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$375,000

531 Norwood Cir E, Arlington, TX, 76013

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,554 Sq Ft
DuplexDuplex
price_per_sqft$144.48 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size6,307 sqft

Building Information

Year Built1979
Stories2

Land Information

APN30330-1-8
Lot Number8
SubdivisionNorwood Square
Land UseResidential
Legal DescriptionNORWOOD SQUARE BLOCK 1 LOT 8
Census Tract122500
Assessed Land Value$50,464
Assessed Improvement Value$295,503
Assessment Year2025

About this property

FULL DUPLEX AVAILABLE FOR SALE - 531 and 533. Just minutes from UTA and the Stadium area so this property typically leases up very quickly. The front gate opens to courtyard and entryway and the roof was replaced in 2020. Unit 531 is currently vacant and available for showings. Updates include new flooring, countertops, and updated bathrooms. Unit 533 is currently tenant occupied and not available for showings until we have an executed offer. The current tenant is paying $1,600 per month and the lease expires November 30, 2025. Unit 531 was previously leased for $1,800. Ideal property for a live in House Hack or investment. This one should go quick - come make an offer before someone else does!

Investor Tools

Property Icon
$369,000
Estimated Property Value
$368,207Estimated Mortgage Balance
$6,178Estimated Equity
0% 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
$925/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,253
$345,967
2025
$50,464
$295,503
$345,967
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,253
$345,967

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Radius Financial Group Inc
Fha
$368,207
Yes
First
Jul 7, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$363,369
$5,631
1%
98%
$2,208/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
$2,208/mo
+$177/mo
7.8%

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.

Explore Texas Explore This Area
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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531 Norwood Cir E | Property Details | No Agent List