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$263,000

NAL Estimated Property Value

615 Red Coat Ln, Arlington, TX, 76002

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,254 Sq Ft
price_per_sqft$139.47 / 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
AppliancesElectric Cooktop, Electric Oven

Exterior

Lot Size7,044 sqft

Building Information

Year Built1984
Stories1
Garage Spaces2

Land Information

APN7789-12-13
Lot Number13
SubdivisionColonial Estates
Land UseResidential
Legal DescriptionCOLONIAL ESTATES BLOCK 12 LOT 13
Census Tract111542
Assessed Land Value$63,432
Assessed Improvement Value$153,148
Assessment Year2025

About this property

Charming 3-Bedroom Home in Colonial Estates – Great Investment or Owner-Occupant Opportunity! Nestled in the established Colonial Estates subdivision of Arlington, TX, this single-story 3-bedroom, 2-bath home offers a fantastic opportunity to create your dream space or add value as an investment. With solid bones and a functional layout, this property is ready for your personal touches and updates. Inside, you'll find a spacious living area, a traditional kitchen, and generously sized bedrooms, perfect for comfortable living. The home sits on a sizable lot with mature trees, providing both curb appeal and outdoor potential. Whether you're a first-time buyer looking to build equity or an investor seeking your next project, this home has endless potential in a desirable location close to schools, parks, shopping, and major highways. Don’t miss out on this chance to customize a home to your style in one of Arlington’s most established neighborhoods!

Investor Tools

Property Icon
$263,000
Estimated Property Value
$255,936Estimated Mortgage Balance
$7,064Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,578 /month
Positive
Cash Flow Estimate:
$526 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$543/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,202
$216,580
2025
$63,432
$153,148
$216,580
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,202
$216,580

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Unknown
$257,050
No
First
Feb 19, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$255,936
$7,064
2%
97%
$1,542/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$1,542/mo
+$1,338/mo
13.1%

City: Arlington

615 Red Coat Ln | Property Details | No Agent List