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$519,000

3601 Lake Powell Dr, Arlington, TX, 76016

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,064 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.06 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Cooktop, Wine Cooler
FlooringCeramic Tile, Tile, Wood

Exterior

Lot Size14,427 sqft

Building Information

Year Built1985
Stories1
Garage Spaces3

Land Information

APN12760C-D-17
Lot Number17
SubdivisionEnchanted Lake Estate
Land UseResidential
Legal DescriptionENCHANTED LAKE ESTATE BLOCK D LOT 17 & PART OF COMMON AREA
Census Tract121609
Assessed Land Value$112,500
Assessed Improvement Value$336,500
Assessment Year2025

About this property

Live across the street from Lake Arlington in this spacious 4-bedroom, 3.5-bath custom home, located in a quiet, private community with premium amenities including a lifeguard-monitored pool, tennis courts, and a private boat launch exclusive to residents. Built in 1985, this home features multiple living areas, two fireplaces, a large kitchen with breakfast nook, and a rare 3-car garage. With over 3,000 sq ft of living space, there's plenty of room to relax or entertain. Lake access Pet-friendly (small pets with deposit) Community pool, tennis, and boat launch Flexible layout with multiple living space. Don't miss your chance to enjoy lakeside living in one of Arlington's most desirable neighborhoods!

Investor Tools

Property Icon
$519,000
Estimated Property Value
$160,000Estimated Mortgage Balance
$397,862Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,114 /month
Positive
Cash Flow Estimate:
$1,038 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,081/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,382
$449,000
2025
$112,500
$336,500
$449,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,382
$449,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Great Western Financial Services Inc
Stand Alone First / Home Equity First Lien
$160,000
No
First
Mar 26, 2015
Apr 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$121,138
$397,862
76%
23%
$960/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,210/mo
$960/mo
+$2,250/mo
7.4%

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.

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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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3601 Lake Powell Dr | Property Details | No Agent List