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$665,000

406 Indiana St, Arlington, TX, 76011

PendingInfo
Beds6 Beds
Baths4 Bath
Baths2,566 Sq Ft
price_per_sqft$259.16 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

BankruptcyAbsentee 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

$302,628Estimated Mortgage Balance
$389,867Estimated Equity
56% 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

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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%

City: Arlington

406 Indiana St | Property Details | No Agent List