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$288,873

734 Port Richmond Way, Arlington, TX, 76018

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,424 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.4 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Microwave
FlooringVinyl

Exterior

Lot Size4,996 sqft

Building Information

Year Built1995
Stories1
Garage Spaces2

Land Information

APN7794-7-15
Lot Number15
SubdivisionColonial Greens South Addition
Land UseResidential
Legal DescriptionCOLONIAL GREENS SOUTH ADDITION BLOCK 7 LOT 15
Census Tract111560
Assessed Land Value$45,000
Assessed Improvement Value$243,873
Assessment Year2025

About this property

Discover comfort and convenience in this well-kept 3-bedroom, 2-bath home for lease in South Arlington. This home features vaulted ceilings, an open layout, and a combination of luxury vinyl plank and ceramic tile flooring. The living area includes a cozy fireplace and flows into the dining area and kitchen, creating a functional space for everyday living. The kitchen offers plenty of cabinet space for storage and meal prep. Just off the main living area, all three bedrooms are well-sized and feature walk-in closets for added convenience. Step outside to a private backyard with a large wood deck and wood fencing for a bit of privacy. You’ll also appreciate the attached two-car garage for added storage and easy access. Conveniently located near major highways, with close proximity to shopping, dining, AT&T Stadium, Globe Life Field, and DFW Airport.

Investor Tools

Property Icon
$288,873
Estimated Property Value
$174,750Estimated Mortgage Balance
$136,835Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,733 /month
Positive
Cash Flow Estimate:
$578 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$646/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,314
$288,873
2025
$45,000
$243,873
$288,873
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,314
$288,873

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$174,750
No
First
Oct 19, 2019
Nov 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$152,038
$136,835
47%
53%
$1,048/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,690/mo
$1,048/mo
+$1,642/mo
11.2%

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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734 Port Richmond Way | Property Details | No Agent List