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$250,000

5811 Terra Dr, Arlington, TX, 76017

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,376 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.69 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Absentee OwnerHigh Equity

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, Double Oven
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size6,621 sqft

Building Information

Year Built1986
Stories1
Garage Spaces2

Land Information

APN40345-4-20
Lot Number20
SubdivisionSterling Green Addition
Land UseResidential
Legal DescriptionSTERLING GREEN ADDITION BLOCK 4 LOT 20
Census Tract111533
Assessed Land Value$55,000
Assessed Improvement Value$234,189
Assessment Year2025

About this property

Welcome to this charming home tucked away on a quiet cul-de-sac beneath mature trees, offering a wonderful opportunity to make it your own. Inside, the spacious living room features beautiful crown molding, built-in bookshelves and a cozy fireplace with a mantle and hearth, creating a warm and inviting gathering space. The galley-style kitchen offers a double oven and microwave, with a conveniently located laundry room nearby. The home features three nicely sized bedrooms, including a primary suite with a private bath featuring a sunken tub and two separate closets. Step outside to enjoy the private backyard and covered patio, perfect for relaxing or entertaining. An attached two-car garage provides additional storage and convenience. Ideally located near Stovall Park, where you can enjoy biking, equestrian and hiking trails, shuffleboard, volleyball, basketball and the nearby Family Aquatic Center. Convenient shopping and restaurants are also close by, with easy access to I-20 for commuting throughout the Metroplex. With its established setting, functional layout and timeless details, this home is ready for its next owner to bring their vision and make it their own.

Investor Tools

$24,779Estimated Mortgage Balance
$264,670Estimated Equity
91% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,735 /month
Positive
Cash Flow Estimate:
$578 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$177/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$674
$289,189
2025
$55,000
$234,189
$289,189
No

Tax History

Year
Tax Paid
Assessed Value
2025
$674
$289,189

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Principal Residential Mortgage Inc
Fha
$71,684
Yes
First
Jul 25, 2003
Aug 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$24,779
$264,410
91%
9%
$430/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,010/mo
$430/mo
+$1,580/mo
8.3%

City: Arlington

5811 Terra Dr | Property Details | No Agent List