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B+
NoAgentList RatingHow are grades calculated? Info

$189,900

6206 Parkmeadow Drive, Arlington, TX, 76018

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,358 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$139.84 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Lot Size7,867 sqft

Building Information

Year Built1989
Stories1
Garage Spaces2

Land Information

APN3825-3-35
Lot Number35
SubdivisionBrookmeadow Addition
Land UseResidential
Legal DescriptionBROOKMEADOW ADDITION BLOCK 3 LOT 35
Census Tract111561
Assessed Land Value$70,812
Assessed Improvement Value$126,788
Assessment Year2025

About this property

Beautiful 3 bedroom 2 bath in quiet neighborhood on a cul de sac. As you enter the home you are greeted by the living room, kitchen and dining area all open with vaulted ceilings giving the space character and an airy feeling. Great family home and perfect for entertaining friends and family. The vaulted ceilings are continued throughout the bedrooms providing some unique and functional storage spaces. All bedrooms have walk in closets. Come make it your own. Out back enjoy a large 10 X 26 wood deck overlooking the large backyard grassy area perfect play area for children or pets.

Investor Tools

Property Icon
$268,000
Estimated Property Value
$0Estimated Mortgage Balance
$98,804Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,608 /month
Positive
Cash Flow Estimate:
$536 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$518/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,872
$197,600
2025
$70,812
$126,788
$197,600
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,872
$197,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Fha
$190,057
Yes
First
Sep 3, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$169,196
$98,804
36%
63%
$1,140/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,690/mo
$1,140/mo
+$1,550/mo
12.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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6206 Parkmeadow Drive | Property Details | No Agent List