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$267,160Estimated home value

Beds
4
Baths
3.0
sq ft
1,628

1506 Shelmar Dr, Arlington, TX 76014

1506 Shelmar Dr

Arlington, TX 76014

  • Off market
Charming 4 bed 2.5 bath property ready to make it your own. This property has so much potential. Current owner had Water, Electric, and Sewer utilities ran to the ADU in the back yard. Making this an excellent opportunity for a house hack situation. Future owner can live in the 4 bed 2.5 bath house and rent out the studio ADU for an est $800 a month (per owner). Garage has been converted into a large master bedroom. Plenty of room for a growing family and with easy access to i30, i20, hwy 360, and PGBT you can get everyone where they need to be with ease. Come visit this property today and you will see for yourself that with a few small improvements this property will shine as the diamond in the rough you've been looking for.

Details

Property type

Single Family Residence

Est. home value

$267,160

Lot size

8,363.52 sq ft

Price per sq ft

$185

Year built

1966

Annual property taxes

$3,757

Price History

07/07/2024
NTREIS

NTREIS #20499189

Removed
02/06/2024
NTREIS

NTREIS #20499189

Listed
$300,000

Schools & Community

Neighborhood: 

East

Elementary school: 

Goodman

Middle school: 

Unknown

High school: 

Sam Houston

School district: 

Arlington ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Carrington Mortgage Services Llc

Loan start date

June 2023

Original loan amount

$27,243

Est. remaining balance

$27,054

Interest rate

6.43%

Loan type

FHA, 40 year

Seller

Roberto Chairez and Nadia L Sanchez

Lender

Network Funding Lp

Loan start date

July 2008

Original loan amount

$101,398

Est. remaining balance

$68,718

Interest rate

6.08%

Loan type

FHA, 30 year

Seller

Roberto Chairez and Nadia L Sanchez

Lender

Network Funding Lp

Loan start date

November 2006

Original loan amount

$87,378

Est. remaining balance

$55,256

Interest rate

6.37%

Loan type

Not Provided, 30 year

Seller

Roberto Chairez

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Off Market

Tomo last checked: 10/05/2024 at 7:45 PM

Listing updated: 06/26/2024 at 5:33 PM

Listed by: Gregory Ness, BK Real Estate LLC Phone #: (806) 281-8511

MLS: NTREIS #20499189

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