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$420,000

2316 Cherry Sage Dr, Arlington, TX, 76001

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,550 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.71 / sqft
Year BuiltBuilt in 2002

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, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Gas Water Heater, Microwave, Plumbed For Gas
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting, Private Yard, Rain Gutters
Lot Size7,536 sqft

Building Information

Year Built2002
Stories2
Garage Spaces2

Land Information

APN13572-28-6
Lot Number6
SubdivisionFannin Farm Addition
Land UseResidential
Legal DescriptionFANNIN FARM ADDITION BLOCK 28 LOT 6
Census Tract111409
Assessed Land Value$65,000
Assessed Improvement Value$328,885
Assessment Year2025

About this property

Gorgeous 2-story with beautiful brick elevation and lush landscaping! Inside you will find 4 bedrooms, 2.5 baths, formal dining area, upstairs loft, and 2-car garage! Upgrades and amenities include generous natural lighting throughout, rich hardwood flooring, extensive crown molding, split secondary bedrooms for added privacy, spacious family room with cozy fireplace, laundry with built-ins and mom's desk that makes a convenient pocket office, and MORE! Kitchen boasts abundant cabinetry and counter space, stainless appliances including a gas cooktop, and is well-equipped for hosting, perfectly nestled between a breakfast nook and formal dining area. The primary retreat secluded at the rear of the home offers a luxurious ensuite with dual vanities, garden tub with separate shower, and large walk-in closet. Three bedrooms, a full bath, and a spacious loft round out the second level. Private backyard is complete with an expansive patio and convenient storage! Fannin Farms is an established community zoned for top-rated Mansfield ISD schools. Residents enjoy a quiet atmosphere with a community pool and miles of green space and walking trails!

Investor Tools

$0Estimated Mortgage Balance
$413,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,520 /month
Positive
Cash Flow Estimate:
$840 /month

Interested in this property?

William Nelson

Your Home Free LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$550/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,540
$393,885
2025
$65,000
$328,885
$393,885
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2025
$4,540
$393,885

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ch Mortgage Company I Ltd
N/A
$28,150
No
First
N/A
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$413,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,130/mo
$300/mo
+$2,830/mo
9.1%

City: Arlington