property Details | No Agent List