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$226,000

5502 Cold Springs Drive, Arlington, TX, 76017

$253,557 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,953 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$115.72 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Microwave, Plumbed For Ice Maker, Electric Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size7,388 sqft

Building Information

Year Built1985
Stories2
Garage Spaces2

Land Information

APN43960-17-15R
Lot Number15R
SubdivisionTurf Club Estates Addition
Land UseResidential
Legal DescriptionTURF CLUB ESTATES ADDITION BLOCK 17 LOT 15R
Census Tract111533
Assessed Land Value$50,000
Assessed Improvement Value$237,000
Assessment Year2025

About this property

This beautifully updated Arlington home in Mansfield ISD will not disappoint! Highlights include vaulted ceilings, granite countertops, an open concept floor plan, a wet bar, a wood-burning brick fireplace in the living area, spacious bedrooms, a garden tub in the master onsuite, an open deck overlooking the grassy backyard, and so much more! This home is also located to several parks and has easy access to I-20. Don't miss out on this must-see home!

Investor Tools

Property Icon
$341,000
Estimated Property Value
$0Estimated Mortgage Balance
$143,544Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$253,556
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,046 /month
Positive
Cash Flow Estimate:
$682 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$550/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,893
$287,000
2025
$50,000
$237,000
$287,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,893
$287,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Unknown
$230,463
No
First
Mar 27, 2019
Apr 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$197,456
$143,544
42%
58%
$1,382/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,010/mo
$1,382/mo
+$628/mo
7.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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