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$340,000

5507 Petalwood Dr, Arlington, TX, 76017

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,242 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.65 / sqft
Year BuiltBuilt in 1992

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
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage
Lot Size7,187 sqft

Building Information

Year Built1992
Stories2
Garage Spaces2

Land Information

APN40695-6-8
Lot Number8
SubdivisionSummerwood Addition
Land UseResidential
Legal DescriptionSUMMERWOOD ADDITION BLOCK 6 LOT 8
Census Tract111516
Assessed Land Value$55,000
Assessed Improvement Value$313,431
Assessment Year2025

About this property

Discover your dream oasis! This spacious home offers a perfect blend of comfort and style. With multiple living and dining areas, entertaining guests is a breeze. The modern kitchen, complete with a functional island, is a chef's delight. Step outside to a backyard paradise featuring a sparkling pool and inviting pergola. The detached storage building provides ample space for your belongings. Enjoy privacy in the split bedroom floor plan. Benefit from energy savings with the installed solar panels. Recent maintenance includes HVAC seasonal service completed in April 2024 and foundation repairs in March 2023. The foundation warranty is transferable.

Investor Tools

Property Icon
$368,431
Estimated Property Value
$222,950Estimated Mortgage Balance
$152,456Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,211 /month
Positive
Cash Flow Estimate:
$737 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$401/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,973
$368,431
2025
$55,000
$313,431
$368,431
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,973
$368,431

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amwest Funding Corp
Conventional
$222,950
No
First
Aug 30, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$215,975
$152,456
41%
59%
$1,337/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,490/mo
$1,337/mo
+$1,153/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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5507 Petalwood Dr | Property Details | No Agent List