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$324,000

NAL Estimated Property Value

5500 Grissom Dr, Arlington, TX, 76016

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,656 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$202.6 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop

Exterior

Lot Size9,222 sqft

Building Information

Year Built1976
Stories1
Garage Spaces2

Land Information

APN32460-B-4
Lot Number4
SubdivisionPineridge Estates
Land UseResidential
Legal DescriptionPINERIDGE ESTATES BLOCK B LOT 4
Census Tract121610
Assessed Land Value$58,225
Assessed Improvement Value$257,135
Assessment Year2025

About this property

Such a picturesque property. Large yard with beautiful landscaping. Located in Martín High school area. Open living dining area with a huge stacked stone fireplace. Formal Dining room that opens into the kitchen featuring granite. Bedrooms have lots of closet space and storage. Luminant flooring throughout. Updated bathrooms. Property has a covered patio that opens to enormous backyard....2024 updates: HVAC, Dishwasher. Interior and Exterior painted in Spring 2024. This home is ready for new buyers to call home.

Investor Tools

Property Icon
$324,000
Estimated Property Value
$308,753Estimated Mortgage Balance
$15,247Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,013 /month
Positive
Cash Flow Estimate:
$671 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$709/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,892
$315,360
2025
$58,225
$257,135
$315,360
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,892
$315,360

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Conventional
$318,725
No
First
Aug 29, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$308,753
$15,247
4%
95%
$1,911/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$1,911/mo
+$679/mo
9.6%

City: Arlington

5500 Grissom Dr | Property Details | No Agent List