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$491,000

NAL Estimated Property Value

3517 Lake Tahoe Dr, Arlington, TX, 76016

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,298 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.61 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

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

Exterior

Exterior FeaturesBalcony, Rain Gutters
Lot Size11,134 sqft

Building Information

Year Built1980
Stories2
Garage Spaces2

Land Information

APN12760C-A-3
Lot Number3
SubdivisionEnchanted Lake Estate
Land UseResidential
Legal DescriptionENCHANTED LAKE ESTATE BLOCK A LOT 3 & PART OF COMMON AREA
Census Tract121609
Assessed Land Value$75,000
Assessed Improvement Value$411,142
Assessment Year2025

About this property

WATER VIEW at Lake Arlington in highly sought-after neighborhood, MARTIN HS! Located in desirable Enchanted Lake Estates, this 4 bed, 3.5 baths overlooks pretty, quaint lrg back yard, facing canal that leads out to the LAKE. 2 large living areas ~ 1 perfect for GAME ROOM with access to small private patio. Island kitchen has granite counters, tile backsplash, and an abundance of cabinets. Large PRIMARY BEDROOM with sitting area, and 1 other bedroom with private bathroom are down - makes perfect GUEST SUITE - 2 beds and full bath upstairs. Large utility room with cabinets and room for fridge-freezer. Peaceful treed back yard offers patio and deck, view of canal. Neighborhood pools, clubhouse, boat dock, TENNIS-PICKLE BALL COURTS! Neighborhood-run HOA with private Board, Women's Club. Pool can be reserved for private functions, parties. Very few come up for sale in here, don't miss out!

Investor Tools

Property Icon
$491,000
Estimated Property Value
$429,970Estimated Mortgage Balance
$61,030Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$796/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$486,142
2025
$75,000
$411,142
$486,142
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$486,142

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sirva Mortgage Inc
Va
$455,000
Yes
First
May 25, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$429,970
$61,030
12%
88%
$2,728/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,210/mo
$3,328/mo
$-118/mo
7.8%

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.

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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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3517 Lake Tahoe Dr | Property Details | No Agent List