$249,999
2307 Busch Dr, Arlington, TX, 76014
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Electric Cooktop, Electric Oven
Exterior
Lot Size7,688 sqft
Building Information
Year Built1982
Stories1
Garage Spaces2
Land Information
APN40015-14-4R
Lot Number4R
SubdivisionSpringridge Addition
Land UseResidential
Legal DescriptionSPRINGRIDGE ADDITION BLOCK 14 LOT 4R
Census Tract111556
Assessed Land Value$69,219
Assessed Improvement Value$213,407
Assessment Year2025
About this property
Great opportunity in an established Arlington neighborhood! This home offers a functional layout with vaulted ceilings, a fireplace, and plenty of natural light. The covered back patio and spacious fenced yard provide additional room to enjoy or make your own. Conveniently located near shopping, dining, entertainment, and major highways, with plenty of potential for a homeowner or investor looking to add their personal touch.
Investor Tools
$46,372Estimated Mortgage Balance
$251,628Estimated Equity
84% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,788 /month
Positive
Cash Flow Estimate:
$596 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$174/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$598
$282,626
2025
$69,219
$213,407
$282,626
No
Tax History
Year
Tax Paid
Assessed Value
2025
$598
$282,626
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Nlc Financial Services Llc
Stand Alone First / Home Equity First Lien
$80,000
No
First
Sep 16, 2005
Oct 2035
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$46,372
$251,628
84%
16%
$617/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,060/mo
$617/mo
+$1,443/mo
8.3%
