$635,000

165 E Lexington Ave Gilbert, AZ 85234

Heritage District Neighborhood

Estimated payment $4,005/month

3 Beds
2.5 Baths
2,106 Sq Ft
$302 Price per Sq Ft

Highlights

  • Contemporary Architecture
  • Granite Countertops
  • Breakfast Room
  • Loft
  • Community Pool
  • 2 Car Direct Access Garage

About This Home

Investors--don't miss this rare opportunity! This is one of the limited homes in Aspire Heritage District currently approved for long-term rental use. With the HOA limiting the number of investment-owned rental properties, opportunities like this may be difficult to find again.

Currently leased for $2,645/month through April 30, 2027, providing immediate rental income for the new owner.

Important: To maintain its status as an approved Long-Term Investment Owned Unit, the home must remain leased in accordance with HOA requirements. Short-term rentals are not permitted.

Buyer to verify all HOA rental requirements, restrictions, and transfer/continued eligibility provisions.

Listing Agent

Blaine Jarvis

Four Peaks Property Management LLC License #SA027837000 Listed on: 08/13/2026

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,825

Year Built

  • Built in 2021

Lot Details

  • 1,500 Sq Ft Lot
  • Two or More Common Walls
  • Desert faces the back of the property

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Home Design

  • Contemporary Architecture
  • Brick Veneer
  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 2,106 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Breakfast Room
  • Loft

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Double Vanity
  • Private Water Closet

Laundry

  • Laundry on upper level
  • Washer Hookup

Schools

  • Neely Traditional Academy Elementary School
  • Mesquite Jr High Middle School
  • Gilbert High School

Utilities

  • Central Air
  • Heating Available
  • Programmable Thermostat
  • High Speed Internet

Additional Features

  • North or South Exposure
  • Patio
  • Property is near bus stop

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 304-15-891

Community Details

Overview

  • Association fees include maintenance exterior, ground maintenance
  • Aspire Association, Phone Number (480) 737-9946
  • Built by Aspire Builders
  • Aspire At Heritage District Subdivision, Albright Floorplan

Recreation

  • Community Pool
  • Bike Trail

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,825

Year Built

Built in 2021

Lot Details

1,500 Sq Ft Lot

HOA Fees

$280 per month

Parking

2

Listing Details

  • Cross Street: GILBERT/ELLIOTT
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 280.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2021
  • Tax Year: 2025
  • Master Model: ALBRIGHT
  • Property Sub Type: Townhouse
  • Horses: No
  • Lot Size Acres: 0.03
  • Subdivision Name: ASPIRE AT HERITAGE DISTRICT
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 301.52
  • Const - Finish:Const - Finish: Painted, Stucco, Brick Veneer
  • Cooling:Cooling: Ceiling Fan(s), Central Air, Programmable Thmstat
  • Other Rooms:Other Rooms: Loft
  • Technology:Technology: High Speed Internet
  • Building Style:Building Style: String
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Dishwasher, Refrigerator, Electric Cooktop
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: 3/4 Bath Master Bdrm, Double Vanity, Breakfast Bar, Pantry, Kitchen Island, Granite Counters, High Speed Internet, Upstairs
  • Living Area: 2106.0
  • Stories: 2
  • Window Features: Vinyl Frame, Dual Pane, Low-Emissivity Windows
  • Additional Bedroom:Additional Bedroom: Master Bedroom Walk-in Closet, Other Bedroom Walk-in Closet
  • Dining Area:Dining Area: Breakfast Room, Breakfast Bar
  • Kitchen Features:Kitchen Features: Dishwasher, Refrigerator, Pantry, Kitchen Island, Electric Cooktop, Granite Counters
  • Laundry:Laundry: Washer Hookup, Upstairs Laundry
  • Master Bathroom:Master Bathroom: 3/4 Bath Master Bdrm, Double Vanity, Private Toilet Room
  • Master Bedroom:Master Bedroom: Upstairs
  • Window Features:Window Features: Vinyl Frame, Dual Pane, Low-Emissivity Windows

Exterior Features

  • Fencing: None
  • Lot Features: North/South Exposure, Desert Back
  • Pool Private: No
  • Disclosures: Other (See Remarks)
  • Common Walls: Two Levels, 2+ Common Walls
  • Construction Type: Wood Frame, Painted, Stucco, Brick Veneer
  • Patio And Porch Features: Patio
  • Roof: Built-Up
  • General Property Description:Community Pool YN2: Yes
  • General Property Description:Private Pool YN2: No
  • Community Pool Features:Community Pool Features: Outdoor

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 2.0

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Programmable Thmstat
  • Heating: Electric
  • Laundry Features: Washer Hookup, Upstairs Laundry
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public
  • Utilities:Utilities: SRP

Condo/Co-op/Association

  • Community Features: Gated, Near Bus Stop, Biking/Walking Path
  • Association Fee: 280.0
  • Association Fee Frequency: Monthly
  • Association Name: ASPIRE
  • Phone: 480-737-9946
  • Association: Yes

Association/Amenities

  • Association Fees:HOA DisclosureAddendum Affirmation: No
  • Association Fees:HOA Transfer Fee2: 150.0
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 1000.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $

Fee Information

  • Association Fee Includes: Maintenance Exterior, Maintenance Grounds

Schools

  • Elementary School: Neely Traditional Academy
  • High School: Gilbert High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Mesquite Jr High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1500.0
  • Parcel #: 304-15-891

Building Info

  • Builder Name: Aspire Builders

Tax Info

  • Tax Annual Amount: 2825.0
  • Tax Book Number: 304.0
  • Tax Lot: 3
  • Tax Map Number: 15.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,825 $31,117
2024 $2,735 $29,636
2023 $2,735 $56,070 $11,210 $44,860
2022 $2,660 $40,120 $8,020 $32,100
2021 $143 $2,340 $2,340 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/13/2026 08/13/26 For Sale $635,000 -- $302 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- --
Special Warranty Deed $622,430 Clear Title Agency Of Az
Warranty Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $408,000 New Conventional
Previous Owner $400,000 Commercial
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7066549

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-15-891

Arizona Maricopa County Gilbert 85234 Heritage District

165 E Lexington Ave, Gilbert, AZ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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Blaine Jarvis
Listing Agent
Blaine Jarvis
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Four Peaks Property Management LLC
(480) 433-6163
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