$519,000
$31K PRICE DROP

406 N Elm St Unit s A & B Arlington, TX 76011

Old Town Neighborhood

Estimated payment $2,896/month

Total Views 6,831
2 Beds
2.5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Oak Trees
  • Wood Flooring
  • Eat-In Kitchen
  • Cathedral Ceiling
  • Covered patio or porch
  • In-Law or Guest Suite

About This Home

Unique and one of a kind property inside the Arlington Entertainment District which allows short term rentals! Close to UTA, AT&T Stadium and just down the road from Globe Life Field and Texas Live - less than 15 min walk! This owner occupied home comes with a 2 story duplex in the back down the side driveway with a dwelling on top that has 1 bd 1 bath, den and kitchen on each floor. the top is now vacant. This 1920's home has unbelievable character and charm. The inviting front porch has 2 entrances to the home. The living room in front is spacious and is next to the formal dining room that has a beautiful chandelier. The kitchen has tile counters, good cabinets space, a 2 burner cooktop on one side and a griddle on the other. The stove is both a convection oven and microwave. A serving bar goes out to the sitting room with fireplace. The aviary - arboretum is huge inside the home and has trees, plants, gorgeous large bougainvillea with pink flowers and other beautiful plants surrounded by rock and has a running fountain - it is all central air and heat. The owner leases out a large bedroom with it's own separate entrance with bdrm, kitchenette and bath and window units for $800 month - perfect for UTA students. 2 long term tenants. The duplex leases for $1100 and $1,000. The house is 2 bdrm 2.5 baths with 2 living areas plus the arboretum.The owner has replaced all windows, roof, AC, water heater and the hardie plank siding. The master bath has rocked-in bathtub and huge skylight - it is a treasure! The library room is really a nice sitting room with gas fp that overlooks the arboretum. Please check for accuracy of room sizes. The duplex units are appx 635 each sf per owner. This has been used as an Air b&B. The tad sq ft is different from the appraisal sq footage - please verify. The utilities are all included and paid by the owner. The carport is on the side and is close to the side entry. The alley is city maintained - gravel

Listing Agent

Rhonda Lawyer

JPAR Arlington Brokerage Phone: 972-836-9295 License #0402184

JPAR Arlington

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $50

Year Built

  • Built in 1924

Lot Details

  • 7,013 Sq Ft Lot
  • Wood Fence
  • Interior Lot
  • Level Lot
  • Oak Trees
  • Few Trees

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Siding

Interior Spaces

  • 1-Story Property
  • Cathedral Ceiling
  • Chandelier
  • Decorative Lighting
  • Gas Log Fireplace
  • Library with Fireplace

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite

Parking

  • 2 Parking Spaces
  • 2 Detached Carport Spaces
  • Parking Pad
  • Off-Street Parking

Schools

  • Speer Elementary School
  • Shackelford Middle School
  • Lamar High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Accessory Dwelling Unit (ADU)

Community Details

  • 2 Buildings
  • 2 Units
  • 1,472 Sq Ft Building
  • Fitzhugh & Collins Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 1
  • Assessor Parcel Number 00576883
  • $2,026 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$50

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multiple Single Units
  • Unit Levels: One
  • Accessory Dwelling Type: Other
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: No
  • Net Operation Income: 26490
  • Notice Surveillance Devices Pres: None
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: Yes
  • Lake Pump Y N: No
  • Ratio Current Price By Building: 352.58152
  • Attribution Contact: 972-836-9295
  • Special Features: None
  • Year Built: 1924

Interior Features

  • Fireplace Features: Gas Logs, Library
  • Interior Amenities: Cable TV Available, Cathedral Ceiling(s), Chandelier, Decorative Lighting, Eat-in Kitchen, In-Law Suite Floorplan, Tile Counters, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Ceramic Tile, Wood
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Gas Water Heater, Convection Oven, Refrigerator
  • Basement YN: No
  • Fireplaces: 1

Beds/Baths

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

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Fencing: Wood
  • Roof: Composition
  • Construction Materials: Siding
  • Exterior Features: Covered Patio/Porch
  • Waterfront: No

Garage/Parking

  • Cooling System: Central Air
  • Carport Spaces: 2
  • Total Covered Spaces: 2
  • Number Of Parking Spaces: 2
  • Parking Features: Carport, Covered, Detached Carport, Off Street, Parking Pad
  • GarageYN: No

Utilities

  • Heating: Central, Natural Gas
  • Utilities: Alley, Cable Available, City Sewer, City Water, Curbs, Electricity Connected, Individual Gas Meter, Individual Water Meter, Natural Gas Available, Phone Available, Sidewalk

Condo/Co-op/Association

  • Complex Name: Fitzhugh and Collins
  • Association Type: None

Schools

  • School District: Arlington ISD
  • Elementary School: Speer
  • High School: Lamar
  • School District: Arlington ISD
  • Elementary School: Speer
  • Junior High School: Shackelford

Lot Info

  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Few Trees, Interior Lot, Level, Oak
  • Lot Size Units: Acres
  • Lot Size Area: 0.1610
  • Lot Size: 7000 sf
  • Parcel Number: 00576883
  • Lot Size Acres: 0.1610
  • Lot Size Sq Ft: 7013.1600
  • Assessor Parcel Number 2: 6822290

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1924
  • Units Total: 2
  • SeniorCommunityYN: No

Multi Family

  • Gross Annual Expenses: 6960.00
  • Gross Annual Income: 34800.00
  • Insurance Expense: 1350
  • Unit Count: 2

Tax Info

  • Unexempt Taxes: 2026
  • Special Taxing Entities: No
  • TaxBlock: 1
  • Tax Lot: 1

MLS Schools

  • Elementary School Name: Speer
  • High School Name: Lamar

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 $50 $218,646 $19,880 $198,766
2023 $1,860 $139,335 $19,880 $119,455
2022 $1,905 $124,846 $19,880 $104,966
2021 $1,810 $87,929 $19,881 $68,048
2020 $1,590 $87,928 $19,880 $68,048
2019 $1,495 $103,719 $12,425 $91,294
2018 $174 $52,326 $12,425 $39,901
2017 $1,266 $97,713 $12,425 $85,288
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 Price Changed $519,000 -5.6% --
03/09/2025 03/09/25 For Sale $550,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

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Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20864897

North Texas Real Estate Information Systems (NTREIS)

APN: 00576883