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$495,000

$500,000

2212 Prestonwood Dr, Arlington, TX, 76012

On MarketInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths2,668 Sq Ft
price_per_sqft$185.53 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher
FlooringWood

Exterior

Exterior FeaturesDeck
Lot Size10,350 sqft

Building Information

Year Built1974
Stories1
Garage Spaces2

Land Information

APN32960-8-2
Lot Number2
SubdivisionPrestonwood Estates Addn-Arl
Land UseResidential
Legal DescriptionPRESTONWOOD ESTATES ADDN-ARL BLOCK 8 LOT 2
Census Tract113108
Assessed Land Value$70,000
Assessed Improvement Value$239,415
Assessment Year2025

About this property

Welcome to 2212 Prestonwood Drive in the established Prestonwood Estates of Arlington, where timeless character meets thoughtful updates in one of the city's most desirable locations. This one-of-a-kind home blends vintage charm with modern improvements, creating a warm and inviting space that's difficult to find in today's market. Inside, you'll find distinctive architectural details, spacious living areas, and carefully selected upgrades that enhance both style and functionality while preserving the home's original character. Whether you're entertaining guests or enjoying a quiet evening at home, every space is designed to feel comfortable and inviting. Situated just minutes from AT&T Stadium, Globe Life Field, Texas Live!, Six Flags Over Texas, and countless shopping, dining, and entertainment destinations, this home offers exceptional convenience with easy access to major highways, making commuting throughout the DFW Metroplex a breeze. If you've been searching for an Arlington home for sale that offers charm, character, modern upgrades, and an unbeatable location, 2212 Prestonwood Drive is a rare opportunity you won't want to miss.

Investor Tools

$72,990Estimated Mortgage Balance
$329,291Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month

Interested in this property?

Ty Stayton

CENTURY 21 Judge Fite Co.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$281/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,362
$309,415
2025
$70,000
$239,415
$309,415
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,362
$309,415

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Airlines Fcu
Credit Line (Revolving) / Heloc
$110,000
No
First
Feb 10, 2012
Mar 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$72,990
$326,010
81%
18%
$660/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$660/mo
+$1,267/mo
5.8%

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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2212 Prestonwood Dr | Property Details | No Agent List