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$376,000

NAL Estimated Property Value

505 Claire Ct, Arlington, TX, 76012

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,870 Sq Ft
DuplexDuplex
price_per_sqft$0.86 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Refrigerator

Exterior

Exterior FeaturesRain Gutters
Lot Size8,172 sqft

Building Information

Year Built1980
Stories1

Land Information

APN7349-2-7
Lot Number7
SubdivisionClaire Court
Land UseResidential
Legal DescriptionCLAIRE COURT BLOCK 2 LOT 7
Census Tract121613
Assessed Land Value$15,000
Assessed Improvement Value$258,984
Assessment Year2025

About this property

MULTIPLE OFFERS have been received. Offer deadline is Friday, April 7th at 8 pm.Great opportunity to own a full duplex in central Arlington! Listing includes 505 and 507 Claire Ct. Photos are of 505 Claire Ct and are representative of both units. Each unit has 2 bedrooms, 1 bath and uncovered parking for 4 vehicles. New laminate flooring and appliances in July 2018. Exterior repainted and chimney base and wood rot repaired in January 2019. Bathtub refinished September of 2019. New fence in June 2018. Water pipe from meter to house replaced July 2018. New roof in 2022. New gutters July 2019. French drain installed in July 2019. City-owned green space and walking trails at end of street. Each unit is currently leased for $1200 per mth. Pictures were taken prior to current tenant. PLEASE DO NOT DISTURB TENANTS.

Investor Tools

Property Icon
$376,000
Estimated Property Value
$329,011Estimated Mortgage Balance
$46,989Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,256 /month
Positive
Cash Flow Estimate:
$752 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$656/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,988
$273,984
2025
$15,000
$258,984
$273,984
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,988
$273,984

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Conventional
$334,400
No
First
Jun 30, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$329,011
$46,989
12%
88%
$2,005/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
$2,005/mo
+$380/mo
7.6%

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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505 Claire Ct | Property Details | No Agent List