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$542,000

NAL Estimated Property Value

1005 Findlay Drive, Arlington, TX, 76012

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,239 Sq Ft
price_per_sqft$128.13 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesTrash Compactor, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringWood

Exterior

Lot Size16,697 sqft

Building Information

Year Built1980
Stories1
Garage Spaces2

Land Information

APN21210-1-37
Lot Number37
SubdivisionInterlochen West Addition
Land UseResidential
Legal DescriptionINTERLOCHEN WEST ADDITION BLOCK 1 LOT 37
Census Tract121612
Assessed Land Value$109,350
Assessed Improvement Value$411,650
Assessment Year2025

About this property

Rare opportunity to own an impressive hilltop home with tranquil views on the canal of Lake Interlochen. Directly adjacent to Bob Findlay Linear Park, this home is well suited to an active outdoor lifestyle. Charming courtyard out front leads you into the perfect blank canvas ready for your personal touch. Built ins and ample storage throughout this perfect floorplan. 50 year roof with transferrable warranty, recent foundation repair with lifetime warranty and sprinkler system overhaul. Ricoh360 Virtual Tour Available. *** MULTIPLE OFFERS RECEIVED *** Please submit best offer by 6pm CST March 1, 2021.

Investor Tools

Property Icon
$542,000
Estimated Property Value
$351,608Estimated Mortgage Balance
$190,392Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,252 /month
Positive
Cash Flow Estimate:
$1,084 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,175/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,387
$521,000
2025
$109,350
$411,650
$521,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,387
$521,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Simmons Bank
Conventional
$389,500
No
First
Apr 2, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$351,608
$190,392
35%
65%
$2,336/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$2,736/mo
$-809/mo
4.3%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Arlington

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1005 Findlay Drive | Property Details | No Agent List