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$371,000

NAL Estimated Property Value

1008 Wayland Dr, Arlington, TX, 76012

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,094 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.65 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range
FlooringCarpet

Exterior

Lot Size16,487 sqft

Building Information

Year Built1976
Stories1
Garage Spaces2

Land Information

APN42188----2----7---20
Lot Number3B3
SubdivisionTimbercreek Estates Addition
Land UseResidential
Legal DescriptionTIMBERCREEK ESTATES ADDITION BLOCK 2 LOT 7 & S R YATES SUB LOT 3B3
Census Tract113107
Assessed Land Value$60,000
Assessed Improvement Value$272,033
Assessment Year2025

About this property

Great multigenerational home in Timbercreek Estates! This three bed, two and a half bath ranch style home is perfect for a handyman or investor. The property boasts of an open floorplan, complete with a full family room with a private entrance and half bathroom that could double as a 4th bedroom, newer HVAC, huge backyard with a gated private entrance, lots of natural light and space for anyone to make this a home. Property is strictly sold as is, no survey on file, buyer must purchase if needed.

Investor Tools

Property Icon
$371,000
Estimated Property Value
$222,297Estimated Mortgage Balance
$148,703Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,226 /month
Positive
Cash Flow Estimate:
$742 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$759/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,257
$332,033
2025
$60,000
$272,033
$332,033
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,257
$332,033

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bay Equity Llc
Conventional
$228,750
No
First
Oct 4, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$222,297
$148,703
40%
60%
$1,372/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,372/mo
+$555/mo
6.2%

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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1008 Wayland Dr | Property Details | No Agent List