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$2,281,830

NAL Estimated Property Value

2506 Perkins Rd, Arlington, TX, 76016

Off MarketInfo
Beds5 Beds
Baths6 Bath
Baths7,608 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$299.03 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Warming Drawer
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Outdoor Kitchen
Lot Size1.36 acres

Building Information

Year Built1998
Stories2
Garage Spaces3

Land Information

APN990--8R
Lot Number8R
SubdivisionArlington Shores
Land UseResidential
Legal DescriptionARLINGTON SHORES LOT 8R 1.3397 ACRES
Census Tract121609
Assessed Land Value$285,410
Assessed Improvement Value$1,996,420
Assessment Year2025

About this property

Exquisite Santa Barbara Style Mediterranean Lakefront Estate! This luxurious residence boasts a stunning setting, bathed in an abundance of natural light showcasing grand living and dining areas, hardwood floors and beamed ceilings that exude warmth and timeless charm.The Impressive kitchen is complete with a Viking Gas range, Sub-Zero refrigerator, and dual dishwashers.The Taj Mahal Quartzite & butcher block counters with Walker Zanger backsplash perfectly blend style and functionality. Primary & guest bedroom are located on lower level, every bedroom in this residence offers an ensuite bath. Upstairs, you'll find 3 additional bedrooms, a game room, and an exercise room. Indulge in the outdoors with sparkling pool, multiple loggias offering a fireplace and kitchen allowing you to relax while taking in beautiful views of the lake and sunsets. Don't miss this opportunity to own this remarkable lakefront estate, combining luxurious features, impeccable design, and a breathtaking location

Investor Tools

Property Icon
$2,281,830
Estimated Property Value
$1,902,861Estimated Mortgage Balance
$378,969Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,691 /month
Positive
Cash Flow Estimate:
$4,564 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$5,107/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$49,871
$2,281,830
2025
$285,410
$1,996,420
$2,281,830
No

Tax History

Year
Tax Paid
Assessed Value
2024
$49,871
$2,281,830

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homexpress Mortgage Corp
Conventional
$2,000,000
No
First
Sep 22, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,902,861
$378,969
16%
83%
$11,992/mo

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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2506 Perkins Rd | Property Details | No Agent List