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$263,000

NAL Estimated Property Value

6303 Royal Springs Dr, Arlington, TX, 76001

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,500 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.33 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringLaminate

Exterior

Lot Size6,116 sqft

Building Information

Year Built1987
Stories1
Garage Spaces2

Land Information

APN36701-3-8
Lot Number8
SubdivisionRoyal Springs Addition
Land UseResidential
Legal DescriptionROYAL SPRINGS ADDITION BLOCK 3 LOT 8
Census Tract111402
Assessed Land Value$48,936
Assessed Improvement Value$166,064
Assessment Year2025

About this property

New Floors! No carpet! Perfect location! This home features an open floor plan, valuted ceilings, and plenty of sunshine! Don't miss this large back yard with mature trees that will make GREAT memories! Enjoy the cool summe rnights on the covered patio, or entertain inside in the spacious living room! Only 2 minutes off of 287, this home is convenient and surrounded by amentities!

Investor Tools

Property Icon
$263,000
Estimated Property Value
$142,015Estimated Mortgage Balance
$120,985Estimated Equity
46% 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
$542/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,188
$215,000
2025
$48,936
$166,064
$215,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,188
$215,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$158,250
No
First
Jan 4, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$142,015
$120,985
46%
54%
$949/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,530/mo
$949/mo
+$1,581/mo
11.5%

City: Arlington

6303 Royal Springs Dr | Property Details | No Agent List