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$464,000

NAL Estimated Property Value

5906 Derek St, Arlington, TX, 76016

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,530 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.87 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesTrash Compactor, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Lot Size9,609 sqft

Building Information

Year Built1985
Stories1
Garage Spaces2

Land Information

APN26893-1-4
Lot Number4
SubdivisionMoss Ridge Addition
Land UseResidential
Legal DescriptionMOSS RIDGE ADDITION BLOCK 1 LOT 4
Census Tract121610
Assessed Land Value$70,000
Assessed Improvement Value$361,754
Assessment Year2025

About this property

Don’t miss this outstanding home in the desirable Lake Arlington area within the Martin High School zone. Abundant natural light enhances the open interior, with a flowing floor plan through two spacious living areas, two dining areas, and a split layout for maximum privacy. The main living room features a floor-to-ceiling brick fireplace and opens to a second living area with a wet bar and wood-beam ceiling. The eat-in kitchen offers granite counters, stainless steel appliances, and a walk-in pantry. The spacious owners retreat includes a tub, separate shower, and walk-in closet. Three additional bedrooms and two bathrooms, including a Jack-and-Jill layout, complete the home. The backyard oasis boasts a covered patio and pool with a slide. Enjoy an expansive 2-car garage with storage and a covered carport. Recent updates include: windows, appliances, water heaters, HVAC, flex ducting and more. This home offers the perfect blend of comfort and convenience.

Investor Tools

Property Icon
$464,000
Estimated Property Value
$247,085Estimated Mortgage Balance
$216,915Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,784 /month
Positive
Cash Flow Estimate:
$928 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$210/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$204
$431,754
2025
$70,000
$361,754
$431,754
No

Tax History

Year
Tax Paid
Assessed Value
2024
$204
$431,754

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$250,000
No
First
Sep 5, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$247,085
$216,915
46%
53%
$1,499/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,210/mo
$1,499/mo
+$1,711/mo
8.3%

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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5906 Derek St | Property Details | No Agent List