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$250,000

5615 Alicante Dr, Arlington, TX, 76017

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,484 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$168.46 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater
FlooringCarpet, Ceramic Tile

Building Information

Garage Spaces2

About this property

Ideally located directly across from Kennedale High School and just minutes from Highway 287 and Sublett Road, this home offers exceptional convenience with quick access to downtown Fort Worth, I-20, Arlington, and Mansfield. Inside, you’ll find three spacious bedrooms, two full bathrooms, and a generous living room featuring a cozy wood-burning fireplace. The home also offers both a formal dining room and a breakfast area, providing plenty of space for everyday living and entertaining. A versatile bonus room in the garage can be used as a home office, fourth bedroom, hobby room, or removed to restore the full two-car garage. Major updates include a recently installed roof and a new HVAC system replaced in August 2023, giving the next owner added peace of mind. Situated on a quiet court, the property features a larger backyard and additional space in front for parking, playing, or outdoor activities. While the home could benefit from cosmetic updates, it has been priced accordingly, making it an excellent opportunity for buyers to add their own personal style and build equity in a highly desirable location.

Investor Tools

Property Icon
$293,000
Estimated Property Value
$99,893Estimated Mortgage Balance
$224,622Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,758 /month
Positive
Cash Flow Estimate:
$586 /month

Interested in this property?

J.D. Rolader

Realty Texas LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$464/month
No HOA
5.947%

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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5615 Alicante Dr | Property Details | No Agent List