Amazing opportunity to own a full-duplex on a cash flowing rental in the heart of Arlington. Both units are currently occupied by long-term tenants. One side is locked in to a long term lease at $900 a month expiring Fall of 2021. The other tenant is month to month at $700 per month and is willing to sign a new lease. Updated units in the area rent at $1,200 per side. Don’t miss out on this Arlington full-duplex.
Multi-familyProperty Type
1982Year Built
3,311 sq ftLot Size
$161Est. Price/Sq.Ft.
4 spacesParking
Listed by Connor Mutzig• Josh DeShong Real Estate, LLC
Bought with Sascha Chatman• Keller Williams Johnson County
Full duplex in NW Arlington-both units are 2 bedrooms, 2 bath with rear carports and fireplaces. Each side rents for $600. No showings until a contract has been executed and we are in the option period
Public Records
Dec 30, 1988
Sold
*
Year
Property tax
Land + Additions
Assessment*
2025
$3,217
$10,000 + $137,163
$147,163
2024
$3,216
$10,000 + $137,163
$147,163
2023
$3,215 (+32.1%)
$10,000 + $135,706
$145,706
2022
$2,435 (+2.5%)
$10,000 + $87,891
$97,891
2021
$2,375 (−2.1%)
$4,000 + $88,618
$92,618
2020
$2,425 (−1.5%)
$4,000 + $89,344
$93,344
2019
$2,463 (+66.5%)
$8,000 + $90,070
$98,070
2018
$1,479 (−1.4%)
$8,000 + $48,932
$56,932
2017
$1,500 (+4.7%)
$8,000 + $49,323
$57,323
2016
$1,433 (+7.4%)
$8,000 + $49,323
$57,323
2015
$1,334 (+2.5%)
$8,000 + $45,849
$53,849
2014
$1,302 (+2.1%)
$8,000 + $41,400
$49,400
2013
$1,275 (−13.5%)
$8,000 + $41,400
$49,400
2012
$1,474
$8,000 + $41,400
$49,400
2011
$1,475 (−1.1%)
$8,000 + $48,900
$56,900
2010
$1,492
$8,000 + $48,900
$56,900
Tax history for 515 Crowley Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,217
$10,000 + $137,163
$147,163
2024
$3,216
$10,000 + $137,163
$147,163
2023
$3,215 (+32.1%)
$10,000 + $135,706
$145,706
2022
$2,435 (+2.5%)
$10,000 + $87,891
$97,891
2021
$2,375 (−2.1%)
$4,000 + $88,618
$92,618
2020
$2,425 (−1.5%)
$4,000 + $89,344
$93,344
2019
$2,463 (+66.5%)
$8,000 + $90,070
$98,070
2018
$1,479 (−1.4%)
$8,000 + $48,932
$56,932
2017
$1,500 (+4.7%)
$8,000 + $49,323
$57,323
2016
$1,433 (+7.4%)
$8,000 + $49,323
$57,323
2015
$1,334 (+2.5%)
$8,000 + $45,849
$53,849
2014
$1,302 (+2.1%)
$8,000 + $41,400
$49,400
2013
$1,275 (−13.5%)
$8,000 + $41,400
$49,400
2012
$1,474
$8,000 + $41,400
$49,400
2011
$1,475 (−1.1%)
$8,000 + $48,900
$56,900
2010
$1,492
$8,000 + $48,900
$56,900
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
3,300 Sq. Ft.
Year renovated
1982
Sq. Ft.
1,122
Year built
1982
Style
Townhouse
County
Tarrant County
APN
04339592
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 25, 2026.
RMF-22
Residential Multi-Family- 22 District
The RMF-22 district is established to provide opportunities for high-density multi-family residential uses with a maximum density of 22 units per acre, which are designed to be compatible with their sites and surroundings. The district also allows medium-density residential uses, including attached residential, live/work units, and residential units over ground-floor non-residential uses.
Built-In Microwave, Oven (Electric), Water Line to Refrigerator
Has Security System
Lot Information
Block: 1
Lot Number: 6B
Features: Interior Lot
Size: 0-.5 Acre
Lot Size Units: Acres
Area: 0.076
Area Sq. Ft.: 3,310.56
Parcel Number: 04339592
Financial
Tax Information
Tax Legal Description: GUERIN SQUARE BLOCK 1 LOT 6B
Unexempt Taxes: $1,479
Financial Information
Financing Proposed: Cash, Conventional, FHA, VA
Utilities
Utility Information
City Sewer, City Water
Location
Multi-Unit Information
# of Units: 2
Capitalization Rate: 9.43
Gross Annual Expenses: $700
Gross Annual Income: $28,800
Insurance Expense: $1,500
Net Annual Income: $25,000
School Information
Elementary School Name: Pope
Junior High School Name: Shackelfor
High School Name: Lamar
School District: Arlington ISD
Location Information
Subdivision Name: Guerin Square
Complex Name: Guerin Square
Country: United States
Directions: Take I-635 W, President George Bush Turnpike S, State Hwy 161 S and I-30 W to N Fielder Rd in Arlington. Take exit 26 from I-30 W. Use any lane to turn left onto N Fielder Rd. Slight right. Continue onto W Division St. Turn right onto Crowley Rd. The house will be on the right.
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,122
Stories: 1.0
Lot Size: 3,300 square feet
Style: Townhouse
Year Built: 1982
Year Renovated: 1982
County: Tarrant County
APN: 04339592
Home facts updated by county records on Jun 25, 2026
Around this home
Schools
Pope Elementary School
Public PreK-6 • Assigned • 0.8mi
3/10
Shackelford Junior High School
Public 7-8 • Assigned • 2.3mi
5/10
Lamar High School
Public 9-12 • Assigned • 2.5mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
There’s an energetic feel here, with shopping and dining at Alliance Town Center and plenty of room to enjoy the outdoors. Arcadia Trail Park brings creekside scenery and miles of trails, creating a nice balance of everyday convenience and open...