Seller's Agent in 2023
Brad Ritz
Compass RE Texas, LLC
(214) 789-3507
1 in this area
78 Total Sales
511 S Center St Unit A/B Arlington, TX 76010
Heart of Arlington NeighborhoodEstimated Value: $436,000 - $609,000
6
Beds
6
Baths
--
Sq Ft
0.28
Acres
Highlights
- Granite Countertops
- Balcony
- Central Heating and Cooling System
- Covered patio or porch
- Eat-In Kitchen
- 5-minute walk to Founders Plaza
About This Home
As of March 2023Amazing Location! An incredible opportunity for investors to own two income generating units across from the UTA Campus, walking distance to the arts and entertainment district, restaurants and more. Both units are the same layout featuring a bright, open floor plan. The first level includes a kitchen with breakfast nook, eat-in island, half bath, utility and living room. Unit A has just been renovated with new flooring, interior paint, and all new appliances, light figures and plumbing fixtures, it looks and feels brand new! Ample private outside parking with large grass area and treed backyard. Potential to add another unit duplex on the lot, site plans submitted to the city. NO HOA.
Unit B is currently leased with a long term tenant until July if not renewed.
Please do not disturb tenant in Unit B.
.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,227
Year Built
- Built in 2007
Lot Details
- 0.28 Acre Lot
- Wood Fence
- Perimeter Fence
Home Design
- Slab Foundation
- Composition Roof
- Siding
Interior Spaces
- 2-Story Property
- Decorative Lighting
- Window Treatments
Kitchen
- Eat-In Kitchen
- Electric Oven
- Electric Cooktop
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
Laundry
- Dryer
- Washer
Parking
- 6 Parking Spaces
- Private Parking
- Parking Lot
Outdoor Features
- Balcony
- Covered patio or porch
Schools
- Berry Elementary School
- Carter Middle School
- Arlington High School
Utilities
- Central Heating and Cooling System
- High Speed Internet
- Cable TV Available
Community Details
- 2 Buildings
- 2 Units
- 2,480 Sq Ft Building
- Rose W H Add Subdivision
Listing and Financial Details
- Legal Lot and Block 6 / 1
- Assessor Parcel Number 02509342
- $7,521 per year unexempt tax
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 17, 2023
Closed on
Mar 30, 2023
Sold by
Orca International Llc
Bought by
Araujo Adan and Araujo Janet
Seller's Agent
Brad Ritz
Compass RE Texas, LLC
Buyer's Agent
Leigh Crates
Compass RE Texas, LLC
List Price
$749,000
Sold Price
$750,000
Premium/Discount to List
$1,000
0.13%
Total Days on Market
27
Views
223
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$257,570
Avg. Annual Appreciation
-17.02%
Purchase Details
Closed on
Sep 18, 2019
Sold by
Great Day Services Inc
Bought by
Orca International Llc
Purchase Details
Closed on
Feb 23, 2016
Sold by
Shalom Yael and Ohana Aric
Bought by
Great Day Services Inc
Purchase Details
Closed on
Apr 6, 2015
Sold by
Osher Group
Bought by
Shalom Yael and Ohana Aric
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.89%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 2, 2015
Sold by
Ohana Aric
Bought by
Osher Group
Purchase Details
Closed on
Sep 30, 2013
Sold by
Rose Jason
Bought by
Ohana Aric
Purchase Details
Closed on
Oct 6, 2005
Sold by
Ahkt Coronado Ltd
Bought by
Rose Jason
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
5.73%
Mortgage Type
Construction
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Araujo Adan | -- | First American Title Insurance | |
| Orca International Llc | -- | Fatico | |
| Great Day Services Inc | -- | Rtt | |
| Shalom Yael | -- | None Available | |
| Osher Group | -- | None Available | |
| Ohana Aric | -- | Providence Title | |
| Rose Jason | -- | Lone Star Title Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Shalow Yael | $105,000 | |
| Previous Owner | Rose Jason | $162,385 | |
| Previous Owner | Rose Jason | $157,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2023 03/31/23 | Sold | -- | -- | -- |
| 03/16/2023 03/16/23 | Pending | -- | -- | -- |
| 03/13/2023 03/13/23 | For Sale | $749,000 | 0.0% | -- |
| 02/24/2023 02/24/23 | Pending | -- | -- | -- |
| 02/17/2023 02/17/23 | For Sale | $749,000 | -- | -- |
Source: North Texas Real Estate Information Systems (NTREIS)
Tax History Compared to Growth
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 | $11,227 | $513,678 | $42,250 | $471,428 |
| 2023 | $7,039 | $362,546 | $42,250 | $320,296 |
| 2022 | $7,521 | $302,395 | $30,625 | $271,770 |
| 2021 | $10,073 | $387,693 | $30,625 | $357,068 |
| 2020 | $9,655 | $384,463 | $30,625 | $353,838 |
| 2019 | $7,042 | $271,060 | $24,500 | $246,560 |
| 2018 | $7,158 | $275,521 | $24,500 | $251,021 |
| 2017 | $6,354 | $238,739 | $24,500 | $214,239 |
| 2016 | $5,163 | $193,999 | $24,500 | $169,499 |
| 2015 | $3,552 | $134,666 | $24,500 | $110,166 |
| 2014 | $3,552 | $134,666 | $24,500 | $110,166 |
Source: Public Records
Agents Affiliated with this Home
-
Brad Ritz
-
Leigh Crates
Buyer's Agent in 2023
Leigh Crates
Compass RE Texas, LLC
(817) 366-4152
1 in this area
116 Total Sales
Map
Similar Home in Arlington, TX
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20260221
APN: 02509342
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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