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B+
NoAgentList RatingHow are grades calculated?Info
Days137Days on Market
Views1view
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$3,100

3318 Summergrove Dr, Arlington, TX, 76001

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,685 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.15 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Exterior FeaturesRain Gutters
Lot Size8,538 sqft

Building Information

Year Built1994
Stories1
Garage Spaces2

Land Information

APN42273-2-5
Lot Number5
SubdivisionTiverton Oaks Estates
Land UseResidential
Legal DescriptionTIVERTON OAKS ESTATES BLOCK 2 LOT 5
Census Tract111402
Assessed Land Value$57,538
Assessed Improvement Value$379,968
Assessment Year2025

About this property

Spacious 4-bedroom, 3-bath home available for lease in a well-established Arlington neighborhood. The split-bedroom floor plan offers excellent privacy, making it a great fit for roommates, multi-generational living, or anyone needing separate living spaces. With two large living areas connected by a double-sided fireplace, there's plenty of room to spread out while still enjoying shared gathering spaces. The open kitchen overlooks the main family room, making everyday living and entertaining easy. The private primary suite is separated from the secondary bedrooms, and the additional bedrooms offer flexibility for family members, guests, or a home office. Enjoy a covered back patio and shaded backyard for outdoor living. Centrally located in the DFW Metroplex with convenient access to major highways, shopping, dining, entertainment, hospitals, and Arlington's major employers. An ideal lease option for those relocating to the area, on temporary assignment, between homes, or looking for flexible living arrangements.

Investor Tools

$267,327Estimated Mortgage Balance
$170,849Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,625 /month
Positive
Cash Flow Estimate:
$875 /month

Interested in this property?

Raina Bryant

Fathom Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$780/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,171
$437,506
2025
$57,538
$379,968
$437,506
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,171
$437,506

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Susser Bank
Conventional
$252,225
No
First
Oct 29, 2015
Nov 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$267,327
$170,179
38%
61%
$1,963/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,130/mo
$1,963/mo
+$1,167/mo
8.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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