
$290,000
NAL Estimated Property Value406 N Elm St, Arlington, TX, 76011
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Unique and one of a kind property inside the Arlington Entertainment District which allows short term rentals! Close to UTA, AT&T Stadium and just down the road from Globe Life Field and Texas Live - less than 15 min walk! This owner occupied home comes with a 2 story duplex in the back down the side driveway with a dwelling on top that has 1 bd 1 bath, den and kitchen on each floor. the top is now vacant. This 1920's home has unbelievable character and charm. The inviting front porch has 2 entrances to the home. The living room in front is spacious and is next to the formal dining room that has a beautiful chandelier. The kitchen has tile counters, good cabinets space, a 2 burner cooktop on one side and a griddle on the other. The stove is both a convection oven and microwave. A serving bar goes out to the sitting room with fireplace. The aviary - arboretum is huge inside the home and has trees, plants, gorgeous large bougainvillea with pink flowers and other beautiful plants surrounded by rock and has a running fountain - it is all central air and heat. The owner leases out a large bedroom with it's own separate entrance with bdrm, kitchenette and bath and window units for $800 month - perfect for UTA students. 2 long term tenants. The duplex leases for $1100 and $1,000. The house is 2 bdrm 2.5 baths with 2 living areas plus the arboretum. The owner has replaced all windows, roof, AC, water heater and the hardie plank siding. The master bath has rocked-in bathtub and huge skylight - it is a treasure! The library room is really a nice sitting room with gas fp that overlooks the arboretum. Please check for accuracy of room sizes. The duplex units are appx 635 each sf per owner. This has been used as an Air b&B. The tad sq ft is different from the appraisal sq footage - please verify. The utilities are all included and paid by the owner. The carport is on the side and is close to the side entry. The alley is city maintained - gravel
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Arlington
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