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$550,000

721 W Division Street, Arlington, TX, 76012

On MarketInfo
Just AddedInfo
CommercialInfo
Baths0 Bath
Baths3,600 Sq Ft
BusinessBusiness
Year BuiltBuilt in 1963

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringCarpet, Linoleum, Wood

Exterior

Lot Size7,797 sqft

Building Information

Year Built1963

Land Information

APN18230-1-11R
Lot Number11R
SubdivisionHighway Park Addition
Land UseCommercial
Legal DescriptionHIGHWAY PARK ADDITION BLOCK 1 LOT 11R
Census Tract122200
Assessed Land Value$35,100
Assessed Improvement Value$224,900
Assessment Year2025

About this property

Located in the heart of Arlington, this commercial property is a versatile usable space perfect for many types of business - zoned DNO-GC. Visible and accessible off Division just west of Cooper, it provides potential for ideal business presence. The building comprises of 2 units or can be a large single unit. Several office spaces, conference rooms, storage, a handy full kitchen in the center of the property, his and hers bathrooms, reception area, full bathroom off the main office and room to provide a sitting area create functionalility. Parking is ample located in the front, side and back of the building. With the City of Arlington's revitalization initiative, this is a perfect investment for muliple commercial uses.

Investor Tools

$12,437Estimated Mortgage Balance
$247,563Estimated Equity
95% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

Interested in this property?

Terre Coble

Keller Williams Lonestar DFW

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$562/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,444
$260,000
2025
$35,100
$224,900
$260,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,444
$260,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Tommy Gildenblatt
Seller Carryback / Seller Financing / Seller Take-Back
$63,750
No
First
Feb 23, 2000
Mar 2015

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$12,437
$247,563
95%
5%
$383/mo

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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