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$299,900

6607 Terrace Glen Dr, Arlington, TX, 76002

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,957 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$153.24 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Vented Exhaust Fan
FlooringTile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size8,364 sqft

Building Information

Year Built2002
Stories1
Garage Spaces2

Land Information

APN7785G-J-1
Lot Number1
SubdivisionCollins Terrace Addition
Land UseResidential
Legal DescriptionCOLLINS TERRACE ADDITION BLOCK J LOT 1
Census Tract111561
Assessed Land Value$75,303
Assessed Improvement Value$262,643
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED...ALL OFFERS - HIGHEST AND BEST DUE BY 3PM ON SUNDAY 7-5. Pride of ownership shines through in this 3 bedroom, 2 bath home! Step inside this move-in ready, to experience the open living and brand-new LVP flooring throughout. The heart of this home is the large kitchen with natural light and tall ceilings hosting a dedicated breakfast bar, central island and dining area open to the main living areas, perfect for entertaining! Adjacent to the kitchen is a full-sized walk-in utility room with storage and an additional pantry. Overlooking the kitchen is the living room with incredible vaulted ceiling and gas fireplace. Spacious flex room for home office or formal dining is perfectly placed across from the kitchen and off the front entry. The primary bedroom of this home has a large walk-in closet and private ensuite with dual sinks and relaxing garden tub. The additional bedrooms are great size with large closet space and ceiling fans. This home sits just minutes from major arteries like Interstate 20 and Highway 360, ensuring swift commutes in the DFW metroplex. This corner lot property is a unique find with no back neighbor or HOA. Residents appreciate nearby schools, shopping, restaurants, and more. Come see this home and make it yours!

Investor Tools

Property Icon
$337,946
Estimated Property Value
$148,774Estimated Mortgage Balance
$290,330Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,028 /month
Positive
Cash Flow Estimate:
$676 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$217/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$909
$337,946
2025
$75,303
$262,643
$337,946
No

Tax History

Year
Tax Paid
Assessed Value
2025
$909
$337,946

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New Home Financial Ltd
Fha
$148,774
Yes
First
Nov 15, 2002
Dec 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$47,616
$290,330
85%
14%
$892/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$892/mo
+$1,988/mo
10.2%

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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6607 Terrace Glen Dr | Property Details | No Agent List