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$400,000

6311 Cobblestone Ln, Arlington, TX, 76001

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,749 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.51 / sqft
Year BuiltBuilt in 1997

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

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size9,701 sqft

Building Information

Year Built1997
Stories2
Garage Spaces2

Land Information

APN13572-15-3
Lot Number3
SubdivisionFannin Farm Addition
Land UseResidential
Legal DescriptionFANNIN FARM ADDITION BLOCK 15 LOT 3
Census Tract111409
Assessed Land Value$65,000
Assessed Improvement Value$341,681
Assessment Year2025

About this property

Fantastic opportunity in the sought-after Fannin Farm community of South Arlington! Built by DR Horton, this lovely 1½-story home offers a spacious, open floor plan with 4 bedrooms, all conveniently located on the first floor, 3 living areas, and a versatile upstairs flex room with a walk-in closet—perfect for a game room, hobby space, or private retreat. The split-bedroom design provides added privacy, while the inviting family room features a gas fireplace and a wall of windows overlooking the backyard. The open kitchen is designed for gathering, with custom dark wood cabinetry, granite countertops, a large island, gas cooktop, double ovens, breakfast bar, and refrigerator that stays with the home. The spacious primary suite is tucked away from the secondary bedrooms and features an ensuite bath with dual sinks, a separate shower, a relaxing jetted tub, and an oversized walk-in closet. A gorgeous iron front door adds an elegant touch, while the large covered back patio and generous backyard offer plenty of room to relax or entertain. Additional highlights include a side-entry garage and extra driveway parking. Priced with cosmetic updates in mind, this home presents an excellent opportunity to personalize and add your own style. Foundation work has been completed and comes with a lifetime warranty. This property is part of a trust and is being sold AS IS.

Investor Tools

$86,005Estimated Mortgage Balance
$337,995Estimated Equity
79% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,544 /month
Positive
Cash Flow Estimate:
$848 /month

Interested in this property?

Lori Flaherty

Keller Williams Lonestar DFW

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$316/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,669
$406,681
2025
$65,000
$341,681
$406,681
No

Tax History

Year
Tax Paid
Assessed Value
2026
$1,669
$406,681

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Purchase Money Mortgage
$153,600
No
First
Mar 31, 2009
Apr 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$86,005
$337,995
79%
20%
$921/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,650/mo
$1,221/mo
+$2,429/mo
10.3%

City: Arlington

6311 Cobblestone Ln | Property Details | No Agent List