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$358,605

NAL Estimated Property Value

3125 Watercress Cir, Arlington, TX, 76012

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,763 Sq Ft
price_per_sqft$155.98 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size7,410 sqft

Building Information

Year Built1994
Stories1
Garage Spaces2

Land Information

APN45263C-3R1-56
Lot Number56
SubdivisionWaterway Park North
Land UseResidential
Legal DescriptionWATERWAY PARK NORTH BLOCK 3R1LOT 56 & PART OF CE
Census Tract121612
Assessed Land Value$70,000
Assessed Improvement Value$288,605
Assessment Year2025

About this property

Roof replaced April 2026. HVAC replaced 2022. Gas water heater replaced 2020. This home offers a spacious open floorplan in a desirable gated community. With some TLC and updates, it’s ready to shine—an excellent opportunity to add your personal touch and build equity. Carpet replacement is needed in all bedrooms, remodel on primary bathroom has been started providing a great opportunity to customize flooring and final touches to your taste. Seller is selling as-is and will not be doing any repairs.

Investor Tools

Property Icon
$358,605
Estimated Property Value
$139,652Estimated Mortgage Balance
$219,204Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,152 /month
Positive
Cash Flow Estimate:
$717 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$586/month
$880/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$358,605
2025
$70,000
$288,605
$358,605
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$358,605

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Credit Line (Revolving) / Heloc
$75,000
No
First
Sep 28, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$139,652
$218,953
61%
39%
$900/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,780/mo
+$147/mo
6.4%

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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3125 Watercress Cir | Property Details | No Agent List