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$340,000

715 Salem Dr, Arlington, TX, 76014

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,146 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$158.43 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Water Heater, Disposal, Microwave, Vented Exhaust Fan
FlooringCarpet

Exterior

Exterior FeaturesRain Gutters
Lot Size7,475 sqft

Building Information

Year Built1977
Stories1
Garage Spaces2

Land Information

APN17995-13-27
Lot Number27
SubdivisionHigh Meadows Addition
Land UseResidential
Legal DescriptionHIGH MEADOWS ADDITION BLOCK 13 LOT 27
Census Tract111558
Assessed Land Value$67,275
Assessed Improvement Value$233,222
Assessment Year2025

About this property

Pride of ownership shines through on this beautiful four-bedroom, two-bath home. Located in a quiet and established neighborhood in Arlington, you'll enjoy the benefits of well-apportioned and meticulously cared-for space in this 2100-square-foot listing. Open space and plenty of natural light shine throughout the home. An updated kitchen boasts white cabinets, granite countertops, and a double oven. The backyard is spacious enough for activities or pets — with two sheds for plenty of storage. Located near schools and parks, it is in the heart of Arlington — minutes from entertainment, shopping, dining, and major highways.

Investor Tools

$118,955Estimated Mortgage Balance
$181,542Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,040 /month
Positive
Cash Flow Estimate:
$680 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$487/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,341
$300,497
2025
$67,275
$233,222
$300,497
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,341
$300,497

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gardner Financial Services Ltd
Conventional
$135,000
No
First
Aug 17, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$118,955
$181,542
60%
40%
$810/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,060/mo
$810/mo
+$1,250/mo
8.2%

City: Arlington

715 Salem Dr | Property Details | No Agent List