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$409,000

6311 Merritt Way Court, Arlington, TX, 76018

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,690 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$152.04 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Refrigerator
FlooringTile, Vinyl

Exterior

Lot Size7,227 sqft

Building Information

Year Built1997
Stories2
Garage Spaces2

Land Information

APN20782M-1-24
Lot Number24
SubdivisionHunter Pointe Addition
Land UseResidential
Legal DescriptionHUNTER POINTE ADDITION BLOCK 1 LOT 24
Census Tract111562
Assessed Land Value$65,070
Assessed Improvement Value$320,096
Assessment Year2025

About this property

The home you’ll fall in love, at a very first sight. Nestled in a prime location, this home is just across from TCC Southeast Campus, with convenient access to highways and shopping centers. A two-story beauty features four bedrooms, an office, a spacious formal dining area, three full and a half bathrooms, plus a kitchen with enough cabinets to hold all the spices you can imagine. Fridge, washer and dryer will be conveyed with the sale. Amenities include a community pool, a playground, a basketball court and a covered seating area.

Investor Tools

Property Icon
$407,000
Estimated Property Value
$0Estimated Mortgage Balance
$12,189Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,454 /month
Positive
Cash Flow Estimate:
$818 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$289/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,430
$385,166
2025
$65,070
$320,096
$385,166
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,430
$385,166

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Solutions Of Colorado Llc
Va
$405,000
Yes
First
Dec 6, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$394,811
$12,189
2%
97%
$2,429/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,690/mo
$2,929/mo
$-239/mo
7.9%

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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6311 Merritt Way Court | Property Details | No Agent List