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B+
NoAgentList RatingHow are grades calculated? Info

$278,320

609 Betsy Ross Dr, Arlington, TX, 76002

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,552 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$161.08 / sqft
Year BuiltBuilt in 1985

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 Oven, Electric Range
FlooringCarpet

Exterior

Lot Size7,057 sqft

Building Information

Year Built1985
Stories1
Garage Spaces2

Land Information

APN7789-15-11
Lot Number11
SubdivisionColonial Estates
Land UseResidential
Legal DescriptionCOLONIAL ESTATES BLOCK 15 LOT 11
Census Tract111542
Assessed Land Value$63,540
Assessed Improvement Value$214,780
Assessment Year2025

About this property

This 3 bedroom single-story property offers a flexible layout with multiple living areas, giving you room to relax, entertain, or create a home office setup that fits your lifestyle. The main living room features vaulted ceilings and a cozy brick fireplace, creating a warm and inviting focal point. The kitchen offers ample cabinet space and a functional layout, ready for your personal updates and style. Bedrooms are generously sized, providing comfort and flexibility for family, guests, or hobbies. The layout allows you to move in and make improvements at your own pace while building equity over time. Step outside to a spacious backyard with mature trees and a storage shed, perfect for outdoor gatherings, pets, or simply enjoying your own private space. The home also includes solar panels, offering potential energy efficiency and savings. Additional features include an attached garage, dedicated laundry area, and a location close to shopping, dining, schools, and major highways for an easy commute across DFW.

Investor Tools

Property Icon
$278,320
Estimated Property Value
$397,500Estimated Mortgage Balance
$0Estimated Equity
-43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,670 /month
Positive
Cash Flow Estimate:
$557 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$166/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$604
$278,320
2025
$63,540
$214,780
$278,320
No

Tax History

Year
Tax Paid
Assessed Value
2025
$604
$278,320

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Leaderone Financial Corp
Reverse Mortgage / Hecm
$397,500
No
First
Apr 6, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$368,402
N/A
0%
132%
$1,996/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$1,996/mo
+$884/mo
12.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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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609 Betsy Ross Dr | Property Details | No Agent List