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$369,000

NAL Estimated Property Value

5405 Lookout Trail, Arlington, TX, 76017

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,358 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$139.95 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Gas Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size7,719 sqft

Building Information

Year Built1987
Stories2
Garage Spaces2

Land Information

APN18200-8-6
Lot Number6
SubdivisionHighpoint Addition
Land UseResidential
Legal DescriptionHIGHPOINT ADDITION BLOCK 8 LOT 6
Census Tract111532
Assessed Land Value$55,000
Assessed Improvement Value$264,000
Assessment Year2025

About this property

If this front porch doesn't scream WELCOMING I don't know what does! The dual-purpose formal living and dining area are a multi-functional dream & this GARGANTUAN kitchen features an abundance of counter space, a wine bar, & a built-in desk. Your living room offers built-in bookshelves & plenty of space. Shall we head upstairs? Here you'll find a BEAUTIFUL sitting area, an ELEGANT guest bathroom, & 4 great bedrooms. You're going to fall head over heels for this GIGANTIC master suite, featuring one SOPHISTICATED bathroom with a MASSIVE shower, & jetted tub! But that's not all the backyard at 5405 Lookout is sure to impress with a storage shed and plenty of wide-open space! Don't you dare miss out on this house!

Investor Tools

Property Icon
$369,000
Estimated Property Value
$299,236Estimated Mortgage Balance
$69,764Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,214 /month
Positive
Cash Flow Estimate:
$738 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$610/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,475
$319,000
2025
$55,000
$264,000
$319,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,475
$319,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primary Residential Mortgage Inc
Fha
$328,932
Yes
First
Aug 27, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$299,236
$69,764
18%
81%
$1,973/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,490/mo
$1,973/mo
+$517/mo
8.1%

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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5405 Lookout Trail | Property Details | No Agent List