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$315,000

7217 Fossil Hill Dr, Arlington, TX, 76002

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,854 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$169.9 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave

Exterior

Lot Size7,183 sqft

Building Information

Year Built2001
Stories1
Garage Spaces2

Land Information

APN14564-2-22
Lot Number22
SubdivisionFossil Lake Addition
Land UseResidential
Legal DescriptionFOSSIL LAKE ADDITION BLOCK 2 LOT 22
Census Tract111568
Assessed Land Value$50,000
Assessed Improvement Value$283,126
Assessment Year2025

About this property

Welcome home to this well-kept one-story in the established Fossil Lake neighborhood of south Arlington. Built in 2001, this 3-bedroom, 2-bath home offers 1,854 square feet on a generous 7,187 sq ft lot, with an attached 2-car garage and no HOA. The updated kitchen shines with new Carrara quartz countertops, a crisp white subway tile backsplash, a new undermount double sink, and a pull-out faucet. Fresh interior paint flows throughout, complemented by new carpet, new ceiling fans, an elegant new dining chandelier, and recessed LED lighting. The living room is anchored by a cozy fireplace. The primary suite features a spacious bath with a separate garden tub and a new shower insert, and the hall bath has been refreshed with a resurfaced tub and surround. Come see this move-in ready, beauty!

Investor Tools

$319,295Estimated Mortgage Balance
$13,831Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,999 /month
Positive
Cash Flow Estimate:
$666 /month

Interested in this property?

Steve Metarelis

Offerpad Brokerage, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$572/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,198
$333,126
2025
$50,000
$283,126
$333,126
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,198
$333,126

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Fha
$16,760
Yes
First
Feb 4, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$319,295
$13,831
4%
96%
$375/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$375/mo
+$2,505/mo
10.4%

City: Arlington