
$870,000
NAL Estimated Property Value3516 Lake Powell Dr, Arlington, TX, 76016
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About this property
One of the exceptionally few waterfront homes to become available! A departure from the ordinary, this East facing Mid-Century Modern is tucked away on one of the most prestigious streets in highly sought after Enchanted Lake Estates! Walls of windows provide panoramic views of the lake from virtually every room. Soaring, vaulted ceilings create drama and fill rooms with streams of natural light. The distinctive floor plan offers tremendous versatility. Large balcony overlooks beautiful pool, spa, and lake. Enjoy fishing and water activities with easy access from your own private dock. Imagine the unlimited options for lakefront living and entertaining in this coveted location on a premium lot, all with convenient access to highways, schools, and shopping. Special features include Stone Coated Metal roof, Trex Decking, Pella Windows, Pave Stone terraced back yard buttressed w 20' Riprap. Enchanted Lakes community offers its own private boat ramp, tennis courts, club house, and pool.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Arlington
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