tomo logo

$369,999

Beds
4
Baths
2.0
sq ft
1,631

5720 W Arkansas Ln, Arlington, TX 76016

5720 W Arkansas Ln

Arlington, TX 76016

  • <1 day on market
This beautifully updated 4-bedroom, 2-bathroom home situated on a large corner lot offers unique possibilities for buyers. The main home features an open floor plan, modern kitchen with stainless steel appliances, and spacious bedrooms. The master suite has the ability to function as a separate studio that would be perfect for Airbnb, long-term rental, or to use as an inlaw suite. The attached studio has a private entrance, kitchenette, and full bath. Studio also boasts a washer and dryer hookup, as well as separate temperature control with it's own mini split unit for heat and ac, making it a great option for additional income. This home is ideally located just moments from Lake Arlington with easy access to both I20 and 820. Multiple options for shopping, dining, and entertainment all around. Don’t miss this rare buying opportunity!

Details

Property type

Single Family Residence

Est. home value

$323,527

Lot size

0.314 acres

Price per sq ft

$227

Year built

1960

Annual property taxes

$6,035

Price History

03/05/2025
NTREIS

NTREIS #20861044

Listed
$369,999
04/04/2023
NTREIS

NTREIS #20231826

Removed
04/22/2022
NTREIS

NTREIS #20007835

Removed

Schools & Community

Neighborhood: 

West

Elementary school: 

Ditto

Middle school: 

Unknown

High school: 

Martin

School district: 

Arlington ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$9,015
Asking price
$369,999
Closing costs (~8% of asking)
-$29,600
Est. remaining loan balance
-$331,384
Cash to seller
$9,015

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Red Diamond Home Loans Llc

Loan start date

April 2023

Original loan amount

$339,124

Est. remaining balance

$331,384

Interest rate

6.32%

Loan type

Not Provided, 30 year

Seller

Balke Cretsinger

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/05/2025 at 9:25 PM

Listing updated: 03/05/2025 at 9:13 PM

Listed by: Tanner Milner, All City Real Estate, Ltd. Co. Phone #: (866) 277-6005

MLS: NTREIS #20861044

NTREIS logo

Recently listed in Arlington