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$346,000

NAL Estimated Property Value

5402 Forest Bend Dr, Arlington, TX, 76017

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,064 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$140.5 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOther

Exterior

Lot Size8,124 sqft

Building Information

Year Built1979
Stories1
Garage Spaces2

Land Information

APN31250-23-8
Lot Number8
SubdivisionOverland Stage Estates
Land UseResidential
Legal DescriptionOVERLAND STAGE ESTATES BLOCK 23 LOT 8
Census Tract111531
Assessed Land Value$75,000
Assessed Improvement Value$263,705
Assessment Year2025

About this property

EXCEPTIONALLY RARE FIND! Enjoy how it feels to breathe new life into a beloved older home in S. Arlington! Bring your designer touch to this 2000+ SF estate! Single level home featuring 4 spacious bedrooms, 2 primary suites, 3 full bathrooms, and a 2 car garage located in Overland Stage Estates, Martin HS! Quiet, peaceful treed lot in S. Arlington with covered front porch and extended back patio deck! Traditional floorplan featuring formal dining at entry, large living room with soaring vaulted ceiling and fireplace. One primary suite has vaulted ceiling and skylight in bath. One primary suite has doors to patio. The other two bedrooms are split to their own hall offering privacy. There is a full size laundry room and a nice 2 car garage with opener. The property is ideally situated just minutes from Highway 287, I-20, major shopping areas, and restaurants. Seize the opportunity to turn this traditional 1970s home into a beloved show stopper in 2024! Priced to reno from head to toe!

Investor Tools

Property Icon
$346,000
Estimated Property Value
$193,259Estimated Mortgage Balance
$152,741Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,076 /month
Positive
Cash Flow Estimate:
$692 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$234/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,077
$338,705
2025
$75,000
$263,705
$338,705
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,077
$338,705

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending
Conventional
$199,500
No
First
Aug 30, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$193,259
$152,741
44%
56%
$1,197/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,010/mo
$1,197/mo
+$813/mo
7.0%

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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5402 Forest Bend Dr | Property Details | No Agent List