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$428,000

NAL Estimated Property Value

3703 Pelican Court, Arlington, TX, 76016

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,452 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$118.23 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Ice Maker, Microwave, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan, Electric Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size7,693 sqft

Building Information

Year Built1984
Stories2
Garage Spaces2

Land Information

APN38515-4-39
Lot Number39
SubdivisionShorewood Estates Ph 1-5 Addn
Land UseResidential
Legal DescriptionSHOREWOOD ESTATES PH 1-5 ADDN BLOCK 4 LOT 39
Census Tract121609
Assessed Land Value$71,250
Assessed Improvement Value$314,491
Assessment Year2025

About this property

This GORGEOUS home near Lake Arlington in Martin ISD is a RARE find! Unique architectural details throughout the home offering several SKYLIGHTS, tall ceilings, and NATURAL lighting. You will love the GORGEOUS BACKYARD, with great landscaping backing to a creek offering a secluded feel. This home has TWO living areas and an ADORABLE WET BAR for entertaining guests. The LARGE master bedroom suite and one bedroom are downstairs. The Master bath has dual sinks and a large JACUZZI tub. Original WOOD FLOORING downstairs leading to a SUNROOM. The upstairs CATWALK overlooks the family area on the way to the additional GENEROUS SIZED BEDROOMS connected by a jack & jill bathroom. Don’t miss out on this CHARMING home!

Investor Tools

Property Icon
$428,000
Estimated Property Value
$290,209Estimated Mortgage Balance
$137,791Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,568 /month
Positive
Cash Flow Estimate:
$856 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$726/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,573
$385,741
2025
$71,250
$314,491
$385,741
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,573
$385,741

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nationstar Mortgage Llc
Conventional
$317,200
No
First
Nov 19, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$290,209
$137,791
32%
68%
$1,902/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$1,902/mo
+$688/mo
7.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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3703 Pelican Court | Property Details | No Agent List