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$296,000

$300,000

903 Hems Ln, Arlington, TX, 76001

On MarketInfo
Just AddedInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,622 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$182.49 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

BankruptcyAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range
FlooringCarpet, Laminate, Vinyl

Exterior

Lot Size5,663 sqft

Building Information

Year Built2003
Stories1
Garage Spaces2

Land Information

APN39556C-5-24R
Lot Number24R
SubdivisionSouth Ridge Hills Addition
Land UseResidential
Legal DescriptionSOUTH RIDGE HILLS ADDITION BLOCK 5 LOT 24R
Census Tract111567
Assessed Land Value$55,000
Assessed Improvement Value$222,995
Assessment Year2025

About this property

This solid 3-bedroom, 2-full-bath home in the South Ridge Hills neighborhood of Arlington delivers the right combination of comfort, location, and everyday convenience. Whether you're a first time buyer or looking to right size, this one is ready for you. Inside, a spacious carpeted living room gives you a warm and comfortable space to relax and unwind. The eat-in kitchen with dining area combo keeps the household connected at mealtime and makes the most of the open layout. The primary suite is privately positioned with its own ensuite bath and a spacious closet, your own quiet retreat at the end of the day. Two additional bedrooms and a second full bath round out the floor plan with flexibility for family, guests, or a home office. Out back, a covered rear patio and fully fenced backyard give you the private outdoor space to entertain or simply enjoy the fresh air. A storage shed adds the extra functionality every homeowner appreciates. There is a park within walking distance right outside of the neighborhood, which is perfect for weekend outings keeping active around the neighborhood. Zoned to Mansfield ISD with D.P. Morris Elementary, Asa E. Low Jr. Intermediate, and Brooks Wester Middle School all nearby, a well regarded district that families consistently seek out in the south Arlington area. Convenient access to I-20 and US-287 puts Fort Worth and Dallas both within easy reach. Living in Arlington means you're right in the middle of one of the most exciting entertainment corridors in the country, AT&T Stadium and Globe Life Field are just a short drive away, along with Six Flags Over Texas, Texas Live!, and a full lineup of dining and shopping options. This home will not last long on the market. Schedule a tour today! Discounted rate options and no lender fee future refinancing may be available for qualified buyers of this home.

Investor Tools

$0Estimated Mortgage Balance
$302,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,812 /month
Positive
Cash Flow Estimate:
$604 /month

Interested in this property?

Ashley Weatherall

Orchard Brokerage

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$465/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,071
$277,995
2025
$55,000
$222,995
$277,995
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,071
$277,995

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$320,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,530/mo
N/A
+$2,530/mo
10.1%

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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903 Hems Ln | Property Details | No Agent List