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$278,000

NAL Estimated Property Value

6615 Olivewood Drive, Arlington, TX, 76001

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,534 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$140.16 / 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, Plumbed For Ice Maker, Refrigerator
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size8,999 sqft

Building Information

Year Built1989
Stories1
Garage Spaces2

Land Information

APN10895-2-6AR
Lot Number6AR
SubdivisionEden Road Estates
Land UseResidential
Legal DescriptionEDEN ROAD ESTATES BLOCK 2 LOT 6AR
Census Tract111544
Assessed Land Value$45,000
Assessed Improvement Value$204,000
Assessment Year2025

About this property

BEAUTIFUL 3 Bed 2 Bath home in a non-HOA neighborhood. Nicely manicured yard with pergola, coy pond and lots of flowers. Family room offers a fireplace, wood floors and open floor plan. Kitchen has stainless steel appliances, breakfast area and breakfast bar. Split bedrooms, master bedroom has room for sitting area, with master bath to include separate shower and garden tub.

Investor Tools

Property Icon
$278,000
Estimated Property Value
$194,837Estimated Mortgage Balance
$83,163Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,668 /month
Positive
Cash Flow Estimate:
$556 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$467/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,209
$249,000
2025
$45,000
$204,000
$249,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,209
$249,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Fha
$217,979
Yes
First
Nov 17, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,837
$83,163
29%
70%
$1,307/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,530/mo
$1,307/mo
+$1,223/mo
10.9%

City: Arlington

6615 Olivewood Drive | Property Details | No Agent List