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A+
NoAgentList RatingHow are grades calculated? Info

$350,272

5503 Parliament Drive, Arlington, TX, 76017

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,066 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$113.75 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size9,448 sqft

Building Information

Year Built1980
Stories1
Garage Spaces2

Land Information

APN21085-5-42
Lot Number42
SubdivisionIndian Oaks Estates
Land UseResidential
Legal DescriptionINDIAN OAKS ESTATES BLOCK 5 LOT 42
Census Tract111534
Assessed Land Value$49,500
Assessed Improvement Value$300,772
Assessment Year2025

About this property

Best schools in Arlington! Well maintained property in great neighborhood. 3 Bed,3 Full Bath. A large loft that can be use as game room, office or even 4th Bedroom, with its own full bath and closet. Remodeled kitchen, wood floors, vaulted ceilings, fresh paint, new carpet. Close to shopping, entertainment, parks, restaurants, dining and highway. New roof installed!! Ready to move in! Virtual Tour Available.

Investor Tools

Property Icon
$350,272
Estimated Property Value
$0Estimated Mortgage Balance
$139,090Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,102 /month
Positive
Cash Flow Estimate:
$701 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$784/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,655
$350,272
2025
$49,500
$300,772
$350,272
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,655
$350,272

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Department Of Housing & Urban Dev
Fha
$211,105
Yes
First
Sep 21, 2023
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$211,182
$139,090
39%
60%
$1,331/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,010/mo
$1,331/mo
+$679/mo
6.9%

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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5503 Parliament Drive | Property Details | No Agent List