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$302,000

NAL Estimated Property Value

715 Gemstone Trail, Arlington, TX, 76002

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,480 Sq Ft
price_per_sqft$185.81 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

BankruptcyOff-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Lot Size5,005 sqft

Building Information

Year Built2003
Stories1
Garage Spaces2

Land Information

APN14564-13-11
Lot Number11
SubdivisionFossil Lake Addition
Land UseResidential
Legal DescriptionFOSSIL LAKE ADDITION BLOCK 13 LOT 11
Census Tract111568
Assessed Land Value$50,000
Assessed Improvement Value$223,419
Assessment Year2025

About this property

Buyer was unable to secure financing - back on the market! This one will go quickly! Move in Ready and impeccably clean, three bedroom 2 bath home in Mansfield ISD. This adorable home has fresh paint and carpet, updated appliances, bathroom countertops, fixtures, blinds, mirrors and more! Close to shopping, dining, entertainment, parks and convenient to I-20, 360 and Hwy 287!

Investor Tools

Property Icon
$302,000
Estimated Property Value
$246,777Estimated Mortgage Balance
$55,223Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,812 /month
Positive
Cash Flow Estimate:
$604 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$634/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,094
$273,419
2025
$50,000
$223,419
$273,419
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,094
$273,419

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank Financial
Conventional
$270,750
No
First
Sep 30, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$246,777
$55,223
18%
82%
$1,624/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$1,624/mo
+$1,256/mo
11.4%

City: Arlington

715 Gemstone Trail | Property Details | No Agent List