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$455,000

2215 Franklin Dr, Arlington, TX, 76011

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,957 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$153.87 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesSome Gas Appliances, Convection Oven, Double Oven, Dishwasher, Electric Water Heater, Gas Cooktop, Disposal, Microwave, Plumbed For Gas, Vented Exhaust Fan
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size9,240 sqft

Building Information

Year Built1974
Stories1
Garage Spaces2

Land Information

APN31790-5B-49
Lot Number49
SubdivisionParkway Central Addition
Land UseResidential
Legal DescriptionPARKWAY CENTRAL ADDITION BLOCK 5B LOT 49
Census Tract113112
Assessed Land Value$65,000
Assessed Improvement Value$281,279
Assessment Year2026

About this property

SELLER OFFERING UP TO $10,000 TOWARD BUYER'S CLOSING COSTS WITH AN ACCEPTABLE OFFER! Welcome home to this beautifully maintained traditional one-story nestled in an established North Arlington neighborhood filled with towering mature trees and timeless charm. Pride of ownership shines throughout this inviting 4-bedroom, 2.5-bath home, offering two spacious living areas, a formal dining room, and an enclosed sunroom that provides additional space to relax and enjoy the views of the lush landscaping. Rich wood flooring, plantation shutters, vaulted ceilings, and beautiful architectural moldings add warmth and character rarely found in newer homes. The spacious kitchen features abundant cabinetry, granite countertops, double ovens, and a gas cooktop less than two years old. Outside, enjoy beautifully maintained landscaping, mature trees, a freshly painted exterior, and the convenience of a rear-entry garage. Ideally located near River Legacy Park, with miles of scenic trails and outdoor recreation, and just minutes from Arlington's vibrant Entertainment District, including AT&T Stadium, Globe Life Field, Texas Live!, shopping, and dining. This lovingly cared-for home offers a wonderful combination of classic character, generous living spaces, and an unbeatable North Arlington location!

Investor Tools

$36,807Estimated Mortgage Balance
$419,619Estimated Equity
91% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,736 /month
Positive
Cash Flow Estimate:
$912 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$321/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,573
$346,279
2026
$65,000
$281,279
$346,279
No

Tax History

Year
Tax Paid
Assessed Value
2026
$1,573
$346,279

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Lending Partners Ltd
N/A
$115,000
N/A
First
Feb 14, 2003
Mar 2018

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$36,807
$419,193
91%
8%
$690/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,860/mo
$690/mo
+$2,170/mo
7.5%

City: Arlington

2215 Franklin Dr | Property Details | No Agent List