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$463,000

NAL Estimated Property Value

6104 Shorewood Drive, Arlington, TX, 76016

$476,073 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,838 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$103.95 / sqft
Year BuiltBuilt in 1977

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
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size17,097 sqft

Building Information

Year Built1977
Stories2
Garage Spaces2

Land Information

APN38510-D-3
Lot Number3
SubdivisionShorewood Addition
Land UseResidential
Legal DescriptionSHOREWOOD ADDITION BLOCK D LOT 3
Census Tract121609
Assessed Land Value$75,000
Assessed Improvement Value$247,000
Assessment Year2025

About this property

READY for its new owners this spacious 4 BR home is located in desirable Lake Arlington neighborhood. Home features Master Down with huge walk in closet. All living space is on the ground floor. 3 bedrooms and full bath up. UPDATED KITCHEN with GRANITE COUNTERS and STAINLESS APPLIANCES. ROOF recently replaced with METAL SHAKES. All WINDOWS, WATER HEATER and main floor AIR CONDITIONER AND HEATER and the upstairs AC also RECENTLY REPLACED. MOTIVATED SELLER will consider additional updating allowance with acceptable offer. Special Financing available

Investor Tools

Property Icon
$463,000
Estimated Property Value
$209,236Estimated Mortgage Balance
$253,764Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$476,072
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,778 /month
Positive
Cash Flow Estimate:
$926 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$640/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,369
$322,000
2025
$75,000
$247,000
$322,000
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$5,369
$322,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mutual Of Omaha Mortgage Inc
Conventional
$230,000
No
First
Aug 25, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$209,236
$253,764
54%
45%
$1,379/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$1,379/mo
+$1,211/mo
6.7%

City: Arlington

6104 Shorewood Drive | Property Details | No Agent List