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$227,000

NAL Estimated Property Value

803 Drummond Dr, Arlington, TX, 76012

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths796 Sq Ft
price_per_sqft$287.69 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringLaminate

Exterior

Exterior FeaturesStorage
Lot Size9,596 sqft

Building Information

Year Built1957
Stories1
Garage Spaces1

Land Information

APN9620-4-2
Lot Number2
SubdivisionDeering Addition
Land UseResidential
Legal DescriptionDEERING ADDITION BLOCK 4 LOT 2
Census Tract121703
Assessed Land Value$38,400
Assessed Improvement Value$145,953
Assessment Year2025

About this property

Location, Location, Location! Completely updated home in Arlington with huge backyard and large covered deck in quiet established neighborhood. With a fully updated interior, this home is move-in ready and designed for both comfort and convenience. Completely updated kitchen in 2022 including new cabinets, stainless steel appliances, sink, garbage disposal, faucet and granite countertops. Other updates in 2023 include brand new roof, all new windows, insulation, front door, garage door with opener, light fixtures, closet doors, as well as new flooring and paint inside and out. The large storage shed was also restored with new walls, roof and has electricity and new light post was also added out front. New water heater was installed in 2021. Walking distance to Speer Elementary and Arlington Memorial Hospital makes this home ideal for young families or hospital workers. Just a few minute drive to UTA campus and downtown Arlington with so many great restaurants, shops and live entertainment at Levitt Pavilion. The Entertainment District is right down the road and easy to get to Globe Life Field and ATT Stadium. This would be a great starter home or investor rental property to add to your portfolio for traveling nurses, UTA students or a family in the heart of Arlington!

Investor Tools

Property Icon
$227,000
Estimated Property Value
$36,864Estimated Mortgage Balance
$190,136Estimated Equity
83% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,374 /month
Positive
Cash Flow Estimate:
$458 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$205/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,325
$184,353
2025
$38,400
$145,953
$184,353
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,325
$184,353

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Of Arlington
Unknown
$20,780
No
First
Jan 6, 2023
Jan 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$36,864
$190,136
83%
16%
$232/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,456/mo
$232/mo
+$1,224/mo
7.7%

City: Arlington

803 Drummond Dr | Property Details | No Agent List