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$389,000

NAL Estimated Property Value

3517 Lake Pontchartrain Drive, Arlington, TX, 76016

$414,478 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,629 Sq Ft
price_per_sqft$128.95 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Electric Oven
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size10,319 sqft

Building Information

Year Built1977
Stories1
Garage Spaces2

Land Information

APN12760C-B-8
Lot Number8
SubdivisionEnchanted Lake Estate
Land UseResidential
Legal DescriptionENCHANTED LAKE ESTATE BLOCK B LOT 8 & PART OF COMMON AREA
Census Tract121609
Assessed Land Value$75,000
Assessed Improvement Value$312,429
Assessment Year2025

About this property

This charming single-story home in the much desired Enchanted Lake Estates is ready for new owners to make it their own. An exceptional opportunity to own a home near Lake Arlington with a neighborhood pool, tennis, lake access and more. In addition to 3 beds, 3 full baths, the home offers an office space, large kitchen, 2 living areas, a sunroom, plus a large bonus room that could be a bedroom, game room or a home gym. Don't forget to check out the pool that is just waiting to be filled again and enjoyed by all. Home being sold AS-IS. School attendance zone is in award winning Martin High School.

Investor Tools

Property Icon
$389,000
Estimated Property Value
$400,998Estimated Mortgage Balance
$389,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$414,478
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,334 /month
Positive
Cash Flow Estimate:
$778 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$694/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,382
$387,429
2025
$75,000
$312,429
$387,429
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,382
$387,429

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Trust Cu
Stand Alone First / Home Equity First Lien
$300,700
No
First
Aug 30, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$400,998
N/A
0%
103%
$2,571/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$3,021/mo
$-431/mo
8.0%

City: Arlington

3517 Lake Pontchartrain Drive | Property Details | No Agent List