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$290,000

5209 Manhassett Dr, Arlington, TX, 76018

Under ContractInfo
Beds3 Beds
Baths2 Bath
Baths1,615 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$179.57 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size5,097 sqft

Building Information

Year Built1989
Stories1
Garage Spaces2

Land Information

APN31893-8-4
Lot Number4
SubdivisionPaxton Village
Land UseResidential
Legal DescriptionPAXTON VILLAGE BLOCK 8 LOT 4
Census Tract111513
Assessed Land Value$45,882
Assessed Improvement Value$189,118
Assessment Year2025

About this property

Welcome to this charming 3-bedroom, 2-bath, 2-car garage home in the heart of South Arlington! Nestled in the established neighborhood of Paxton Village, with easy access to Hwy 360, The Parks Mall, Grand Prairie Premium Outlets, and the EPIC Central entertainment district, easy access to downtown FW and Dallas, this location can't be beat! Whether you're a first-time homebuyer or an investor looking for your next opportunity, this home is just waiting for your personal touch. This home has Freshly painted exterior, new gutters, new flooring, updated recessed lighting! High Ceilings! With good bones and a functional layout, it's the perfect space to make your own. Enjoy the backyard ideal for grilling, entertaining, or unwinding after a long day. This home is ready for its next chapter and its next owners. Don't miss this opportunity! Schedule your showing today and bring your imagination!

Investor Tools

$257,102Estimated Mortgage Balance
$19,269Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,740 /month
Positive
Cash Flow Estimate:
$580 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$412/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,571
$235,000
2025
$45,882
$189,118
$235,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,571
$235,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Fha
$274,928
Yes
First
Nov 25, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$257,102
$5,898
2%
93%
$1,649/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,690/mo
$1,649/mo
+$1,041/mo
11.7%

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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