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$332,000

NAL Estimated Property Value

7904 Modesto Drive, Arlington, TX, 76001

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,378 Sq Ft
price_per_sqft$105.13 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

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

Exterior

Exterior FeaturesRain Gutters
Lot Size8,403 sqft

Building Information

Year Built2000
Stories2
Garage Spaces2

Land Information

APN39335-9-24
Lot Number24
SubdivisionSouth Cooper Estates Addition
Land UseResidential
Legal DescriptionSOUTH COOPER ESTATES ADDITION BLOCK 9 LOT 24
Census Tract111567
Assessed Land Value$50,000
Assessed Improvement Value$281,340
Assessment Year2025

About this property

Updated and Turn key on 5-2020. Updates include HVAC System, Fence, Granite, Stainless Steel Appliances, Paint, Carpet, 2 Inch Blinds, Vinyl Flooring in Up Bathrooms, Lights, Fans, plumbing hardware, Landscaping and more. This house is wonderfully positioned for schools, nature and convenience. Just 3 houses down from the 2.5 Mile Bowman Branch Linear Park Entrance point which is a 2.26 Mile park Spanning Across Arlington. A snappy 500 feet away from Mansfield ISD's Morris Elementary School, less than 1 mile to Summitt High School and 1.5 Miles to Sprouts and all the culinary glory of Mansfield's popular Debbie Lane and Matlock Intersection. Come on Home!

Investor Tools

Property Icon
$332,000
Estimated Property Value
$217,639Estimated Mortgage Balance
$114,361Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,992 /month
Positive
Cash Flow Estimate:
$664 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$754/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,386
$331,340
2025
$50,000
$281,340
$331,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,386
$331,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Fha
$245,471
Yes
First
Jul 17, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$217,639
$114,361
34%
66%
$1,472/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,530/mo
$1,472/mo
+$1,058/mo
9.1%

City: Arlington

7904 Modesto Drive | Property Details | No Agent List