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Days1670Days on Market
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$305,000

$310,000

617 Almandora Dr, Arlington, TX, 76002

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,860 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$163.98 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Range, Microwave
FlooringTile, Vinyl

Exterior

Lot Size6,007 sqft

Building Information

Year Built2004
Stories1
Garage Spaces2

Land Information

APN17196-13-15
Lot Number15
SubdivisionHarris Crossing, Phase I
Land UseResidential
Legal DescriptionHARRIS CROSSING, PHASE I BLOCK 13 LOT 15
Census Tract111315
Assessed Land Value$55,000
Assessed Improvement Value$215,000
Assessment Year2025

About this property

Tenant-occupied three bedroom home in Arlington that offers immediate cash flow for the next owner! The beautifully updated home includes upgrades like LVP flooring in the living and bedrooms, quartz countertops, and updated standing shower in the primary bedroom. The spacious home features a huge living room, gigantic master bedroom, and two dining spaces. Any cook in the family will appreciate the large kitchen with an abundance of cabinetry and walk in pantry. The backyard is fully fenced and provides a peaceful space for kids and pets. The neighborhood is peaceful and quiet and is a short distance from 360 and I-20. Great schools in the area, great location, and great neighborhood lead to great tenants and good rent. Current lease ends April 2027. Tenant pays $2300 rent.

Investor Tools

$213,575Estimated Mortgage Balance
$97,631Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,860 /month
Positive
Cash Flow Estimate:
$620 /month

Interested in this property?

Angela Hague

The Michael Group Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$685/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,665
$270,000
2025
$55,000
$215,000
$270,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,665
$270,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Financial Network Inc
Conventional
$233,000
No
First
Dec 28, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$213,575
$95,425
30%
69%
$1,397/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$1,447/mo
+$1,433/mo
11.1%

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.

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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