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$428,000

NAL Estimated Property Value

705 Rocky Canyon Rd, Arlington, TX, 76012

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,414 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$113.92 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker
FlooringCarpet, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size11,400 sqft

Building Information

Year Built1974
Stories1
Garage Spaces3

Land Information

APN25490-16-3
Lot Number3
SubdivisionMeadow Park Estates Addition
Land UseResidential
Legal DescriptionMEADOW PARK ESTATES ADDITION BLOCK 16 LOT 3
Census Tract113107
Assessed Land Value$60,000
Assessed Improvement Value$229,000
Assessment Year2025

About this property

Tastefully updated home on beautiful, oversized, treed lot. Conveniently located between Dallas & Ft Worth with quick access to Interstate 30 & just minutes to the new entertainment district. Family friendly layout & space in all the right areas makes this home feel bigger than it is! Tons of extra storage in the garage with large laundry & half bath just inside. Flex space up front could be study or dining. RV Parking. Don't miss this one. It won't last long.

Investor Tools

Property Icon
$428,000
Estimated Property Value
$311,718Estimated Mortgage Balance
$116,282Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,568 /month
Positive
Cash Flow Estimate:
$856 /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
$4,990
$289,000
2025
$60,000
$229,000
$289,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,990
$289,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$342,000
No
First
Sep 9, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$311,718
$116,282
27%
73%
$2,051/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
$2,051/mo
+$334/mo
6.7%

City: Arlington