4 months on rocket

1506 Shelmar Dr, Arlington, TX, 76014

$300,000

Home List Price

$3,563*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
1,628 SqFt
$184/SqFt
House
Schools Nearby

Location

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1506 Shelmar Dr, Arlington$300,000

Buyer Closing Credits

$3,563*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1966
FireplaceElectric
MLS #20499189
Lot Size0.19 Acres
StatusActive

About 1506 Shelmar Dr

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Detached
  • Year Built: 1966
  • Stories: 1
  • Living Area: 1,628 SqFt

Listing Office:

  • Office Name: BK Real Estate LLC
  • Office Phone: (806) 281-8511
  • Listing Agent: Gregory Ness

Interior Features

Interior Information:

  • Appliances: Other, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Plumbed for Gas, Refrigerator
  • Basement: No
  • Interior: Built-in Features, Open Floorplan, Wired for Sound
  • Fireplace: Electric

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Driveway

Virtual/3D Tour

  • Virtual Tour: 1506 Shelmar Dr

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Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

School Info

Assigned Schools Information:

  • Sam Houston High School, Public District Grades 9-12
  • Goodman Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: Navigate to 360 & E Arkansas Ln. Travel West on E Arkansas Ln, Turn South/left onto Allen Ave, then right onto Shelmar and the house will be on the left, check the mailboxes for the street number.

Price Information

Listing Price Info

Price Summary:

  • List Price: $300,000
  • Price Per SqFt: $184/SqFt

Tax Information:

  • Annual Amount: $3,883
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Arlington, TX.

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Arlington, TX

City

Med. List Price

$338.5K

Med. Price/SqFt

$184

Avg. Days On Market

63

# of Sold Homes

270

1506 Shelmar Dr vs Arlington

128 DAYS ON ROCKET

+65 Days

$300,000

-$38.5K Less

$184/SqFt

-$1 Less

KEY TAKEAWAY

This property is $38.5K less than the Median List Price and $1/SqFt less than other homes in Arlington, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20499189

Listing Office:

  • Office Name: BK Real Estate LLC
  • Office Phone: (806) 281-8511
  • Listing Agent: Gregory Ness

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 4/28/2024, 2:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,883$149,452
2019$3,023$154,289
2017$2,769$105,803

History based on county public records data.

Payment Calculator

$1,565

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2345782
5
/10

  • Goodman Elementary School

  • 1400 Rebecca Ln

  • 0.17 miles

  • Public District Grades PK-6

High School

school-card-donut-2345783
3
/10

  • Sam Houston High School

  • 2000 Sam Houston Dr

  • 0.67 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,700. The most common annual income of people living in Arlington, TX is less than $35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1506 Shelmar Dr

What is the listing price of this property?

The listing price of 1506 Shelmar Dr property is $300,000.

What type of property is this?

The property 1506 Shelmar Dr is a house located in Arlington, Texas, 76014.

Is this property for sale now?

Active Listing: 1506 Shelmar Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1506 Shelmar Dr are:
Goodman Elementary School: GreatSchools Rating 5/10
Sam Houston High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,883 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1506 Shelmar Dr has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 1506 Shelmar Dr is 1,628 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1506 Shelmar Dr is 1966.

Rocket Homes›Texas›Tarrant County›Arlington›76014›1506 Shelmar Dr

This home is located at 1506 Shelmar Dr in Arlington, TX and zip code 76014 in the East Arlington neighborhood. This 1,628 square foot home, which was built in 1966, sits on a 0.19 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 22, 2023 and is currently priced at $300,000.

The number of homes for sale in Arlington, TX increased by 12.8% between February 2024 and March 2024. In March 2024, listings were on the market for 63 days. During the same period, the median list price in this real estate market was $338,516.

From Rocket Homes Real Estate and based on county public records data.

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