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$704,000

NAL Estimated Property Value

3005 Waterway Court, Arlington, TX, 76012

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,264 Sq Ft
price_per_sqft$105.3 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Laminate, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size24,245 sqft

Building Information

Year Built1990
Stories2
Garage Spaces2

Land Information

APN45263C-1-15
Lot Number15
SubdivisionWaterway Park North
Land UseResidential
Legal DescriptionWATERWAY PARK NORTH BLOCK 1 LOT 15 & PART OF CE
Census Tract121612
Assessed Land Value$98,111
Assessed Improvement Value$434,852
Assessment Year2025

About this property

New Roof as of July 13! Absolutely move-in ready!! Lots of beautiful new updates, painting, light fixtures and appliances. Gorgeous canal setting on a quiet cul-de-sac. The inviting feel of the home is accentuated by the views of the canal across the back with an enchanting water feature.Downstairs your family can enjoy a lovely family room with a large window offering an open feel to the flow of the house. A gracious dining room adds to your enjoyment with family and friends. The large master bedroom and bath provide a private retreat with room for a sitting area. Upstairs are three bedroom, two full baths, study, which would make a great room for homeschooling! There is plenty of space for everyone

Investor Tools

Property Icon
$704,000
Estimated Property Value
$406,267Estimated Mortgage Balance
$297,733Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,224 /month
Positive
Cash Flow Estimate:
$1,408 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,164/month
$560/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,444
$532,963
2025
$98,111
$434,852
$532,963
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,444
$532,963

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Keller Mortgage Llc
Va
$456,358
Yes
First
Sep 4, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$406,267
$297,733
42%
58%
$2,737/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
$3,297/mo
$-912/mo
4.1%

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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3005 Waterway Court | Property Details | No Agent List