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B+
NoAgentList RatingHow are grades calculated? Info

$357,000

5218 Oak Springs Dr, Arlington, TX, 76016

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,157 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$169.22 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringCeramic Tile

Exterior

Exterior FeaturesPrivate Yard
Lot Size7,697 sqft

Building Information

Year Built1984
Stories2
Garage Spaces2

Land Information

APN30363-3-5
Lot Number5
SubdivisionOak Branch Estates
Land UseResidential
Legal DescriptionOAK BRANCH ESTATES BLOCK 3 LOT 5
Census Tract111546
Assessed Land Value$63,750
Assessed Improvement Value$278,549
Assessment Year2025

About this property

Rare opportunity to own a little slice of heaven right in the city. Charming home on oversized greenbelt lot. Drive up to adorable front of home with a long driveway sporting tons of parking, oversized 2 car partially enclosed carport in addition to the oversized 2 car garage. Once inside, you are greeted by the inviting living room, huge dining room or second living with fireplace, large secondary bedroom, and the comfortable eat in kitchen with ample counter and cabinet space. Continue upstairs to the gameroom, study and secondary bedroom. Study doesn't have closet, but could double as a bedroom. Master bedroom is large enough for the grandest of furnishings, complete with ensuite bathroom. Don't miss this huge private backyard with a beautiful greenbelt separating you from any neighbors on the backside. Many updates have been made in the last 4 years, including commercial 70 gal WH, downstairs porcelain tile, several windows, level 2 EV charger, HVAC condenser, half bath, and more.

Investor Tools

Property Icon
$357,000
Estimated Property Value
$360,000Estimated Mortgage Balance
$11,628Estimated Equity
-1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,190 /month
Positive
Cash Flow Estimate:
$730 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$210/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$731
$342,299
2025
$63,750
$278,549
$342,299
No

Tax History

Year
Tax Paid
Assessed Value
2024
$731
$342,299

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$360,000
Yes
First
Feb 16, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$345,372
$11,628
3%
97%
$2,159/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$2,159/mo
$-199/mo
6.6%

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.

Explore Texas Explore This Area
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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5218 Oak Springs Dr | Property Details | No Agent List