Take advantage of this rare opportunity for income producing duplex in South Arlington with Mansfield schools. This approximate .5 acre lot has strong rental history in established neighborhood. Property interior had been completely updated within the last 10 years. This is perfect for the buyer considering living in the larger Unit #A and rent the smaller Unit #B for additional annual income. Unit #A is a 4bed-2bath approximately over 1700 sq. feet. Unit #B is a 2bed-1.5bath smaller unit. Larger unit currently leased under market value and current lease up for renewal within next 30 days.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Multi-Family (5+ Unit)
County
Tarrant County
APN
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Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Mar 6, 2025.
RE
Residential Estate District
The RE district is intended to accommodate large-lot (minimum 1 acre) single-family detached residential uses, accessory development, and select agricultural activities. The district provisions discourage any use that would substantially interfere with the development of single-family detached dwellings or the quiet residential nature of the district.
Permitted uses
Include but are not limited to:
Livestock production
Religious facility
Garden center
Housing-Group
Housing-Single unit
Housing-Senior
Public service
Golf related
Agriculture-Cropland
Property details
Parking
Parking Information
Carport Spaces: 0
Covered Spaces: 0
Number Of Parking Spaces: 4
Parking Features: Driveway
Parking & Garage
Garage Spaces: 0
Interior
Virtual Tour
Bedroom Information
Bedrooms Total: 5
Fireplace Information
Fireplaces Total: 1
Fireplace Features: Wood Burning
Heating & Cooling
Cooling: Ceiling Fan(s), Central Air
Heating: Central, Electric
Interior Features
Appliances: Dishwasher, Disposal
Levels: Two
Flooring: Carpet, Ceramic Tile
Interior Features: High Speed Internet Available, Walk-In Closet(s)
Multi-Unit Information
Number Of Buildings: 1
Number Of Units Total: 2
Unit Count: 2
Gross Annual Income: 38100.00
Gross Annual Expenses: 12692.00
Insurance Expense: 3400
Net Operation Income: 25408
Operating Expense Includes: Maintenance, Maintenance Grounds, Maintenance Structure, Pest Control, Professional Management, Supplies
Exterior
Building Information
Roof: Composition
Construction Materials: Brick
Foundation Details: Slab
Exterior Features
Patio And Porch Features: Front Porch, Rear Porch
Lot Information
Lot Size Acres: 0.4650
Lot Size Area: 0.4650
Lot Size Square Feet: 20255.4000
Lot Size Units: Acres
Parcel Number: 04264169
RATIO List Price By Lot Size Acr: 913978.49462
Will Subdivide: No
Property Information
Property Type: Residential Income
Property Sub Type: Duplex
Accessibility Features YN: No
Security Features: Smoke Detector(s)
Multi Parcel IDYN: No
Property Key: 48439|04264169|1|50381909
Property Match: APN
US Property MUI: 402093942
Building Information
Building Area Total: 2851.00
Building Area Source: Public Records
Year Built: 1978
Year Built Details: Preowned
Smart Home Features Appor Pass Y: No
Financial
Tax Information
Tax Legal Description: WHEAT, JOHN SURVEY ABSTRACT 1678 TRACT 1A02A
Unexempt Taxes: 9540
Financial Information
Buyer Financing: Conventional
Capitalization Rate: 5.98
Loan Type: Treat As Clear
Second Mortgage YN: No
Utilities
Utility Information
Municipal Utility District YN: No
Utilities: Cable Available, City Sewer, City Water
Location
HOA Information
Association Type: None
School Information
Elementary School: Carol Holt
Elementary School Name: Carol Holt
High School Name: Summit
Intermediate School Name: Crosstimbe
Middle School Name: Howard
School District: Mansfield ISD
Location Information
County Or Parish: Tarrant
Country: United States
Directions: Follow GPS
Latitude: 32.63304100
Longitude: -97.15433600
Geocode Confidence: High
Complex Name: none
Subdivision Name: Wheat, John Survey
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Tarrant County
APN: —
Home facts updated by county records on Mar 6, 2025
Other
Green Verification Information
Green Verification Count: 0
Listing Information
Attribution Contact: 817-870-1600
Consent for Visitors to Record: None
Exclusions: current tenant's personal property
List Source Original: Matrix
List Team Key: 117475626
List Team Key Numeric: 117475626
List Team Name: EverWorth Realty Group
Listing Agreement: Exclusive Right To Sell
Listing Id: 20862159
Listing Key Numeric: 450302109
Listing Terms: Cash, Conventional
Mls Status: Closed
Previous Status: Pending
Notice Surveillance Devices Pres: Audio, Video
Originating System Name: North Texas Real Estate Information Systems
Photos Count: 19
Possession: Closing/Funding
Seller Contributions: 5000
Special Listing Conditions: Standard
Standard Status: Closed
Third Party Assistance Program Y: No
Listing Date Information
Days On Market: 4
Cumulative Days On Market: 4
Close Date: 2025-03-21
Purchase Contract Date: 2025-03-10
Expiration Date Option: 2025-03-15
Listing Contract Date: 2025-03-06
Off Market Date: 2025-03-10
Status Change Timestamp: 2025-03-24T15:55:54.747
Listing Price Information
Original List Price: 425000.00
List Price: 425000.00
RATIO Close Price By Lot Size Ac: 967741.93548
RATIO Current Price By Lot Size: 967741.93548
Around this home
Schools
Carol Holt Elementary School
Public PreK-4 • Assigned • 0.6mi
9/10
T A Howard Middle School
Public 7-8 • Assigned • 0.8mi
5/10
Summit High School
Public 9-12 • Assigned • 1.9mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
7/10 Heat Factor
7 days above 109° expected this year, 23 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Arlington, TX • 76001
Average low and high temperatures (°F)
56
35
67
42
78
54
79
60
85
65
92
75
94
75
95
75
91
68
86
62
73
52
64
44
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.9 hours in
June and 5.4 hours in December, placing it above the
U.S. average for solar exposure.