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$357,000

NAL Estimated Property Value

2307 Monte Carlo Dr, Arlington, TX, 76015

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,310 Sq Ft
DuplexDuplex
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range
FlooringCarpet, Vinyl

Exterior

Lot Size7,871 sqft

Building Information

Year Built1981
Stories1

Land Information

APN31153-2-50
Lot Number50
SubdivisionOlympia Park
Land UseResidential
Legal DescriptionOLYMPIA PARK BLOCK 2 LOT 50
Census Tract111526
Assessed Land Value$40,000
Assessed Improvement Value$317,000
Assessment Year2025

About this property

Fully Leased Duplex in Central Arlington – Turnkey Investment Opportunity Excellent investment property in a prime Arlington location, just minutes from schools, shopping, dining, and quick access to I-20. This well-maintained brick duplex, built in 1981, offers two spacious 2-bedroom, 1 bathroom units with an extra vanity for the master, each approximately 1,155 square feet Both sides are currently leased, which makes this a ready-to-go income property. Unit A is on a month-to-month lease at $1,175 per month, and Unit B is leased at $1,325 per month through December 31, 2025. After that, it converts to a month-to-month agreement, giving flexibility for future rent adjustments or new leases. Recent updates provide peace of mind for the next owner, including a NEW ROOF in September 2025, an HVAC system in Unit A installed in September 2023, an air handler in Unit B replaced in January 2025, a new dishwasher installed in June 2023, and a new electric range in Unit A in August 2021. Each unit features carpeted bedrooms and wood-look vinyl flooring throughout the main living areas. The primary bedrooms include walk-in closets and a convenient vanity with extra counter space and storage. Tenants enjoy two dedicated parking spaces per unit, for a total of four spaces, and each unit is separately metered for utilities. With solid rental history, quality recent upgrades, and a strong location, this duplex is an excellent opportunity for investors who want a stable, income-producing property in a desirable area of Arlington.

Investor Tools

Property Icon
$357,000
Estimated Property Value
$270,821Estimated Mortgage Balance
$86,179Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$799/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,803
$357,000
2025
$40,000
$317,000
$357,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,803
$357,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loan Simple Inc
Unknown
$272,000
No
First
Feb 12, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$270,821
$86,179
24%
76%
$1,631/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$1,631/mo
+$959/mo
8.7%

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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2307 Monte Carlo Dr | Property Details | No Agent List