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$412,000

NAL Estimated Property Value

3611 Lake Tahoe Drive, Arlington, TX, 76016

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,317 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$135.95 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Cooktop, Electric Oven, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size9,596 sqft

Building Information

Year Built1978
Stories1
Garage Spaces2

Land Information

APN12760C-G-6
Lot Number6
SubdivisionEnchanted Lake Estate
Land UseResidential
Legal DescriptionENCHANTED LAKE ESTATE BLOCK G LOT 6 & PART OF COMMON AREA
Census Tract121609
Assessed Land Value$75,000
Assessed Improvement Value$244,000
Assessment Year2025

About this property

Incredible 4 bedroom home in the heart of Lake Arlington! Versatile floorplan features combined living & dining area that can also be used perfect for your home office. Enjoy new wood flooring throughout all the living areas! Family room is gorgeous with vaulted ceilings, stunning stone fireplace & views of the kitchen & 2nd living area! Updated Kitchen with double oven, large walkin pantry & granite countertops. The pass through bar area is ideal for entertaining, whether you are watching the big game in the living room or having family game night in the flex room! New windows across the front! Side entry driveway leads to the oversized garage! Private backyard backs to greenbelt!

Investor Tools

Property Icon
$412,000
Estimated Property Value
$224,340Estimated Mortgage Balance
$187,660Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,472 /month
Positive
Cash Flow Estimate:
$824 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$639/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,612
$319,000
2025
$75,000
$244,000
$319,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,612
$319,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$252,000
No
First
Sep 30, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$224,340
$187,660
45%
54%
$1,511/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,210/mo
$1,961/mo
+$1,249/mo
9.3%

City: Arlington

3611 Lake Tahoe Drive | Property Details | No Agent List