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$335,000

5714 Cherrywood Lane, Arlington, TX, 76016

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,819 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$184.17 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringTile, Vinyl

Exterior

Lot Size12,698 sqft

Building Information

Year Built1978
Stories1
Garage Spaces2

Land Information

APN23190-3-6
Lot Number6
SubdivisionLake Hill Estates Addition
Land UseResidential
Legal DescriptionLAKE HILL ESTATES ADDITION BLOCK 3 LOT 6
Census Tract121608
Assessed Land Value$75,000
Assessed Improvement Value$241,962
Assessment Year2025

About this property

Welcome to your dream home in the heart of southwest Arlington! This stunning 4-bedroom, 2-bathroom gem is perfectly nestled on a sprawling corner lot, offering unparalleled curb appeal. Step inside this completely renovated home sweet home and be greeted by soaring vaulted ceilings that create an open, airy ambiance throughout. Every detail has been thoughtfully curated with modern living in mind—boasting brand-new luxury plank flooring and designer details throughout that exude elegance. The kitchen is a chef's delight with sleek new quartz countertops, stainless steel appliances and stylish faucets, ensuring every culinary adventure is undertaken in style. The expansive living space seamlessly extends outdoors to a GORGEOUS backyard oasis—perfect for hosting gatherings or enjoying serene evenings under the stars. Comfort meets efficiency with the newly installed HVAC system for year-round climate control. Located in a vibrant community rich with amenities and top-tier schools, this home offers everything you've been searching for and more. Don't miss your chance to experience this masterpiece of design and function in one of Arlington’s most desired neighborhoods! Award winning schools - Ditto, Young and Martin!!

Investor Tools

Property Icon
$332,000
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,010 /month
Positive
Cash Flow Estimate:
$670 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$716/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,929
$316,962
2025
$75,000
$241,962
$316,962
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,929
$316,962

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Barco Funding Lp
Unknown
$270,000
No
First
Feb 24, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$537,660
N/A
0%
162%
$3,238/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$3,238/mo
$-648/mo
9.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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