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B+
NoAgentList RatingHow are grades calculated? Info

$409,000

3620 Lake Pontchartrain Dr, Arlington, TX, 76016

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,701 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$144.39 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size10,197 sqft

Building Information

Year Built1978
Stories2
Garage Spaces3

Land Information

APN12760C-E-4
Lot Number4
SubdivisionEnchanted Lake Estate
Land UseResidential
Legal DescriptionENCHANTED LAKE ESTATE BLOCK E LOT 4 & PART OF COMMON AREA
Census Tract121609
Assessed Land Value$75,000
Assessed Improvement Value$319,000
Assessment Year2025

About this property

UPDATE:PRICE ADJUSTMENT-MOTIVATED SELLER OFFERING BUYER'S CLOSING COST ASSISTANCE. Great location in a family-oriented, well-kept neighborhood in Enchanted Lake Estates! Enjoy a variety of community amenities, including access to a secluded boat dock with boat ramp, private clubhouse, a beautiful swimming pool, and well-maintained tennis courts-pickleball courts! The property is a short distance to the neighboring elementary school and feeds to Martin High School. This beautiful home offers 4 bedrooms, 3 full bathrooms, and a 3 car garage, with a private side drive entry and controlled gate. The eat in kitchen offers granite countertops and built in cabinets. With two living rooms and 2 dining rooms, it's perfect for entertaining friends and family. On the weekends you can relax on the covered porch. Also offers convenient access to I-20, Fort Worth, and Dallas. Don't miss the opportunity to own a home in this sought-after community!

Investor Tools

Property Icon
$409,000
Estimated Property Value
$376,983Estimated Mortgage Balance
$39,788Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,454 /month
Positive
Cash Flow Estimate:
$818 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$932/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,141
$394,000
2025
$75,000
$319,000
$394,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,141
$394,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank
Fha
$376,983
Yes
First
Mar 14, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$369,212
$39,788
9%
90%
$2,261/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$2,711/mo
$-121/mo
7.6%

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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3620 Lake Pontchartrain Dr | Property Details | No Agent List