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$316,000

5708 Trail Lake Dr, Arlington, TX, 76016

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,715 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$186.59 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

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

Exterior

Exterior FeaturesRain Gutters
Lot Size12,598 sqft

Building Information

Year Built2000
Stories2
Garage Spaces2

Land Information

APN23190-5-8
Lot Number8
SubdivisionLake Hill Estates Addition
Land UseResidential
Legal DescriptionLAKE HILL ESTATES ADDITION BLOCK 5 LOT 8
Census Tract121608
Assessed Land Value$75,000
Assessed Improvement Value$235,000
Assessment Year2025

About this property

Check out this stunningly updated home in Lake Hill Estates! Welcome to 5708 Trail Lake Dr., a beautifully updated 3-bedroom, 2.5-bathroom home on a spacious, tree-filled lot in the sought-after Lake Hill Estates. Featuring 1,715 sq. ft. of thoughtfully designed living space, this property offers modern updates and serene outdoor living in the heart of Arlington. Interior Highlights:Fresh interior paint and new carpet upstairs, providing a bright and comfortable feel throughout. Updated lighting fixtures and ceiling fans for a modern touch. Stylishly renovated kitchen with brand-new appliances, granite countertops, and ample cabinet space. Updated bathrooms with new fixtures and finishes. Exterior Features: Freshly painted exterior for excellent curb appeal. An expansive backyard featuring a new drainage system, retaining wall, and pergola—perfect for outdoor entertaining. A new wrought iron fence allows for unobstructed views of the tranquil creek behind the property. Additional storage provided by a custom-built shed. Located in Arlington ISD and surrounded by mature trees, this home combines modern conveniences with natural beauty. Schedule your showing today!

Investor Tools

Property Icon
$316,000
Estimated Property Value
$310,400Estimated Mortgage Balance
$0Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,920 /month
Positive
Cash Flow Estimate:
$640 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$514/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,590
$310,000
2025
$75,000
$235,000
$310,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,590
$310,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$310,400
No
First
Feb 14, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$608,004
N/A
0%
192%
$3,724/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$3,724/mo
$-1,134/mo
9.8%

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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5708 Trail Lake Dr | Property Details | No Agent List