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$236,005

NAL Estimated Property Value

601 Connally Terrace, Arlington, TX, 76010

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,256 Sq Ft
price_per_sqft$105.89 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Microwave, Plumbed For Ice Maker, Refrigerator
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size8,642 sqft

Building Information

Year Built1955
Stories1
Garage Spaces1

Land Information

APN32340-11-3
Lot Number3
SubdivisionPhillips Park Addition
Land UseResidential
Legal DescriptionPHILLIPS PARK ADDITION BLOCK 11 LOT 3
Census Tract122802
Assessed Land Value$40,000
Assessed Improvement Value$196,005
Assessment Year2025

About this property

*Investor Special. Selling AS-IS* Got enough meat on the bone. Price reduced to reflect repairs needed. This recently semi-updated home HAS a new roof 12-2018, new AC 2017, partial new carpet 12-2018, new ceiling fans, fresh paint, and partial fence, plumbing leak repaired 4-2019. NEEDS foundation work - just 13 piers. Home features spacious living room with lots of natural light; kitchen with lots of cabinetry, dual sinks, electric range and microwave; fans in most bedrooms and living room to keep your electric bill low; open back patio and huge backyard. Close to schools, local businesses and major highways. Washer, dryer & refrigerator to convey with full price offer.

Investor Tools

Property Icon
$236,005
Estimated Property Value
$219,460Estimated Mortgage Balance
$16,545Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,416 /month
Positive
Cash Flow Estimate:
$472 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$528/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,158
$236,005
2025
$40,000
$196,005
$236,005
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,158
$236,005

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$127,787
No
First
Apr 26, 2019
May 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,460
$16,545
7%
93%
$1,534/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
$1,534/mo
+$851/mo
12.1%

City: Arlington

601 Connally Terrace | Property Details | No Agent List