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Days663Days on Market
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$349,900

107 Ray St, Arlington, TX, 76010

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,568 Sq Ft
price_per_sqft$223.15 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Refrigerator
FlooringCeramic Tile, Vinyl

Exterior

Lot Size6,996 sqft

Building Information

Year Built1980
Stories1

Land Information

APN26290-7-14
Lot Number14
SubdivisionMitchell, R A Addition
Land UseResidential
Legal DescriptionMITCHELL, R A ADDITION BLOCK 7 LOT 14
Census Tract122401
Assessed Land Value$17,500
Assessed Improvement Value$237,429
Assessment Year2025

About this property

Excellent positive cash flow completely renovated duplex within walking distance to UTA, restaurants, shopping and night life. Each side offers 2 bedrooms, 1 full bathroom, kitchen living area, plenty of parking and all newly renovated. Always occupied and will always be occupied being this close to UTA. 1 water meter for both sides, each unit is renting for $1595 currently. Landlord splits water bill on the 2 units. Plenty of street parking and extra parking in the back. Newer roof, and very well maintained duplex will provide a new landlord peace of mind for many years to come. Make money from day 1! 109 Ray is for sale also, could sell as a package deal.

Investor Tools

$207,305Estimated Mortgage Balance
$101,695Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,099 /month
Positive
Cash Flow Estimate:
$700 /month

Interested in this property?

Samy Eskander

Legacy Streets

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$593/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,573
$254,929
2025
$17,500
$237,429
$254,929
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,573
$254,929

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of The Ozarks
Commercial
$214,000
No
First
Sep 12, 2024
Sep 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$207,305
$101,695
32%
67%
$1,284/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
$1,284/mo
+$1,101/mo
9.3%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Arlington

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107 Ray St | Property Details | No Agent List