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$464,258

NAL Estimated Property Value

7000 Lake Louise Dr, Arlington, TX, 76016

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,616 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.28 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven
FlooringCeramic Tile, Stone, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size10,176 sqft

Building Information

Year Built1981
Stories1
Garage Spaces2

Land Information

APN12760C-U-28
Lot Number28
SubdivisionEnchanted Lake Estate
Land UseResidential
Legal DescriptionENCHANTED LAKE ESTATE BLOCK U LOT 28 & PART OF COMMON AREA
Census Tract121609
Assessed Land Value$75,000
Assessed Improvement Value$389,258
Assessment Year2025

About this property

This stunning home, near Lake Arlington, is situated on a nicely sized corner lot in the highly desired Enchanted Lake Estate of Arlington! Walk into the entry of this home and your met by amazing LVP floors throughout. This home has it all...remodeled master bath suite in 2022, cedar fence, covered patio in backyard, pool resurfaced in 2022 and much more! Enjoy the wood-burning fireplace and wet bar in the main living area. The kitchen features stainless steel appliances, granite countertops, new microwave and new cooktop! Wind down in the evenings in the sunroom with views of your backyard oasis that features a large covered patio and in-ground pool with attached spa! MULTIPLE OFFERS. HIGHEST AND BEST BY 1-4 AT 12PM.

Investor Tools

Property Icon
$464,258
Estimated Property Value
$227,974Estimated Mortgage Balance
$236,284Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,786 /month
Positive
Cash Flow Estimate:
$929 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$872/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,137
$464,258
2025
$75,000
$389,258
$464,258
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,137
$464,258

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Conventional
$242,500
No
First
Feb 6, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,974
$236,284
50%
49%
$1,454/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$2,054/mo
+$536/mo
6.7%

City: Arlington

7000 Lake Louise Dr | Property Details | No Agent List