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$348,635

NAL Estimated Property Value

517 Fossil Lake Ct, Arlington, TX, 76002

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,075 Sq Ft
price_per_sqft$163.86 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Range
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size5,920 sqft

Building Information

Year Built2002
Stories1
Garage Spaces2

Land Information

APN14564-3-52
Lot Number52
SubdivisionFossil Lake Addition
Land UseResidential
Legal DescriptionFOSSIL LAKE ADDITION BLOCK 3 LOT 52
Census Tract111568
Assessed Land Value$50,000
Assessed Improvement Value$298,635
Assessment Year2025

About this property

Discover this charming, move-in ready home nestled in the desirable Fossil Lake community. This 4-bedroom, 2-bathroom brick home offers comfort, convenience, and a warm sense of pride in ownership—this was the seller’s very first home, making it rich with sentimental value and well cared for over the years. Located in the sought-after Mansfield ISD and perfectly positioned between Cooper and 360, this beautiful residence boasts an open-concept layout with vaulted ceilings and two spacious living area. The family room features a cozy fireplace and large windows that frame views of the landscaped backyard . The interiors are adorned with a blend of gorgeous carpet, tile, and laminate flooring, as well as stylish decorative lighting and ceiling fans throughout. The primary suite is a true retreat, offering a generous bedroom space and a private ensuite bath complete with a separate shower and relaxing garden tub. Each additional bedroom provides ample room and versatility for family, guests, or a home office. Step outside into the backyard, ideal for gardening, entertaining, or simply enjoying a quiet evening under the stars. The home sits on an interior lot within a cul de sac and includes practical upgrades like ridge vent roofing for better airflow. Smart features enhance daily living, including a WiFi-enabled garage door and an iPad thermostat. With excellent area amenities and easy access to shopping, dining, and major thoroughfares, this home is convenient to everywhere you want to be. Plenty updates including new countertops in both bathrooms, fresh paint throughout, new flooring, and much more. The pictures do no justice. You must see this one in person!! Don't miss the chance to make this cherished home your own! Discounted rate options and no lender fee future refinancing may be available for qualified buyers of this home.

Investor Tools

Property Icon
$348,635
Estimated Property Value
$250,127Estimated Mortgage Balance
$98,508Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,092 /month
Positive
Cash Flow Estimate:
$697 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$619/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,685
$348,635
2025
$50,000
$298,635
$348,635
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,685
$348,635

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swift Home Loans Inc
Conventional
$255,000
No
First
Apr 30, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$250,127
$98,508
28%
72%
$1,529/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,570/mo
$1,529/mo
+$2,041/mo
12.3%

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.

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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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517 Fossil Lake Ct | Property Details | No Agent List