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Days1391Days on Market
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$1,895

$1,995

805 Melville Dr, Arlington, TX, 76015

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,146 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.65 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven
FlooringVinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size5,388 sqft

Building Information

Year Built1986
Stories1
Garage Spaces2

Land Information

APN45395-4-18
Lot Number18
SubdivisionWaverly Place
Land UseResidential
Legal DescriptionWAVERLY PLACE BLOCK 4 LOT 18
Census Tract111525
Assessed Land Value$48,519
Assessed Improvement Value$151,481
Assessment Year2025

About this property

Real cute home, new neutral gray paint and luxury vinyl flooring throughout the whole house. Fresh inside and out. Very clean and ready to move in. Walk in closets, and ceiling fans throughout, nice size yard. Wonderful central location close to The Highlands, restaurants, and hospitals. Will not disappoint. Master to be repainted and some minor touch ups in process.

Investor Tools

$35,451Estimated Mortgage Balance
$240,549Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,656 /month
Positive
Cash Flow Estimate:
$552 /month

Interested in this property?

Jason Doskocil

Doskocil Property Management

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$479/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,372
$200,000
2025
$48,519
$151,481
$200,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,372
$200,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Affilliated Bank
Unknown
$68,800
No
First
Sep 28, 2007
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$35,451
$240,549
87%
13%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
N/A
+$2,090/mo
9.1%

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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