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$319,000

NAL Estimated Property Value

3902 Old Place Road, Arlington, TX, 76016

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,812 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$176.6 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Refrigerator
FlooringCeramic Tile

Exterior

Exterior FeaturesRain Gutters, Private Yard, Storage
Lot Size6,717 sqft

Building Information

Year Built1977
Stories1
Garage Spaces2

Land Information

APN26255-3-26
Lot Number26
SubdivisionMission Ridge Estates Addn
Land UseResidential
Legal DescriptionMISSION RIDGE ESTATES ADDN BLOCK 3 LOT 26
Census Tract121610
Assessed Land Value$53,760
Assessed Improvement Value$246,572
Assessment Year2025

About this property

Motivated and offering $5K contribution! This lovely home awaits a new family and has been made ready with lots of great updates! New Roof and Luxury vinyl plank floors installed. Kitchen just painted in Jan. no wallpaper!. Lots of fresh paint, recently updated bath with large tub and tile accents. The deck was recently redone and painted. New stove Dec 23. This floorplan is excellent and has a large den, vaulted ceilings wood burning fireplace and very ample sized bedrooms and all have walk in closets - The kids will love their rooms! No kids??? perfect space to office at home. The front yard is very inviting with pretty tiers and nice night lighting. The back yard is so peaceful with both a covered patio and a large deck overlooking a very nice wooded yard - perfect for sitting out on the swing or having friends over for a barbeque. This is a lovely established neighborhood in a great part of S.W. Arlington - just a hop, skip and a jump from the lake and in a great schools

Investor Tools

Property Icon
$319,000
Estimated Property Value
$292,017Estimated Mortgage Balance
$26,983Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,920 /month
Positive
Cash Flow Estimate:
$640 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$525/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,700
$300,332
2025
$53,760
$246,572
$300,332
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,700
$300,332

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Fha
$304,385
Yes
First
Feb 15, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$292,017
$26,983
8%
92%
$1,825/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$1,825/mo
+$765/mo
9.7%

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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3902 Old Place Road | Property Details | No Agent List