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$513,000

2406 Drawbridge Dr, Arlington, TX, 76012

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,952 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$163.96 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Range, Microwave
FlooringCarpet, Tile, Wood

Exterior

Lot Size9,226 sqft

Building Information

Year Built1976
Stories1
Garage Spaces2

Land Information

APN32960-10-7
Lot Number7
SubdivisionPrestonwood Estates Addn-Arl
Land UseResidential
Legal DescriptionPRESTONWOOD ESTATES ADDN-ARL BLOCK 10 LOT 7
Census Tract113108
Assessed Land Value$70,000
Assessed Improvement Value$355,000
Assessment Year2025

About this property

SELLERS DO NOT WANT TO BE CONTACTED, DO NOT CALL. Brand new roof installed Oct. 2025! Welcome to this beautiful 3-bed, 3-bath home offering 2,952 sqft, set on a picturesque elevation with sweeping views of Arlington. The elevated lot not only enhances curb appeal but also provides a sense of privacy & has plenty of space for your gardening dreams! Step inside and be greeted by warm wood and tile flooring throughout the main living areas, complemented by a stunning vaulted ceiling in the living room. A gas fireplace with custom built-in shelving creates a cozy focal point. The kitchen blends timeless charm and modern updates, featuring original, well-maintained wood cabinetry with updated granite countertops, and a striking copper sink. It's a space designed for both functionality and aesthetic appeal. The spacious master suite includes its own gas fireplace and a beautifully renovated en-suite bathroom for your own private retreat. All three bathrooms have been remodeled with marble countertops and tasteful finishes. Outside, you'll find a true backyard oasis. A lush, tree-lined space surrounds the sparkling pool, creating a serene escape, while a gazebo provides shaded comfort for outdoor gatherings. To the right of the home, enjoy breathtaking views of Arlington-offering both beauty and a unique sense of place. This home seamlessly combines quality craftsmanship, thoughtful updates, and unbeatable location. Don’t miss the chance to make it yours! New garage door opener installed March 2023. Washer and dryer purchased 2025. Refrigerator installed December 2024. Electric water heater installed January 2020. All windows were replaced with Anderson Replacement windows in 2014. Lifetime transferable warranty accompanies these windows! Foundation work performed by Olshan in May 2019. Olshan foundation repair carries lifetime transferable warranty as well! Documentation available.

Investor Tools

Property Icon
$513,000
Estimated Property Value
$377,150Estimated Mortgage Balance
$136,393Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,078 /month
Positive
Cash Flow Estimate:
$1,026 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$815/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,211
$425,000
2025
$70,000
$355,000
$425,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,211
$425,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Credit Union Of Texas
Unknown
$377,150
No
First
Apr 16, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$376,607
$136,393
26%
73%
$2,262/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$2,262/mo
$-335/mo
4.5%

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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