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$411,000

NAL Estimated Property Value

6209 Lakeridge Rd, Arlington, TX, 76016

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,242 Sq Ft
price_per_sqft$151.65 / sqft
Year BuiltBuilt in 1976

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 Range, Electric Water Heater
FlooringCarpet, Ceramic Tile, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size21,166 sqft

Building Information

Year Built1976
Stories2
Garage Spaces2

Land Information

APN38510-A-20R
Lot Number20R
SubdivisionShorewood Addition
Land UseResidential
Legal DescriptionSHOREWOOD ADDITION BLOCK A LOT 20R
Census Tract121609
Assessed Land Value$75,000
Assessed Improvement Value$218,000
Assessment Year2025

About this property

Multiple Offers. Offer deadline Monday 3-21-22 at Noon. A unique floorplan in a quiet lake Arlington neighborhood with beautiful mature trees on nearly a half acre. Natural light floods this gorgeous home. Relax by the fire in a huge sunken living room, complete with vaulted ceilings and built-ins for extra character. Custom designed tile in the dining area and leading to the kitchen are sure to be a conversation starter. Meal times are a breeze with tons of counter space, giant island and plenty of elbow room. Lots of oak cabinetry and 2 pantry's mean all the storage you'll need. The owners retreat is more than just a bedroom. Extra space in the primary bedroom could be a seating area or even a home office. The upstairs flex space could be a 4th bedroom, mancave, theater, ect. Imagination is the only limit. The oversized garage is more than what you'd expect and the enormous back patio and yard certainly wont disappoint. Circle drive out front and room for toys in the back.

Investor Tools

Property Icon
$411,000
Estimated Property Value
$291,809Estimated Mortgage Balance
$119,191Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,466 /month
Positive
Cash Flow Estimate:
$822 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$594/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,070
$293,000
2025
$75,000
$218,000
$293,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,070
$293,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gardner Financial Services Ltd
Conventional
$316,000
No
First
Apr 19, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$291,809
$119,191
29%
71%
$1,895/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$1,895/mo
+$695/mo
7.6%

City: Arlington

6209 Lakeridge Rd | Property Details | No Agent List