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$385,896

NAL Estimated Property Value

816 N Bowen Road, Arlington, TX, 76012

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,306 Sq Ft
price_per_sqft$139.64 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Off-Market ListHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Stone, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size8,059 sqft

Building Information

Year Built1963
Stories1
Garage Spaces4

Land Information

APN30885-7-7
Lot Number7
SubdivisionOaks, The (Arlington)
Land UseResidential
Legal DescriptionOAKS, THE (ARLINGTON) BLOCK 7 LOT 7
Census Tract121613
Assessed Land Value$65,000
Assessed Improvement Value$320,896
Assessment Year2025

About this property

Vacant & Move in Ready! Very Spacious North Arlington 5 Bedroom Home located in the Arlington Oaks Community right next to Interlochen Estates. This Home features Towering Trees, Circular Drive and parking for 10 or 12 cars, a Huge Fully Equipped and updated Gourmet Kitchen with Island, Gas Cooking, and beautiful White Cabinetry. Texas Size Formal Dining Room, Texas Size Family Room and Wood Floors. Located 7 miles to Texas Live, ATnT Stadium, Texas Rangers Field, Six Flags, Water Park. Also 19 mins to DFW Airport. This is a must see Home. Due to the Location of this Home it will not last long. Back on Market Buyer was not approved for loan.

Investor Tools

Property Icon
$385,896
Estimated Property Value
$248,413Estimated Mortgage Balance
$137,483Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,315 /month
Positive
Cash Flow Estimate:
$772 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$861/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,402
$385,896
2025
$65,000
$320,896
$385,896
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,402
$385,896

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texasbank
Purchase Money Mortgage
$270,000
No
First
Feb 7, 2022
Mar 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$248,413
$137,483
35%
64%
$1,619/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,619/mo
+$308/mo
6.0%

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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816 N Bowen Road | Property Details | No Agent List