Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$650,000

6401 Shorewood Drive, Arlington, TX, 76016

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths2,961 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$219.52 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Double Oven, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit, Gas Grill, Rain Gutters, Outdoor Kitchen
Lot Size26,998 sqft

Building Information

Year Built1976
Stories1
Garage Spaces2

Land Information

APN38510-I-2R
Lot Number2R
SubdivisionShorewood Addition
Land UseResidential
Legal DescriptionSHOREWOOD ADDITION BLOCK I LOT 2R
Census Tract121609
Assessed Land Value$84,135
Assessed Improvement Value$464,152
Assessment Year2025

About this property

This one is a must-see! The backyard is like a resort with trees, a waterfall in the pool, a covered patio, a fireplace, and a fire pit. The kids can play basketball, swim, and play in the large backyard. The entire house is updated with granite countertops, new tile, and new cabinets in the kitchen and bathrooms. It was freshly painted last year. The roof was replaced in 2015-2016. The pool was totally redone in 2015. New tankless water heater in 2020. All windows were replaced with energy-efficient windows. All new lighting and trim throughout. Additional 765 sq feet in the separate GUEST COTTAGE and OFFICE, which includes a large room with a full sink, disposer, and electricity for refrigerator and oven. A full bathroom with a large shower is attached and an office with a separate private locked door is perfect for a work-at-home employee.

Investor Tools

Property Icon
$587,000
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
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,243/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,983
$548,287
2025
$84,135
$464,152
$548,287
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,983
$548,287

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Truist Bank
Unknown
$635,000
No
First
Nov 17, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$593,827
N/A
0%
101%
$3,808/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,210/mo
$3,808/mo
$-598/mo
6.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

6401 Shorewood Drive | Property Details | No Agent List