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B+
NoAgentList RatingHow are grades calculated?Info

$460,659

NAL Estimated Property Value

3706 Pelican Rest Way, Arlington, TX, 76005

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths1,927 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$225.74 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Electric Oven, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size1,525 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN44730Y-1-40
Lot Number40
Land UseResidential
Legal DescriptionVIRIDIAN VILLAGE 1K BLOCK 1 LOT 40
Census Tract113120
Assessed Land Value$100,000
Assessed Improvement Value$360,659
Assessment Year2025

About this property

HIGHLY MOTIVATED SELLER!!!! PRICED $45K UNDER THE MOST RECENT SALE OF A SIMILAR FLOOR PLAN! Discover this hidden gem, a luxurious 3-story townhouse nestled on the exclusive island within the magnificent Viridian neighborhood! The spacious open floor plan, flooded with natural light through large windows, highlights a modern kitchen with an island. Each bedroom has its own ensuite bathroom, and there’s great storage throughout, featuring plantation shutters, enhanced lighting with kitchen island pendants and a dining chandelier. Enjoy views of Viridian Lake from the family room and owner’s suite. This home includes a refrigerator (as-is), washer & dryer for added convenience. Located on the island, Viridian offers an array of activities, including a sailing club, lake club, volleyball, pickleball, tennis courts, swimming pools, biking and walking trails, and a beach!

Investor Tools

Property Icon
$460,659
Estimated Property Value
$287,579Estimated Mortgage Balance
$173,080Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,764 /month
Positive
Cash Flow Estimate:
$921 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,095/month
$1,230/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,838
$460,659
2025
$100,000
$360,659
$460,659
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,838
$460,659

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$295,000
No
First
Dec 31, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$287,579
$173,080
37%
62%
$1,769/mo

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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3706 Pelican Rest Way | Property Details | No Agent List