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$342,295

NAL Estimated Property Value

1618 Oakwood Ln, Arlington, TX, 76012

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,096 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$137.88 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Refrigerator
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesBalcony
Lot Size4,317 sqft

Building Information

Year Built1976
Stories2
Garage Spaces2

Land Information

APN33560-B-8R
Lot Number8R
SubdivisionRandol Mill Pk Garden Home Sub
Land UseResidential
Legal DescriptionRANDOL MILL PK GARDEN HOME SUB BLOCK B LOT 8R
Census Tract121615
Assessed Land Value$45,000
Assessed Improvement Value$297,295
Assessment Year2025

About this property

We are officially in a multiple offer situation. Best and highest due Tuesday Dec 14 by 12NOON.** Video walk through is available on YouTube by searching 1618 Oakwood** You won't find a better property at this price! 2-story single, detached home in Randol Mill Estates, I-30 is visible from the front lawn, with a balcony, access to an HOA clubhouse with 2 pools, as well as concrete and dirt trails directly in front of your street. This garden home provides space for privacy but also easy lawn maintenance along with a huge, mature, oak tree for shade. Master bedroom is upstairs and separated from the rest of the home. Enjoy your morning coffee in your front balcony or picturesque backyard.

Investor Tools

Property Icon
$342,295
Estimated Property Value
$311,680Estimated Mortgage Balance
$30,615Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,054 /month
Positive
Cash Flow Estimate:
$685 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$766/month
$63/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,481
$342,295
2025
$45,000
$297,295
$342,295
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,481
$342,295

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Unknown
$328,700
No
First
Jul 27, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$311,680
$30,615
8%
91%
$1,971/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$2,034/mo
$-107/mo
6.8%

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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1618 Oakwood Ln | Property Details | No Agent List