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$272,000

NAL Estimated Property Value

518 Lemon Dr, Arlington, TX, 76018

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,380 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$213.77 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Microwave
FlooringTile

Exterior

Lot Size5,602 sqft

Building Information

Year Built1985
Stories1
Garage Spaces2

Land Information

APN13510-69-8
Lot Number8
SubdivisionFairfield Addition
Land UseResidential
Legal DescriptionFAIRFIELD ADDITION BLOCK 69 LOT 8
Census Tract111540
Assessed Land Value$50,418
Assessed Improvement Value$201,625
Assessment Year2025

About this property

7 reasons to see this place! The slow-close cabinets are a disappointment for those who like to slam doors during temper tantrums. The quartz countertops gleam like a showroom piece, ideal for those who prefer admiring kitchens over using them. The split bedroom floor plan offers a great way to maintain distance from housemates while still living under the same roof. The shiplap electric fireplace features multi-colored fake flames, perfect for chilly nights when you want to pretend you're warming up by a real fire. Updated windows let in plenty of natural light, showcasing every crumb on the modern porcelain tile floors. The vaulted ceilings are so high they can catch those stray balloons from last year’s birthday party. The expansive backyard is perfect for ambitious landscaping projects you might never get around to. If you’re looking for a stunning, renovated home that will make your current place look like a dumpster fire, come check this one out!

Investor Tools

Property Icon
$272,000
Estimated Property Value
$0Estimated Mortgage Balance
$272,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,770 /month
Positive
Cash Flow Estimate:
$590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$572/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,509
$252,043
2025
$50,418
$201,625
$252,043
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,509
$252,043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$272,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,690/mo
N/A
+$2,690/mo
11.9%

City: Arlington

518 Lemon Dr | Property Details | No Agent List