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$395,000

1122 N Center Street N 1122 and #1124, Arlington, TX, 76011

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,012 Sq Ft
DuplexDuplex
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop
FlooringLaminate

Exterior

Lot Size6,721 sqft

Building Information

Year Built1980
Stories1

Land Information

APN1350-1-3C
Lot Number3C
SubdivisionAvondale Place Addition
Land UseResidential
Legal DescriptionAVONDALE PLACE ADDITION BLOCK 1 LOT 3C
Census Tract121704
Assessed Land Value$26,885
Assessed Improvement Value$264,115
Assessment Year2025

About this property

Prime Investment Opportunity in the Arlington Entertainment District! This 1980-built duplex offers a total of 4 bedrooms and 2 full bathrooms, spread across a spacious 2,012 square feet of living area. Perfectly positioned for maximum ROI, the property consists of two well-proportioned units: Unit #1122 at 1,014 square feet and Unit #1124 at 998 square feet. The building is situated on a 6,721 square foot lot and features a durable slab foundation, composition shingle roof, and central heating and cooling. The exterior includes a common concrete parking area for residents and guests and has room to fit 6-8 cars. Investors will appreciate the immediate cash flow, as one side is currently secured on a one-year lease for $1,350 per month starting May 9th, 2026. The second unit will be delivered vacant, providing an opportunity for a savvy investor to leverage the high-demand Entertainment District location for Airbnb or short-term rental income! Located within Arlington ISD and just minutes from world-class stadiums and attractions, this listing is a rare find in a top-tier location.

Investor Tools

Property Icon
$395,000
Estimated Property Value
$0Estimated Mortgage Balance
$258,126Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,370 /month
Positive
Cash Flow Estimate:
$790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$695/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,362
$291,000
2025
$26,885
$264,115
$291,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,362
$291,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Financial Network Inc
Conventional
$153,750
No
First
Nov 13, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$136,874
$258,126
65%
35%
$922/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
$922/mo
+$1,463/mo
7.2%

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.

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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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1122 N Center Street N 1122 and #1124 | Property Details | No Agent List