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$420,000

3512 Townlake Cir, Arlington, TX, 76016

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,298 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$182.77 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Convection Oven, Double Oven, Tankless Water Heater
FlooringHardwood, Tile

Exterior

Exterior FeaturesBalcony, Fire Pit, Rain Gutters
Lot Size8,625 sqft

Building Information

Year Built1984
Stories2
Garage Spaces2

Land Information

APN38515-6-1
Lot Number1
SubdivisionShorewood Estates Ph 1-5 Addn
Land UseResidential
Legal DescriptionSHOREWOOD ESTATES PH 1-5 ADDN BLOCK 6 LOT 1
Census Tract121609
Assessed Land Value$75,000
Assessed Improvement Value$322,395
Assessment Year2025

About this property

Check out this stunning, fully remodeled home nestled among mature trees in the highly sought-after Shorewood Estates, walking distance from Lake Arlington, and zoned to Martin High School. Exceptional curb appeal welcomes you inside to an open, light-filled floor plan featuring rich hardwood floors, designer lighting, and oversized windows that showcase the peaceful surroundings. The spacious living room offers a floor-to-ceiling fireplace and flows seamlessly into the showstopping kitchen complete with custom cabinetry, granite countertops, a large waterfall island, induction cooktop, double ovens, stainless steel appliances, and abundant storage. The private primary suite is a true retreat with direct access to a private upper patio deck, the perfect place to start your morning with a cup of coffee or unwind at the end of the day with a peaceful view. The spa-inspired primary bath features dual vanities, a walk-in shower, soaking tub, dry sauna, and generous walk-in closet. Spacious secondary bedrooms provide flexibility for family or guests. Step outside to your private backyard oasis featuring an extended covered patio with cedar pergola, lush landscaping, and plenty of room to entertain or relax. Major updates include NEW HVAC systems replaced in 2025 and a NEW roof replaced in 2025, providing added peace of mind for years to come. Additional highlights include Pella windows, an automated driveway gate, rear-entry garage, and countless high-end updates throughout. Conveniently located near Lake Arlington, parks, shopping, dining, and major highways, this move-in ready home offers luxury, comfort, and an unbeatable location. Welcome Home!

Investor Tools

$296,761Estimated Mortgage Balance
$115,255Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,520 /month
Positive
Cash Flow Estimate:
$840 /month

Interested in this property?

Preston Bauman

Nelson Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$738/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,805
$397,395
2025
$75,000
$322,395
$397,395
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,805
$397,395

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$313,500
No
First
Jun 2, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$296,761
$118,239
28%
72%
$1,880/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$1,880/mo
+$710/mo
7.6%

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.

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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