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$305,000

Beds
3
Baths
2.0
sq ft
1,401

503 Magnolia St, Arlington, TX 76012

503 Magnolia St

Arlington, TX 76012

  • 121 days on market
    • Price drop $4,900↓
This CHARMING 3 bedroom, 2 bath home offers the perfect blend of comfort and convenience, located just minutes from UTA, AT&T Stadium, Six Flags, Globe Life Park, Hurricane Harbor, and more! Nestled on almost HALF AN ACRE lot, the property provides ample outdoor space for gatherings or relaxation. Inside, you'll find wood floors throughout, creating a cozy and inviting atmosphere. The open floor plan seamlessly connects the living, dining, and kitchen areas, perfect for entertaining. The master bedroom includes an ensuite bath, while the 2 addl bedrooms share a well-appointed second bathroom. With its prime location and welcoming design, this home is a RARE find! All information contained herein deemed reliable but not guaranteed. Buyer(s) to verify all information including schools, square footage, dimensions, etc.

Details

Property type

Single Family Residence

Est. home value

$289,776

Lot size

0.459 acres

Price per sq ft

$218

Year built

1940

Annual property taxes

$7,057

Price History

02/01/2025
NTREIS

NTREIS #20761294

Listed
$305,000
02/01/2025
NTREIS

NTREIS #20761294

Removed
01/26/2025
NTREIS

NTREIS #20761294

Removed

Schools & Community

Neighborhood: 

Central

Elementary school: 

Speer

Middle school: 

Unknown

High school: 

Lamar

School district: 

Arlington ISD

Negotiation Insights

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

Seller could get up to

$78,001
Asking price
$305,000
Closing costs (~8% of asking)
-$24,400
Est. remaining loan balance
-$202,599
Cash to seller
$78,001

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Elite Financial Group Llc

Loan start date

April 2021

Original loan amount

$221,160

Est. remaining balance

$202,599

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Maria Reyes

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?

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Status: Active

Tomo last checked: 02/23/2025 at 7:50 AM

Listing updated: 02/01/2025 at 8:02 AM

Listed by: Icela Fernandez, Dwell Dallas Realtors, LLC Phone #: (972) 822-5188

MLS: NTREIS #20761294

NTREIS logo

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