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$253,000

NAL Estimated Property Value

606 Rifleman Trl, Arlington, TX, 76002

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,178 Sq Ft
price_per_sqft$229.2 / sqft
Year BuiltBuilt in 1984

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, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Laminate, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size7,109 sqft

Building Information

Year Built1984
Stories1
Garage Spaces2

Land Information

APN7789-15-43
Lot Number43
SubdivisionColonial Estates
Land UseResidential
Legal DescriptionCOLONIAL ESTATES BLOCK 15 LOT 43
Census Tract111542
Assessed Land Value$63,990
Assessed Improvement Value$179,600
Assessment Year2025

About this property

Better than new family home waiting for new family. Updated with the works including foundation, roof, pain, light fixtures and so much more. Both bathrooms have new granite topped vanities and Kitchen got new granite too! Nice sized master bed and bath with walk-in closet and jetted tub with natural light from the new skylight. Solid surface flooring except for new, cozy carpet in the two extra rooms. Fenced , treed back yard with gates on each side of the house. Quite family neighborhood.

Investor Tools

Property Icon
$253,000
Estimated Property Value
$200,408Estimated Mortgage Balance
$52,592Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,620 /month
Positive
Cash Flow Estimate:
$540 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$204/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,185
$243,590
2025
$63,990
$179,600
$243,590
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,185
$243,590

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amwest Funding Corp
Conventional
$204,000
No
First
May 29, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$200,408
$52,592
20%
79%
$1,224/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$1,224/mo
+$1,656/mo
13.7%

Learn About the Market: Opportunity in Texas

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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.

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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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