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$497,000

NAL Estimated Property Value

3700 Lakeridge Road, Arlington, TX, 76016

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,919 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$130.18 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Double Oven, Electric Cooktop, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan, Washer
FlooringCeramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit, Rain Gutters, Storage
Lot Size15,120 sqft

Building Information

Year Built1975

Land Information

APN38510-G1-7-30
Lot Number7
SubdivisionShorewood Addition
Land UseResidential
Legal DescriptionSHOREWOOD ADDITION BLOCK G1 LOT 7
Census Tract121609
Assessed Land Value$75,000
Assessed Improvement Value$370,384
Assessment Year2025

About this property

Located on a quiet street, this wonderfully maintained home with sparkling pool is a must see. Major updates to the home include, but not limited to, a completely renovated kitchen with new cabinets, granite, double ovens and farm sink, master bathroom with new tile flooring, glass shower, new cabinets and light fixtures. Other highlights include wood flooring through most of the home, pella windows and the interior and exterior were recently painted. The spacious living room has a beamed cathedral ceiling, built-in shelves and a rock wood burning fireplace. You’ll love entertaining year round in the backyard with firepit and sparkling pool. Convenient to I20. Come view this home today before it’s gone!

Investor Tools

Property Icon
$497,000
Estimated Property Value
$338,974Estimated Mortgage Balance
$158,026Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,982 /month
Positive
Cash Flow Estimate:
$994 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$854/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,761
$445,384
2025
$75,000
$370,384
$445,384
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,761
$445,384

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security National Mortgage Co
Va
$380,000
Yes
First
Oct 8, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$338,974
$158,026
31%
68%
$2,279/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$2,279/mo
+$311/mo
6.3%

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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3700 Lakeridge Road | Property Details | No Agent List