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Days42Days on Market
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$665,000

$679,900

406 Indiana St, Arlington, TX, 76011

On MarketInfo
Price DropInfo
Beds6 Beds
Baths1 Bath
Baths696 Sq Ft
DuplexDuplex
Year BuiltBuilt in 2026

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 3Bathrooms Half 3
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringTile, Wood

Exterior

Lot Size8,154 sqft

Building Information

Year Built1981
Stories1

Land Information

APN9480--36-10
Lot Number36
SubdivisionDavis, Sol Addition
Land UseResidential
Legal DescriptionDAVIS, SOL ADDITION LOT 36 & PT CLOSED ALLEY
Census Tract122200
Assessed Land Value$32,620
Assessed Improvement Value$95,307
Assessment Year2025

About this property

New construction duplex offering exceptional flexibility and income potential in the heart of Arlington. Each unit features approximately 1,283 square feet with a spacious 3-bedroom, 2 full bath layout designed for comfortable modern living. Thoughtfully built, each side includes a 2-car garage. Located within zoning that allows both short-term and long-term rentals, this property is ideal for investors seeking strong cash flow opportunities or owner-occupants looking to offset their mortgage. Positioned in a prime Arlington location, you’re just minutes from AT&T Stadium, Globe Life Field, Texas Live!, Six Flags, and Hurricane Harbor—making it highly attractive for short-term rental guests. Convenient access to I-30 and major thoroughfares provides easy commuting to Dallas and Fort Worth, while nearby shopping, dining, and entertainment enhance everyday living. A rare opportunity to own a versatile, income-producing property in one of Arlington’s most desirable and high-demand areas.

Investor Tools

Property Icon
$692,000
Estimated Property Value
$314,930Estimated Mortgage Balance
$389,867Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,152 /month
Positive
Cash Flow Estimate:
$1,384 /month

Interested in this property?

Fernando Espinoza

Espinoza Realty Group, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$539/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,008
$127,927
2025
$32,620
$95,307
$127,927
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,008
$127,927

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ternus Lending Llc
Unknown
$314,930
No
First
Apr 12, 2024
Oct 2024

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$302,628
$389,372
56%
44%
$1,889/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,456/mo
$1,889/mo
$-433/mo
2.5%

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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406 Indiana St | Property Details | No Agent List