INVESTORS, BUILDERS, Bring your vision to this amazing rare wooded 3-acre estate lot located in NW Arlington. Do a tear down and build a custom dream home or sub divide into several lots. There is an older home that holds little to no value. The real VALUE of this listing is the land. This property has approximately 360 feet of frontage and is approximately 350 feet deep making it a square shape that could easily be subdivided into multiple lots. So much potential and possibilities with this incredible property with easy access to both Dallas and Fort Worth. Property is being sold AS IS. Seller will not make any repairs.
Last updated on: 11/21/2024, 4:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,813
Per Month
Principal & Interest
$2,746
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,715
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Pope Elementary School
901 Chestnut Dr
Distance between this listing and this school0.74 miles
Public District Grades EE-6
5
/10
Wimbish World Language Academy
1601 Wright St
Distance between this listing and this school1.16 miles
Public Magnet Grades PK-6
9
/10
Butler Elementary School
2121 Margaret Dr
Distance between this listing and this school1.88 miles
Public District Grades EE-6
Nearby Schools
4
/10
Shackelford Junior High School
2000 N Fielder Rd
Distance between this listing and this school1.11 miles
Public District Grades 7-8
4
/10
Uplift Summit International Middle School
1301 N Center St
Distance between this listing and this school2.72 miles
Public Charter Grades 6-8
5
/10
Bailey Junior High School
2411 Winewood Ln
Distance between this listing and this school2.73 miles
Public District Grades 7-8
Nearby Schools
2
/10
Lamar High School
1400 W Lamar Blvd
Distance between this listing and this school1.35 miles
Public District Grades 9-12
3
/10
Premier High School of Arlington
5511 Ryan Plaza Dr
Distance between this listing and this school2.44 miles
Public Charter Grades 9-12
7
/10
Jean Massieu Academy
823 N Center St
Distance between this listing and this school2.54 miles
The neighbors living near this home have an average income of $76,418. Most Arlington, TX residents have annual incomes less than $35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1605WILMALANE 1605 Wilma Ln
What is the listing price of this property?
The listing price of 1605WILMALANE 1605 Wilma Ln property is $550,000.
What type of property is this?
The property 1605WILMALANE 1605 Wilma Ln is land located in Arlington, Texas, 76012.
Is this property for sale now?
Active Listing: 1605WILMALANE 1605 Wilma Ln is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property 1605WILMALANE 1605 Wilma Ln is 3.00 acres.
Interested in 1605WILMALANE 1605 Wilma Ln? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1605WILMALANE 1605 Wilma Ln in Arlington, TX and zip code 76012 in the West Arlington neighborhood. This home, which was built in 1927, sits on a 3.00 acre lot. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $550,000.
In October 2024 in Arlington, TX there were 9.9% more homes for sale than in September 2024. In October 2024 median list price was $338,621 and the average listing age was 68 days.
From Rocket Homes Real Estate and based on county public records data.