NOT LISTED FOR SALE

201 Ray St Unit 2 Arlington, TX 76010

Downtown Arlington Neighborhood

Estimated Value: $203,000 - $289,000

2 Beds
2 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold September 26, 2023

Current estimated payment $1,608/month

70 Days on Market

Highlights

  • Corner Lot
  • 1-Story Property
  • Central Heating
  • Ceramic Tile Flooring
  • 4 Attached Carport Spaces

About This Home

As of September 2023

Investment duplex, fully occupied in Entertainment district of Arlington $700 a month per side with a lease guaranteed to December 31 2024

Last Agent to Sell the Property

Mark Hixson

Mark D. Hixson Brokerage Phone: 817-909-2871 License #0394410 Listed on: 06/16/2023

Co-Listed By

Doyle Mathews

Mark D. Hixson Brokerage Phone: 817-909-2871 License #0562338

Last Buyer's Agent

Cris Certeza Jr

Ultra Real Estate Services License #0488247

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,273

Year Built

  • Built in 1964

Lot Details

  • 6,098 Sq Ft Lot
  • Corner Lot

Home Design

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

Interior Spaces

  • 1-Story Property
  • Ceramic Tile Flooring
  • Fire and Smoke Detector
  • Gas Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Attached Carport Spaces

Schools

  • Blanton Elementary School
  • Carter Middle School
  • Sam Houston High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating
  • Cable TV Available

Community Details

  • 2 Units
  • 1,050 Sq Ft Building
  • Mitchell R A Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 17A / 3
  • Assessor Parcel Number 01789864
  • $2,743 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,273

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 11750
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 187.52381
  • Attribution Contact: 817-909-2871
  • Special Features: None
  • Year Built: 1964

Interior Features

  • Interior Amenities: Cable TV Available
  • Flooring: Ceramic Tile
  • Appliances: Gas Range

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Brick, Siding

Garage/Parking

  • Cooling System: Wall Unit(s)
  • Carport Spaces: 4
  • Total Covered Spaces: 4
  • Number Of Parking Spaces: 4
  • Parking Features: Attached Carport

Utilities

  • Heating: Central
  • Utilities: Cable Available, City Sewer, City Water

Condo/Co-op/Association

  • Complex Name: 201 Ray
  • Association Type: None

Schools

  • School District: Arlington ISD
  • Elementary School: Blanton
  • High School: Sam Houston
  • School District: Arlington ISD
  • Elementary School: Blanton
  • Junior High School: Carter

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Units: Acres
  • Lot Size Area: 0.1400
  • Parcel Number: 01789864
  • Lot Size Acres: 0.1400
  • Lot Size Sq Ft: 6098.4000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1964
  • Units Total: 2

Multi Family

  • Gross Annual Expenses: 2000.00
  • Gross Annual Income: 16800.00
  • Insurance Expense: 2000
  • Tenancy: Over 9 Months
  • Unit Count: 2

Tax Info

  • Unexempt Taxes: 2743
  • TaxBlock: 3
  • Tax Lot: 17A

MLS Schools

  • Elementary School Name: Blanton
  • High School Name: Sam Houston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Sep 25, 2023
Sold by
Garner Patrick Erwin
Bought by
Mcclain Mary Jebe and Mcclain Joseph Christopher
Seller's Agent
Mark Hixson
Mark D. Hixson
Buyer's Agent
Cris Certeza Jr
Ultra Real Estate Services
List Price
$229,900
Views
475
Current Estimated Value
$241,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.90%
Original Mortgage
$147,675
Outstanding Balance
$145,424
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$96,658
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mcclain Mary Jebe -- Providence Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcclain Mary Jebe $147,675
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2023 09/26/23 Sold -- -- --
08/25/2023 08/25/23 Pending -- -- --
07/27/2023 07/27/23 Price Changed $199,900 -13.0% --
06/16/2023 06/16/23 For Sale $229,900 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

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
2024 $3,273 $149,735 $24,316 $125,419
2023 $2,648 $120,000 $24,316 $95,684
2022 $2,743 $110,273 $15,198 $95,075
2021 $1,689 $65,000 $14,203 $50,797
2020 $1,632 $65,000 $14,203 $50,797
2019 $1,462 $56,255 $12,158 $44,097
2018 $1,462 $56,255 $12,158 $44,097
2017 $1,778 $66,822 $12,158 $54,664
2016 $1,342 $50,436 $12,158 $38,278
2015 $1,134 $43,000 $12,158 $30,842
2014 $1,134 $43,000 $12,158 $30,842
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Mark Hixson

    Mark D. Hixson

    (817) 480-8672

    5 in this area

    100 Total Sales

    Section Image

  • D

    Seller Co-Listing Agent in 2023

    Doyle Mathews

    Mark D. Hixson

    (817) 343-8360

    5 in this area

    13 Total Sales

    Section Image

  • C

    Buyer's Agent in 2023

    Cris Certeza Jr

    Ultra Real Estate Services

    (817) 808-8100

    2 in this area

    8 Total Sales

    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20358457

North Texas Real Estate Information Systems (NTREIS)

APN: 01789864

Texas Tarrant County Arlington 76010 Downtown Arlington

201 Ray St Unit 2, Arlington, TX

This home is located at 201 Ray St Unit 2, Arlington, TX 76010 since 16 June 2023 and is currently estimated at $244,832. This property was built in 1964. 201 Ray St Unit 2 is a home located in Tarrant County with nearby schools including Blanton Elementary School, Carter Junior High School, and Arlington High School.

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North Texas Real Estate Information Systems (NTREIS) Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved

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