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$356,000

NAL Estimated Property Value

515 Fossil Hill Drive, Arlington, TX, 76002

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,208 Sq Ft
price_per_sqft$144.93 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

BankruptcyOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Microwave, Plumbed For Ice Maker, Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size7,623 sqft

Building Information

Year Built2005
Stories2
Garage Spaces2

Land Information

APN14564-1-1
Lot Number1
SubdivisionFossil Lake Addition
Land UseResidential
Legal DescriptionFOSSIL LAKE ADDITION BLOCK 1 LOT 1
Census Tract111568
Assessed Land Value$50,000
Assessed Improvement Value$258,000
Assessment Year2025

About this property

Welcome home to this 3 bedrooms, 3 baths, 1.5 story home in Mansfield ISD. All bedrooms are located on the first floor and the spacious game room upstairs with it's own full bath. With updated level 5 granite countertops, oversized kitchen island, modern and sleek backsplash, brand new brush nickel faucets and fixtures, brand new smart thermostats dual zone for both levels, extended garage, extended patio, this open-concept design will please the pickiest buyer. Home is conveniently located near major highways such as Hwy 287, Texas 360 Toll, and I-20. Centrally located near Joe Pool Lake, Kroger, Sam's Club, Lynn Creek Park, and Tierra Verde Golf Club. BACK ON THE MARKET!!!

Investor Tools

Property Icon
$356,000
Estimated Property Value
$279,962Estimated Mortgage Balance
$76,038Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,136 /month
Positive
Cash Flow Estimate:
$712 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$636/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,848
$308,000
2025
$50,000
$258,000
$308,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,848
$308,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
East Capital Funding Llc
Conventional
$306,000
No
First
Nov 23, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$279,962
$76,038
21%
79%
$1,835/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,570/mo
$1,835/mo
+$1,735/mo
12.0%

City: Arlington

515 Fossil Hill Drive | Property Details | No Agent List