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$389,388

NAL Estimated Property Value

5700 Cherrywood Ln, Arlington, TX, 76016

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths2 Bath
Baths1,918 Sq Ft
price_per_sqft$1.23 / sqft
Year BuiltBuilt in 2004

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Lot Size13,996 sqft

Building Information

Year Built2004
Stories1
Garage Spaces2

Land Information

APN23190-3-13
Lot Number13
SubdivisionLake Hill Estates Addition
Land UseResidential
Legal DescriptionLAKE HILL ESTATES ADDITION BLOCK 3 LOT 13
Census Tract121608
Assessed Land Value$75,000
Assessed Improvement Value$314,388
Assessment Year2025

About this property

Welcome to 5700 Cherrywood Lane, a beautifully maintained single-story home in one of Southwest Arlington’s most desirable neighborhoods. Situated on a spacious corner lot with mature trees, this 3-bedroom, 2-bath residence offers approximately 1,918 square feet of comfortable living space and exceptional curb appeal. Inside, you’ll find an open-concept layout filled with natural light, neutral finishes, and a warm family room featuring a stunning floor-to-ceiling brick fireplace. The kitchen offers abundant cabinet storage, a walk-in pantry, and flows seamlessly into the main living area, making it ideal for both everyday living and entertaining. The private primary suite features tray ceilings, direct access to the backyard patio, and a large walk-in closet. Two additional bedrooms are generously sized and include ample closet space. A dedicated utility room provides extra storage and convenience. Step outside to enjoy the oversized, beautifully landscaped backyard with plenty of room for outdoor activities, gatherings, or simply relaxing in a peaceful setting. Conveniently located near Lake Arlington, parks, shopping, dining, and major commuter routes, this home combines comfort, space, and an outstanding location. Key Features: • 3 Bedrooms, 2 Bathrooms • Approximately 1,918 Sq. Ft. • Large Corner Lot with Mature Trees • Open Floor Plan • Floor-to-Ceiling Brick Fireplace • Walk-In Pantry • Spacious Primary Suite with Walk-In Closet • Large Landscaped Backyard • Two-Car Garage • Near Lake Arlington, Schools, Shopping, and Dining Don’t miss this opportunity to lease a spacious and inviting home in a highly sought-after Arlington neighborhood. Schedule your tour today!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$872/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,513
$389,388
2025
$75,000
$314,388
$389,388
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,513
$389,388

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$389,388
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
8.0%

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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5700 Cherrywood Ln | Property Details | No Agent List