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$349,900

511 Road Runner Dr, Arlington, TX, 76002

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,076 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$168.55 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator, Water Softener
FlooringCarpet, Laminate, Tile, Vinyl

Exterior

Lot Size7,139 sqft

Building Information

Year Built2002
Stories1
Garage Spaces2

Land Information

APN25497-6-26
Lot Number26
SubdivisionMeadow Vista Estates Addition
Land UseResidential
Legal DescriptionMEADOW VISTA ESTATES ADDITION BLOCK 6 LOT 26
Census Tract111542
Assessed Land Value$64,287
Assessed Improvement Value$273,913
Assessment Year2025

About this property

4-2-2 Spacious home tucked away on a quiet street just a short easy walk to highly rated Pearcy STEM Academy as well as very conveniently close to the junior high and high school. Home is a 2002 build with a newer HVAC system and water heater. Home also has a 16x10 shed in the backyard with power which could be used for storage or a workshop.

Investor Tools

Property Icon
$338,200
Estimated Property Value
$255,000Estimated Mortgage Balance
$92,762Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,099 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$607/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,590
$338,200
2025
$64,287
$273,913
$338,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,590
$338,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aml Funding Llc
Conventional
$255,000
No
First
Apr 25, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$245,438
$92,762
27%
73%
$1,529/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$1,529/mo
+$1,351/mo
10.2%

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.

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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511 Road Runner Dr | Property Details | No Agent List