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$379,000

NAL Estimated Property Value

518 Norwood Cir E, Arlington, TX, 76013

Off MarketInfo
Beds6 Beds
Baths6 Bath
Baths2,604 Sq Ft
DuplexDuplex
price_per_sqft$145.55 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size6,368 sqft

Building Information

Year Built1979
Stories2
Garage Spaces1

Land Information

APN30330-2-5
Lot Number5
SubdivisionNorwood Square
Land UseResidential
Legal DescriptionNORWOOD SQUARE BLOCK 2 LOT 5
Census Tract122500
Assessed Land Value$12,000
Assessed Improvement Value$329,507
Assessment Year2025

About this property

This is a great opportunity to live in one side and lease the other; or of course leasing both sides is an option. 520 side has been completely renovated and is ready to view. Minimal upgrades will be completed on 518 side. Upgrades on 520 include quartz countertops, new stove, newer hvac, furnace, and water heater. Nice laminate downstairs with tile in wet areas. Upstairs has very nice new carpet. This is an excellent property for your portfolio at a reasonable price

Investor Tools

Property Icon
$379,000
Estimated Property Value
$358,336Estimated Mortgage Balance
$20,664Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,370 /month
Positive
Cash Flow Estimate:
$790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$780/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,464
$341,507
2025
$12,000
$329,507
$341,507
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,464
$341,507

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$370,500
No
First
Jul 5, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$358,336
$20,664
5%
95%
$2,222/mo

City: Arlington

518 Norwood Cir E | Property Details | No Agent List