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$357,000

NAL Estimated Property Value

916 Purdue Dr, Arlington, TX, 76012

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,887 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185.48 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Double Oven
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size8,050 sqft

Building Information

Year Built1978
Stories1
Garage Spaces2

Land Information

APN25490-45-2
Lot Number2
SubdivisionMeadow Park Estates Addition
Land UseResidential
Legal DescriptionMEADOW PARK ESTATES ADDITION BLOCK 45 LOT 2
Census Tract113102
Assessed Land Value$60,000
Assessed Improvement Value$262,181
Assessment Year2025

About this property

Welcome to 916 Purdue Drive, a charming 3-bedroom, 2-bathroom home nestled in the heart of Arlington, TX. This beautifully maintained property boasts a spacious two-car garage and an inviting curb appeal. As you step inside, be greeted by a warm, inviting interior, accented with brand-new carpeting throughout. The generous living area offers plenty of room for relaxation and entertaining. Seamlessly connected is the functional kitchen, complete with durable granite countertops, providing a modern touch to the home. Each bedroom promises comfort and tranquility, with the primary suite offering a private bath for added convenience.

Investor Tools

Property Icon
$357,000
Estimated Property Value
$290,705Estimated Mortgage Balance
$66,295Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,142 /month
Positive
Cash Flow Estimate:
$714 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$736/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,042
$322,181
2025
$60,000
$262,181
$322,181
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,042
$322,181

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texasbank
Conventional
$298,200
No
First
Jun 30, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$290,705
$66,295
18%
81%
$2,241/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$2,241/mo
$-314/mo
6.5%

Learn About the Market: Opportunity in Texas

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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.

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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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