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$315,000

900 N Bowen Rd, Arlington, TX, 76012

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,910 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.92 / sqft
Year BuiltBuilt in 1964

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 Cooktop, Electric Oven, Disposal, Gas Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size7,431 sqft

Building Information

Year Built1964
Stories2
Garage Spaces2

Land Information

APN30885-7-3
Lot Number3
SubdivisionOaks, The (Arlington)
Land UseResidential
Legal DescriptionOAKS, THE (ARLINGTON) BLOCK 7 LOT 3
Census Tract121613
Assessed Land Value$65,000
Assessed Improvement Value$246,450
Assessment Year2025

About this property

Remarkable 3 bedroom, 2 and a half bath, 2-story, in the heart of Arlington! Nestled amongst The Oaks, this family home offers an updated kitchen with granite counters, built-in appliances, and a walk-in pantry. Two spacious living areas are wonderful for entertaining with built-ins and a fireplace. The front living area seems very flexible. Do you need a study that's also a guest space since there is a half bath downstairs? Or maybe a dining and sitting area with a bar? Possibly a children's retreat? Do you home school? There's a 2nd primary suite on the 2nd level. It's a great floor plan and an excellent use of the space. The backyard is large and has an open patio. The HVAC system, electrical panel, main disconnect, and wiring are NEW as of March 2024. Additional updates include 6-panel interior doors, customized bedroom closets, and some fresh paint. The sewer line from the street to the house was also replaced in 2017. This beautiful home is in a great location and has been well maintained. Come see!

Investor Tools

$165,519Estimated Mortgage Balance
$179,481Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,070 /month
Positive
Cash Flow Estimate:
$690 /month

Interested in this property?

Sherry Leisure

Keller Williams Lonestar DFW

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$532/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,662
$311,450
2025
$65,000
$246,450
$311,450
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,662
$311,450

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$183,000
No
First
Sep 28, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$165,519
$179,481
52%
48%
$1,098/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,098/mo
+$829/mo
6.7%

City: Arlington