$380,000

Estimated payment $2,516/month

Total Views 128
4 Beds
2 Baths
1,870 Sq Ft
$203 Price per Sq Ft

Highlights

  • Living Room with Fireplace
  • Tile Flooring
  • Central Heating and Cooling System
  • Front Porch
  • 1-Story Property
  • High Speed Internet

About This Home

Excellent opportunity to own a full duplex in central Arlington close to University of Texas Arlington! Listing includes 505 and 507 Claire Ct. Each unit has 2 bedrooms, 1 living area with woodburning fireplace ,1 dining area , kitchen,1 bath, private fenced backyard and parking for 4 vehicles. Laminate flooring and tile throughout. No Carpet. Close to shopping, schools, entertainment and parks. City-owned green space and walking trails at end of the street. Unit 505 is currently leased for $1500 and Unit 507 is leased for $1700 per month. Arlington ISD. PLEASE DO NOT DISTURB TENANTS. NO SIGN IN YARD. NO HOA

Last Listed By

Janine Brissie

Fathom Realty LLC Brokerage Phone: 888-455-6040 License #0629748 Listed on: 05/31/2025

Fathom Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,988

Year Built

  • Built in 1980

Lot Details

  • 8,189 Sq Ft Lot
  • Wood Fence

Parking

  • Driveway

Home Design

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

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Raised Hearth
  • Fireplace Features Masonry
  • Window Treatments
  • Living Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Front Porch

Schools

  • Pope Elementary School
  • Lamar High School

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 7 / 2
  • Assessor Parcel Number 00540994

Community Details

Overview

  • 2 Units
  • 1,870 Sq Ft Building
  • Claire Court Subdivision

Building Details

  • Gross Income $38,400
  • Net Operating Income $34,180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,988

Year Built

Built in 1980

Lot Details

0

Listing Details

  • OWNERNAME: OrionList,LLC
  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Year Built Details: Preowned
  • Attribution Contact: 888-455-6040
  • CapRate: 8.99
  • Co List Office Mls Id: FATH02
  • Special Features: VirtualTour
  • Year Built: 1980

Interior Features

  • Windows: Window Coverings
  • Fireplace Features: Living Room, Masonry, Raised Hearth, Wood Burning
  • Interior Amenities: High Speed Internet
  • Flooring: Laminate, Tile
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator
  • Basement YN: No
  • Fireplaces: 2

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Slab
  • Fencing: Wood
  • Roof: Composition
  • Construction Materials: Brick
  • Pool Features: None
  • Patio And Porch Features: Front Porch
  • RoadSurfaceType: Asphalt

Garage/Parking

  • Cooling System: Central Air, Electric
  • Parking Features: Driveway
  • GarageYN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Electric, Fireplace(s)
  • Utilities: Cable Available, Sewer Available, Water Available
  • Heating Yn: Yes

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.188
  • Parcel Number: 00540994
  • Lot Size Acres: 0.188
  • Lot Size Sq Ft: 8189.28

Building Info

  • Year Built: 1980
  • Units Total: 2
  • SeniorCommunityYN: No

Multi Family

  • Insurance Expense: 3140.0
  • Annual Gross Income: 38400.0
  • Property Net Operating Income: 34180.0

Tax Info

  • TaxBlock: 2
  • Tax Lot: 7
  • Tax Annual Amount: 5988.0

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 $5,988 $273,984 $15,000 $258,984
2023 $5,322 $241,176 $15,000 $226,176
2022 $5,571 $224,000 $15,000 $209,000
2021 $5,441 $209,396 $15,000 $194,396
2020 $3,514 $139,941 $15,000 $124,941
2019 $5,026 $193,462 $15,000 $178,462
2018 $3,189 $122,740 $15,000 $107,740
2017 $3,463 $130,132 $15,000 $115,132
2016 $3,022 $113,542 $15,000 $98,542
2015 $2,569 $97,400 $15,000 $82,400
2014 $2,569 $97,400 $15,000 $82,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2025 05/31/25 For Sale $380,000 -- $203 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Deed -- Independence Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $272,000 Construction
Source: Public Records

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Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20949742

North Texas Real Estate Information Systems (NTREIS)

APN: 00540994