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$279,900

5604 Atlantis Terrace, Arlington, TX, 76016

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,434 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$195.19 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
FlooringTile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size7,797 sqft

Building Information

Year Built1977
Stories1
Garage Spaces2

Land Information

APN23260-D-10
Lot Number10
SubdivisionLakeridge Estates Addition
Land UseResidential
Legal DescriptionLAKERIDGE ESTATES ADDITION BLOCK D LOT 10
Census Tract121608
Assessed Land Value$56,800
Assessed Improvement Value$175,200
Assessment Year2025

About this property

Be sure to take a look at this nice home on a wooded lot in Lakeridge Estates which is one of the most popular additions in Arlington!!...this property is now vacant and has been renovated with new bedroom and closet flooring, new range and microwave, recently replaced all windows with high efficiency windows, has new window coverings and is freshly painted. Owner also has added insulation and decking for storage in the attic. Has Several nice trees in front and back, this location is ideal for workers going to Fort Worth, HEB area, DFW International Airport, Grand Prairie and Dallas area with quick and easy access to Interstates and major arterials.

Investor Tools

Property Icon
$267,000
Estimated Property Value
$0Estimated Mortgage Balance
$267,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,679 /month
Positive
Cash Flow Estimate:
$560 /month

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Art Rolader

Arthur Rolader - Broker

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$534/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,072
$232,000
2025
$56,800
$175,200
$232,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,072
$232,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
World Svgs Bank Fsb
Stand Alone First / Home Equity First Lien
$59,500
No
First
N/A
Feb 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$267,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
N/A
+$2,590/mo
11.6%

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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5604 Atlantis Terrace | Property Details | No Agent List