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Days25Days on Market
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$175,000

612 Rainbow Creek Court, Arlington, TX, 76012

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size16,117 sqft

Land Information

APN40891-1-23
Lot Number23
SubdivisionSunset Hills - Arlington
Land UseResidential
Legal DescriptionSUNSET HILLS - ARLINGTON BLOCK 1 LOT 23
Census Tract121612
Assessed Land Value$115,000
Assessment Year2025

About this property

Located in the prestigious private and gated Sunset Hills community, this 0,37 acre homesite offers a rare opportunity for investors or those with a dream to build their dream home, in one of Arlington's most sought after neighborhoods. Surrounded by elegant custom homes and a refined setting, the property delivers the privacy, exclusivity, and upscale appeal that make this location truly special. The most important first step is already complete, with an existing retaining wall in place to help prepare the lot for future construction and add immediate value. A survey is available, and floor plans are included in the documents, providing a strong head start for your vision. Ideally situated with quick access to I-30, this premier location is just minutes from AT&T Stadium, Globe Field, Texas Live, The University of Arlington, Tierra verde Golf Club, Six Flags Over Texas, and an exceptional selection of shopping, dinning and entertainment. This is a standout opportunity to secure land in a luxury Arlington setting with convenience, prestige and immediate long term potential.

Investor Tools

Property Icon
$126,000
Estimated Property Value
$0Estimated Mortgage Balance
$126,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,050 /month
Positive
Cash Flow Estimate:
$350 /month

Interested in this property?

Alicia Trevino

Realty of America, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$262/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,514
$115,000
2025
$115,000
N/A
$115,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,514
$115,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$126,000
100%
0%
$0/mo

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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612 Rainbow Creek Court | Property Details | No Agent List