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$320,000

Beds
3
Baths
2.0
sq ft
1,527

5821 Terra Dr, Arlington, TX 76017

5821 Terra Dr

Arlington, TX 76017

  • 10 days on market
Welcome to this beautiful, well-maintained 3 bedroom, 2 bathroom home located in a serene and family friendly neighborhood. The living room is warm and welcoming with a wood burning fireplace, beautiful wood floors and large windows that provide plenty of natural lighting. The modern kitchen provided plenty of cabinet space and a cozy dining area. The primary bedroom offers a peaceful retreat with a generous walk in closet and bathroom featuring dual sinks, a bathtub and separate shower. Two additional bedrooms are upstairs with wood flooring, closet space and easy access to the full bathroom. Other features include a new AC unit, roof less than 2 years old, sprinkler system, two car garage, small loft area and covered patio. Located just minutes from a local park, shopping and schools, this home offers both convenience and comfort. Seller has a survey. Refrigerator, washer and dryer are negotiable.

Details

Property type

Single Family Residence

Est. home value

$304,658

Lot size

5,662.8 sq ft

Price per sq ft

$210

Year built

1987

Annual property taxes

$6,685

Price History

03/26/2025
NTREIS

NTREIS #20879398

Listed
$320,000
12/22/2023
NTREIS

NTREIS #20434804

Removed
12/05/2023
NTREIS

NTREIS #20434804

Pending
$299,000

Schools & Community

Neighborhood: 

Southwest

Elementary school: 

Moore

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

$155,527
Asking price
$320,000
Closing costs (~8% of asking)
-$25,600
Est. remaining loan balance
-$138,873
Cash to seller
$155,527

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

Seller’s Loan History

Lender

Inwood National Bank

Loan start date

September 2016

Original loan amount

$171,101

Est. remaining balance

$138,873

Interest rate

3.43%

Loan type

New Conventional, 30 year

Seller

Hugo M Velasquez

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: 04/05/2025 at 8:15 PM

Listing updated: 04/03/2025 at 7:56 AM

Listed by: Patti Bostad, Help U Buy Realty, Inc Phone #: (817) 822-5792

MLS: NTREIS #20879398

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