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$300,000

517 Myrtle Drive, Arlington, TX, 76018

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,507 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.07 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size6,090 sqft

Building Information

Year Built1985
Stories2
Garage Spaces2

Land Information

APN13510-69-22
Lot Number22
SubdivisionFairfield Addition
Land UseResidential
Legal DescriptionFAIRFIELD ADDITION BLOCK 69 LOT 22
Census Tract111540
Assessed Land Value$54,837
Assessed Improvement Value$154,496
Assessment Year2025

About this property

Welcome home! Located in the heart of the metroplex. Spacious living room with cozy fireplace, opens to dining area. Large kitchen equipped with tons of cabinets, lots of countertop space, large windows for natural light and opens to the backyard. Both bathrooms have refinished countertops, master bath features double sinks. Fenced in backyard has a covered patio, perfect for entertaining and enjoying your new home!

Investor Tools

Property Icon
$274,000
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$553/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,267
$209,333
2025
$54,837
$154,496
$209,333
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,267
$209,333

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfr Managing Borrower Llc
Commercial
$294,750
No
First
Aug 25, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$274,169
N/A
0%
100%
$1,768/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,330/mo
$1,768/mo
+$1,562/mo
14.6%

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 Myrtle Drive | Property Details | No Agent List