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$260,000

7406 Dodd Court, Arlington, TX, 76016

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,159 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$120.43 / sqft
Year BuiltBuilt in 1984

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 Cooktop, Electric Oven, Electric Range
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size5,371 sqft

Building Information

Year Built1984
Stories1
Garage Spaces2

Land Information

APN23205-B-27
Lot Number27
SubdivisionLake Park Est Addn-Arlington
Land UseResidential
Legal DescriptionLAKE PARK EST ADDN-ARLINGTON BLOCK B LOT 27
Census Tract121609
Assessed Land Value$55,000
Assessed Improvement Value$280,575
Assessment Year2025

About this property

Multiple offers, highest & best due 8-24 at noon. A gorgeous setting with lovely landscaping and mature trees surrounds this custom built home located on a quiet cul-de-sac lot & in a nicely-kept established neighborhood. Two covered patios, one with pergola, offer space to relax or entertain. A leaded glass front door greets you upon arrival, and opens to the formal dining, and LVG area with built-ins, light paneling, and fireplace. Beadboard trim w textured walls adds casual style to the den, while the kitchen w breakfast bar delights in sunny views of the backyard from windows in the breakfast area. Ideal for families is the Jack-n-Jill bath shared by the secondary bedrooms, both w walk-in closets.

Investor Tools

Property Icon
$354,000
Estimated Property Value
$0Estimated Mortgage Balance
$117,075Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,124 /month
Positive
Cash Flow Estimate:
$708 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$612/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,574
$335,575
2025
$55,000
$280,575
$335,575
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,574
$335,575

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mid-American Mortgage Inc
Fha
$265,600
Yes
First
Oct 15, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$236,925
$117,075
33%
67%
$1,593/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$1,593/mo
+$997/mo
8.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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