Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$299,000

NAL Estimated Property Value

5807 Melstone Dr, Arlington, TX, 76016

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,614 Sq Ft
price_per_sqft$183.4 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven

Exterior

Lot Size7,296 sqft

Building Information

Year Built1978
Stories1
Garage Spaces2

Land Information

APN44705-3-3
Lot Number3
SubdivisionVillage Glen Estates Addition
Land UseResidential
Legal DescriptionVILLAGE GLEN ESTATES ADDITION BLOCK 3 LOT 3
Census Tract121610
Assessed Land Value$56,300
Assessed Improvement Value$193,700
Assessment Year2025

About this property

This charming home in SW Arlington beautifully combines comfort and style, nestled in a well-established neighborhood with an exemplary-rated elementary school. The inviting interior showcases decorator colors and split-style bedrooms for added privacy, while a spacious vaulted ceiling in the family room enhances the open feel. A delightful sunroom provides the perfect space for relaxation or a workout area. Surrounded by mature trees in both the front and back, the property offers a serene outdoor oasis near Lake Arlington. It's a wonderful opportunity for comfortable living in a highly desirable area! Job 22:28

Investor Tools

Property Icon
$299,000
Estimated Property Value
$211,037Estimated Mortgage Balance
$87,963Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$447/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,870
$250,000
2025
$56,300
$193,700
$250,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,870
$250,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Colonial National Mortgage
Fha
$178,703
Yes
First
Aug 14, 2017
Sep 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$211,037
$87,963
29%
71%
$1,468/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$1,468/mo
+$1,122/mo
10.4%

City: Arlington

5807 Melstone Dr | Property Details | No Agent List