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$335,000

NAL Estimated Property Value

8118 Stowe Springs Lane, Arlington, TX, 76002

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,424 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$111.34 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Lot Size5,846 sqft

Building Information

Year Built2007
Stories2
Garage Spaces2

Land Information

APN17267-18-9
Lot Number9
SubdivisionHarris Ridge
Land UseResidential
Legal DescriptionHARRIS RIDGE BLOCK 18 LOT 9
Census Tract111316
Assessed Land Value$55,000
Assessed Improvement Value$250,000
Assessment Year2025

About this property

Spacious home features 3 bedrooms, 2 and a half bath, and three living areas and is conveniently located with quick access to 360, shopping and MISD schools. Large multiple living areas offer plenty of space to entertain friends and family. Kitchen is open to the breakfast room and family room and has loads of cabinets and a large walk-in pantry perfect. Texas sized owner's bedroom has sitting area and the bathroom has duel sinks, soaking tub and large walk-in closet. Third living room has built ins. Secondary bedrooms are nicely sized and have good closets. Backyard features open patio, storage shed and plenty of yard for children or pets to play. Don't miss this fantastic home.

Investor Tools

Property Icon
$335,000
Estimated Property Value
$234,447Estimated Mortgage Balance
$100,553Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,010 /month
Positive
Cash Flow Estimate:
$670 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$594/month
$75/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,457
$305,000
2025
$55,000
$250,000
$305,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,457
$305,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Academy Mortgage Corp
Conventional
$261,250
No
First
Jan 15, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$234,447
$100,553
30%
70%
$1,567/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$1,642/mo
+$1,238/mo
10.3%

City: Arlington

8118 Stowe Springs Lane | Property Details | No Agent List