$315,000

Estimated payment $2,144/month

Total Views 8,194
-- Bed
-- Bath
1,698 Sq Ft
$186 Price per Sq Ft

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • Ceiling Fan
  • 1-Story Property

About This Home

Great Investment Property – Income-Producing Duplex!

Excellent opportunity to own a duplex in a strong rental market with great proximity to highways, shopping, and schools.

Each unit offers 2 bedrooms and 1 bathroom, a comfortable layout, and a large fenced backyard—perfect for tenants who enjoy outdoor space and privacy.

Consistently rented with solid cash flow with long term tenants and upside potential for future rent increases. Whether you're a seasoned investor or just starting out, this is a solid addition to any portfolio. One tenant is long term and was there when seller purchased. She is on housing voucher for $1400 a month. The other tenant moved in upon purchase and currently pays $1300 a month but lease is up end of Aug. so can be raised.

Affordable investment, easy to manage, and in a high-demand area. May also be packaged with MLS 21004427, 21005431, 21005382.

Listing Agent

Sherry Patterson

Aspire Investments LLC Brokerage Phone: 817-666-3336 License #0663367 Listed on: 07/18/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,596

Year Built

  • Built in 1982

Parking

  • Driveway

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Tile
  • Luxury Vinyl Plank Tile

Schools

  • Wimbish Elementary School
  • Lamar High School

Additional Features

  • 9,540 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 17 / 4
  • Assessor Parcel Number 00743682

Community Details

Overview

  • 2 Units
  • 1,698 Sq Ft Building
  • Duplex South Add Subdivision

Building Details

  • Gross Income $33,600
  • Net Operating Income $33,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,596

Year Built

Built in 1982

Lot Details

0

Listing Details

  • OWNERNAME: of record
  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Year Built Details: Preowned
  • Attribution Contact: 817-666-3336
  • CapRate: 10.67
  • Co List Office Mls Id: FRMH00FW
  • Special Features: VirtualTour
  • Year Built: 1982

Interior Features

  • Interior Amenities: Other
  • Flooring: Luxury Vinyl Plank, Tile
  • Appliances: Dishwasher, Electric Range, Refrigerator

Exterior Features

  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Brick
  • Pool Features: None

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s), Electric
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Electric
  • Utilities: Sewer Available, Water Available
  • Heating Yn: Yes

Schools

  • Elementary School: Wimbish
  • High School: Lamar
  • Junior High Dist: Arlington ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.219
  • Parcel Number: 00743682
  • Lot Size Acres: 0.219
  • Lot Size Sq Ft: 9539.64

Building Info

  • Year Built: 1982
  • Units Total: 2

Multi Family

  • Insurance Expense: 3500.0
  • Annual Gross Income: 33600.0
  • Property Net Operating Income: 33600.0

Tax Info

  • TaxBlock: 4
  • Tax Lot: 17
  • Tax Annual Amount: 5596.0

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $5,596 $256,044 $12,000 $244,044
2024 $5,596 $256,044 $12,000 $244,044
2023 $4,967 $225,099 $12,000 $213,099
2022 $5,281 $212,319 $12,000 $200,319
2021 $5,069 $195,104 $12,000 $183,104
2020 $4,315 $171,836 $12,000 $159,836
2019 $4,464 $171,836 $12,000 $159,836
2018 $3,541 $136,293 $12,000 $124,293
2017 $2,356 $88,509 $12,000 $76,509
2016 $2,062 $77,476 $12,000 $65,476
2015 $1,978 $75,000 $12,000 $63,000
2014 $1,978 $75,000 $12,000 $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 For Sale $315,000 0.0% $186 / Sq Ft
07/23/2020 07/23/20 Rented $1,000 0.0% --
07/22/2020 07/22/20 For Rent $1,000 0.0% --
07/06/2020 07/06/20 Sold -- -- --
06/07/2020 06/07/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $198,500 +4.5% $117 / Sq Ft
09/20/2019 09/20/19 Sold -- -- --
08/29/2019 08/29/19 Pending -- -- --
08/24/2019 08/24/19 For Sale $190,000 -- $112 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Vendors Lien -- Texas Secure Title Company
Warranty Deed -- Rtc
Vendors Lien $95,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $154,875 Stand Alone First
Closed $154,875 New Conventional
Previous Owner $75,000 New Conventional
Previous Owner $80,757 New Conventional
Previous Owner $95,000 Unknown
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21005484

North Texas Real Estate Information Systems (NTREIS)

APN: 00743682