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$590,000

NAL Estimated Property Value

2214 Prestonwood Dr, Arlington, TX, 76012

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,802 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$221.27 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size11,696 sqft

Building Information

Year Built1975
Stories1
Garage Spaces2

Land Information

APN32960-8-1R
Lot Number1R
SubdivisionPrestonwood Estates Addn-Arl
Land UseResidential
Legal DescriptionPRESTONWOOD ESTATES ADDN-ARL BLOCK 8 LOT 1R
Census Tract113108
Assessed Land Value$70,000
Assessed Improvement Value$447,039
Assessment Year2025

About this property

Ask about getting up to $4,000 in buyer credits! Welcome to this stunning, fully renovated home in the prestigious Prestonwood Estates of North Arlington. This turnkey, 4-bedroom, 3-bath home with a study offers an elegant blend of modern upgrades, thoughtful design, & an entertainer’s dream backyard. Inside, you'll find beautiful hardwood floors, an open-concept living room with a gas fireplace & gorgeous built-ins. The chef’s kitchen is designed to impress, featuring a large island, a brand-new gas stove and microwave, an apron-front sink, pull-out drawers, & an oversized pantry with custom shelving. The primary suite is a luxurious retreat with a barn door leading to a spa-like ensuite, an oversized shower, dual sinks, & a spacious walk-in closet with built-ins. A second primary with a walk-in closet & an adjacent bathroom makes this home ideal for multi-generational living or guests. The third bathroom has been updated with double sinks, ample storage, & a pocket door separating the toilet and shower for added convenience. A second living or game room with a full wet bar, wine fridge, & ice maker provides the perfect space for entertaining. It also has new French doors that open directly onto an amazing new deck, making indoor-outdoor living seamless. That backyard oasis is complete with a brand-new bricked back deck & an oversized covered patio (built with all bolts, no nails, for superior durability). The low-maintenance artificial turf creates the perfect outdoor space, and there is even a putting green! The backyard is extra deep, larger than most in the neighborhood, offering room to relax and play. There is also a gated side yard with space for RV or boat parking. This home has been updated with a new HVAC system (2018), foam insulation in the attic (2020), a new roof & skylight (2020), new deck (2020), & a new water heater (2021). Located in one of North Arlington’s most desirable neighborhoods, this home has easy access to shopping, dining, & highways.

Investor Tools

Property Icon
$590,000
Estimated Property Value
$450,040Estimated Mortgage Balance
$139,960Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,720 /month
Positive
Cash Flow Estimate:
$1,240 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$816/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,846
$517,039
2025
$70,000
$447,039
$517,039
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,846
$517,039

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Unknown
$452,000
No
First
Feb 27, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$450,040
$139,960
23%
76%
$2,710/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$2,710/mo
$-783/mo
3.9%

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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2214 Prestonwood Dr | Property Details | No Agent List