$775,000

Estimated payment $5,374/month

Total Views 1,142
6 Beds
6 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Popular Property
  • Ceramic Tile Flooring
  • Wood Fence
  • Corner Lot
  • Central Heating and Cooling System
  • 4-minute walk to California Lane Park

About This Home

Prime Turn-Key Triplex Investment Opportunity in Arlington!
Located just minutes from AT&T Stadium, Globe Life Field, shopping, dining, and major highways, this fully updated triplex is ready to generate income from day one. Each of the three spacious units offers 2 bedrooms, 1.5 baths, and a private backyard—perfect for attracting long-term tenants. Interiors feature bright, open living areas, functional kitchens with ample storage, and thoughtful updates throughout. One unit is already tenant-occupied with a long-term lease in place, providing immediate rental income. Whether you’re looking to expand your portfolio or begin your real estate investment journey, this property delivers location, convenience, and cash-flow potential in one package.

Listing Agent

Christie Cannon

Keller Williams Frisco Stars Brokerage Phone: (903) 287-7849 License #0456906 Listed on: 08/21/2025

Keller Williams Frisco Stars

Co-Listing Agent

Ashley Aguilar

Keller Williams Frisco Stars Brokerage Phone: (903) 287-7849 License #0725700

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,827

Year Built

  • Built in 1978

Lot Details

  • 6,098 Sq Ft Lot
  • Wood Fence
  • Corner Lot
  • Few Trees
  • Back Yard

Home Design

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

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 6 Carport Spaces
  • Assigned Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Schools

  • Short Elementary School
  • Arlington High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 16 / B
  • Assessor Parcel Number 03397718

Community Details

Overview

  • 3 Units
  • Westchester Park Subdivision

Building Details

  • Gross Income $63,000
  • Net Operating Income $42,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,827

Year Built

Built in 1978

Lot Details

0

Listing Details

  • OWNERNAME: of record
  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Unit Levels: Two
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • Attribution Contact: (903) 287-7849
  • CapRate: 5.48
  • Co List Office Mls Id: KEWI02
  • Co List Office Phone: {972}712-9898
  • Co List Office Mls Id: KEWI02
  • Special Features: VirtualTour
  • Year Built: 1978

Interior Features

  • Fireplace Features: Living Room
  • Interior Amenities: Cable TV
  • Flooring: Ceramic Tile, Laminate
  • Appliances: Dishwasher, Electric Range, Disposal, Vented Exhaust Fan
  • Basement YN: No
  • Fireplaces: 1

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Total Bedrooms: 6

Exterior Features

  • Foundation: Slab
  • Fencing: Back Yard, Wood
  • Roof: Composition
  • Construction Materials: Brick
  • Exterior Features: Lighting, Rain Gutters
  • Pool Features: None
  • Waterfront: No

Garage/Parking

  • Cooling System: Central Air
  • Carport Spaces: 6.0
  • Total Covered Spaces: 6.0
  • Parking Features: Assigned, Carport
  • Attached Garage YN: No
  • GarageYN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Central
  • Utilities: Electricity Available, Electricity Connected, Sewer Available, Separate Meters, Water Available, Cable Available
  • Heating Yn: Yes

Schools

  • Elementary School: Short
  • High School: Arlington
  • Junior High Dist: Arlington ISD

Lot Info

  • Lot Features: Corner Lot, Subdivision, Few Trees
  • Lot Size Units: Acres
  • Lot Size Area: 0.14
  • Parcel Number: 03397718
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098.4

Building Info

  • Year Built: 1978
  • Units Total: 3

Multi Family

  • Insurance Expense: 5500.0
  • Annual Gross Income: 63000.0
  • Property Net Operating Income: 42500.0

Tax Info

  • TaxBlock: B
  • Tax Lot: 16

Map

Range of Values:

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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
2024 $13,827 $632,655 $40,000 $592,655
2023 $10,353 $469,202 $40,000 $429,202
2022 $10,861 $436,685 $40,000 $396,685
2021 $6,580 $253,260 $20,000 $233,260
2020 $6,360 $253,260 $20,000 $233,260
2019 $8,680 $334,093 $20,000 $314,093
2018 $4,527 $174,240 $16,000 $158,240
2017 $4,684 $176,000 $16,000 $160,000
2016 $4,114 $154,581 $16,000 $138,581
2015 $3,789 $143,640 $16,200 $127,440
2014 $3,789 $159,600 $16,200 $143,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 For Sale $775,000 0.0% --
05/01/2025 05/01/25 Rented -- -- --
04/14/2025 04/14/25 Under Contract -- -- --
03/18/2025 03/18/25 Price Changed $1,600 -3.0% $1 / Sq Ft
02/18/2025 02/18/25 Price Changed $1,650 -8.3% $1 / Sq Ft
01/30/2025 01/30/25 For Rent $1,800 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Vendors Lien -- Fatco
Trustee Deed $150,000 None Available
Vendors Lien -- Country Title
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $170,800 New Conventional
Previous Owner $132,000 New Conventional
Previous Owner $176,927 Seller Take Back
Source: Public Records

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Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21037674

North Texas Real Estate Information Systems (NTREIS)

APN: 03397718