$295,000
●
House -
Off Market
6205 Lotus Drive
Arlington, TX 76001
3 Beds
0 Bath
1,264 Ft²
$280,415
RealtyHop Estimate
-1.61%
Since Sep 1, 2023
TX-Dallas
Primary Model
About This Property
Grateful for your interest! Seller sets deadline Wed, 19th at 9pm.
Agents, please bring highest and best offers!
Welcome to this stunning open-concept 3-bedroom, 2-bathroom house located in Arlington, TX, just a quick 20-minute drive from the AT&T Stadium and bustling commercial centers. This home offers a seamless flow and modern design.
The open-concept layout seamlessly integrates the living, dining, and kitchen areas, creating a sense of unity and an ideal space for entertaining guests or spending quality time with family.
Inside, you'll find a fully renovated kitchen.With its modern design, sleek countertops, this kitchen is a dream come true for any culinary enthusiast.
The curb appeal of this home is simply stunning, with beautiful landscaping and a well-maintained and renovated exterior. The backyard is a private oasis, featuring a covered patio that provides a shaded retreat perfect for outdoor relaxation and entertainment.
Welcome to this stunning open-concept 3-bedroom, 2-bathroom house located in Arlington, TX, just a quick 20-minute drive from the AT&T Stadium and bustling commercial centers. This home offers a seamless flow and modern design.
The open-concept layout seamlessly integrates the living, dining, and kitchen areas, creating a sense of unity and an ideal space for entertaining guests or spending quality time with family.
Inside, you'll find a fully renovated kitchen.With its modern design, sleek countertops, this kitchen is a dream come true for any culinary enthusiast.
The curb appeal of this home is simply stunning, with beautiful landscaping and a well-maintained and renovated exterior. The backyard is a private oasis, featuring a covered patio that provides a shaded retreat perfect for outdoor relaxation and entertainment.
Unit Size
1,264 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$225
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1985
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (NTREIS #20382259)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 11, 2023 | Sold | ||
| Sold | |||
| Jul 15, 2023 | Listed by Competitive Edge Realty LLC | $285,000 | |
| Listed by Competitive Edge Realty LLC | |||
| Aug 7, 2019 | No longer available | - | |
| No longer available | |||
| Apr 15, 2019 | Listed | $185,000 | |
| Listed | |||
| | |||
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Outstanding 3-bedroom, 2-bath home in Arlington, Mansfield ISD, south of I-20. Gorgeous hand-scraped wood floors, super nice cabinets and granite counters in kitchen, marble counter tops in baths, and it even has a sunroom! Little bar area in living room is plumbed if you wish to make it a wet bar. AC replaced 2018, hot water heater 2019. Home comes with a 1yr home warranty. Be sure to check out the 3D VIRTUAL WALK-THRU (movie reel icon or 3D view button)! You can look up, down, and move throughout this amazing home in any direction as if you are actually there! It’s the best way to get an accurate feel of this amazing home! Hurry! This one won’t last long! The manager has listed the unit size as 1264 square feet.
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Southeast Arlington
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Listed by: Andrea Vinet, Competitive Edge Realty LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20382259
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20382259
Details provided by NTREIS and may not match the public record
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