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$175,000

707 Levelland Drive, Arlington, TX, 76017

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,252 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$139.78 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Other

Exterior

Lot Size7,196 sqft

Building Information

Year Built1980
Stories1
Garage Spaces1

Land Information

APN25135-12-19
Lot Number19
SubdivisionMatlock Manor Addition
Land UseResidential
Legal DescriptionMATLOCK MANOR ADDITION BLOCK 12 LOT 19
Census Tract111516
Assessed Land Value$40,000
Assessed Improvement Value$186,386
Assessment Year2025

About this property

MULTIPLE OFFERS!! HIGHEST AND BEST BY 9-7 AT 9PM. Bring your imagination and ideas to this great little home! One owner home has an open living area with lots of room for family to gather. The master bedroom has a built in vanity area. Both bedrooms have walk in closets. Garage has lots of shelving and built in cabinets, and is well insulated! The large covered patio overlooks the shaded backyard *There is a 18x10 workshop on a slab with electric! Floor mounted air compressor, cabinets, workbench with stainless top, attic space* New double wide swing gate on fence. Near I 20, shopping, restaurants. Roof replaced, foundation repaired, plumbing improved, new patio poured in Fall 2020.

Investor Tools

Property Icon
$250,000
Estimated Property Value
$0Estimated Mortgage Balance
$81,969Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$516/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,948
$226,386
2025
$40,000
$186,386
$226,386
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,948
$226,386

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Fha
$183,658
Yes
First
Nov 1, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$168,031
$81,969
32%
67%
$1,102/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,010/mo
$1,102/mo
+$908/mo
9.6%

Learn About the Market: Opportunity in Texas

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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.

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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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707 Levelland Drive | Property Details | No Agent List