$397,018
NAL Estimated Property Value515 Sunlight Drive, Arlington, TX, 76006
Off Market
Property Lead Type:
Off-Market ListHigh EquityMove-In Ready
Highlights
Interior
AppliancesDishwasher, Disposal, Double Oven, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker
FlooringLaminate
Exterior
Exterior FeaturesRain Gutters
Lot Size8,050 sqft
Building Information
Year Built1978
Stories1
Garage Spaces2
Land Information
APN34515-5-3
Lot Number3
SubdivisionRiver Oaks Addition (Arlington
Land UseResidential
Legal DescriptionRIVER OAKS ADDITION (ARLINGTON BLOCK 5 LOT 3
Census Tract113102
Assessed Land Value$75,000
Assessed Improvement Value$322,018
Assessment Year2025
About this property
With recent updates throughout, this 3 bed 2 bath home is move-in ready. It is within minutes of the Arlington entertainment district including The Ballpark and Cowboy’s Stadium. Enjoy the hot summer months by the backyard pool with plenty of privacy, and the cooler winter months by a beautiful indoor brick fireplace. Updates include new flooring throughout, new roof August 2018, new inside paint, and pool equipment updates. Come see this great Arlington home today!
Investor Tools
$397,018
Estimated Property Value
$264,092Estimated Mortgage Balance
$132,926Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,382 /month
Positive
Cash Flow Estimate:
$794 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$728/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,756
$397,018
2025
$75,000
$322,018
$397,018
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,756
$397,018
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Net 1 Funding Corp
Fha
$262,949
Yes
First
Jul 10, 2020
Aug 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$264,092
$132,926
33%
67%
$1,780/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,140/mo
$1,780/mo
+$360/mo
6.5%
