Estimated Value: $240,000 - $266,719

3 Beds
2.5 Baths
1,642 Sq Ft
$155/Sq Ft Est. Value

Last Sold May 01, 2025

Current estimated payment $1,859/month

83 Days on Market

Highlights

  • Open Floorplan
  • 2 Car Attached Garage
  • Built-In Features
  • Covered Patio or Porch
  • Interior Lot
  • Walk-In Closet

About This Home

Don't miss out on this AMAZING opportunity with combined cap rate of 5.63%. Rare find of 2 townhomes 4009 & 4018 Willowrun Ln in Arlington being sold individually or in combination. No HOA. Spacious open floorplan for both is designed for today’s on-the-go lifestyle. Flowing, inviting spaces are highlighted by electric fireplace. Extended eating bar melts into the living and dining spaces making entertaining a breeze. Snappy kitchen with good storage and a separate utility room with ample space for a full-size washer & dryer. The units offer three bedrooms and 2.5 baths. Roomy primary bedroom suite boasts of separate tub and shower, dual sinks plus a great walk-in closet. Built-in desk and shelves at top of stairs is perfect for home business station and shared computer. Private fenced yard has ample room for the family dog, plus is a great place to sit and relax at the end of the day. BONUS: there is a full two-car garage.

Last Agent to Sell the Property

Holly Koester

Keller Williams Lonestar DFW Brokerage Phone: 817-472-9120 License #0280307 Listed on: 01/07/2025

Keller Williams Lonestar DFW

Last Buyer's Agent

Ruja Maka

DHS Realty License #0743924

DHS Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,211

Year Built

  • Built in 2003

Lot Details

  • 7,928 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Interior Lot
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Single Garage Door
  • Garage Door Opener
  • Driveway

Home Design

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

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Electric Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Dunn Elementary School
  • Arlington High School

Utilities

  • Central Heating and Cooling System
  • Overhead Utilities
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 38 / 1
  • Assessor Parcel Number 40119157

Community Details

Overview

  • 1,642 Sq Ft Building
  • Cottages On The Park Add Subdivision

Building Details

  • Gross Income $21,600
  • Net Operating Income $14,366

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,211

Year Built

Built in 2003

Lot Details

7,928 Sq Ft Lot

Parking

2

Listing Details

  • OWNERNAME: See Offer Instructions
  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: Two
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • Attribution Contact: 817-472-9120
  • CapRate: 5.58
  • Co List Office Mls Id: KWRA01AR
  • HumanModifiedYN: Yes
  • UniversalParcelId: urn:reso:upi:2.0:US:48439:40119157
  • Special Features: VirtualTour
  • Year Built: 2003

Interior Features

  • Windows: Window Coverings
  • Fireplace Features: Electric, Living Room
  • Interior Amenities: Built-in Features, High Speed Internet, Open Floorplan, Pantry, Cable TV, Walk-In Closet(s)
  • Flooring: Carpet, Vinyl
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Basement YN: No
  • Fireplaces: 1

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Slab
  • Community Features: Curbs
  • Fencing: Back Yard, Wood
  • Roof: Composition
  • Construction Materials: Brick
  • Exterior Features: Rain Gutters
  • Pool Features: None
  • Waterfront: No
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s), Electric
  • Garage Spaces: 2.0
  • Total Covered Spaces: 2.0
  • Parking Features: Door-Single, Driveway, Garage Faces Front, Garage, Garage Door Opener
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Electric
  • Utilities: Overhead Utilities, Sewer Available, Separate Meters, Water Available, Cable Available
  • Heating Yn: Yes

Schools

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

Lot Info

  • Lot Features: Interior Lot, Landscaped
  • Lot Size Units: Acres
  • Lot Size Area: 0.182
  • Parcel Number: 40119157
  • Lot Size Acres: 0.182
  • Lot Size Sq Ft: 7927.92

Building Info

  • Year Built: 2003
  • Units Total: 1
  • SeniorCommunityYN: No

Multi Family

  • Insurance Expense: 1392.0
  • Annual Gross Income: 21600.0
  • Property Net Operating Income: 14366.0

Tax Info

  • TaxBlock: 1
  • Tax Lot: 38
  • Tax Annual Amount: 6211.0

Range of Values:

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Value Increase
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Percent Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2025 05/01/25 Sold -- -- --
04/01/2025 04/01/25 Pending -- -- --
03/06/2025 03/06/25 For Sale $257,500 0.0% $157 / Sq Ft
02/26/2025 02/26/25 Pending -- -- --
01/27/2025 01/27/25 Price Changed $257,500 -2.0% $157 / Sq Ft
01/07/2025 01/07/25 For Sale $262,720 -- $160 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

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 $6,211 $275,739 $39,150 $236,589
2024 $6,211 $284,194 $39,150 $245,044
2023 $6,170 $279,614 $11,745 $267,869
2022 $5,862 $235,716 $11,745 $223,971
2021 $5,315 $204,572 $11,745 $192,827
2020 $4,455 $177,413 $11,745 $165,668
2019 $3,570 $137,400 $23,490 $113,910
2018 $1,961 $151,000 $23,490 $127,510
2017 $4,663 $175,218 $26,100 $149,118
2016 $3,207 $120,500 $26,100 $94,400
2015 $2,697 $102,258 $26,100 $76,158
2014 $2,697 $103,500 $26,100 $77,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20809958

North Texas Real Estate Information Systems (NTREIS)

APN: 40119157

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