127 Browning Drive Arlington, TX 76010
8 Beds
4 Baths
0.31 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Hillview Add
MLS Listing ID 21044624
Bedrooms 8
Full Baths 4
HOA Y/N None
Total Fin. Sqft 2688
Year Built 1952
Annual Tax Amount $11,062
Lot Size 0.308 Acres
Acres 0.308
Property Sub-Type Duplex
Property Description
Seller is also open to selling one duplex individually at $350,000 making this an attractive opportunity for buyers who want just 2 doors, or for FHA,VA house hackers to live in one unit and rent the other.
Located minutes from AT&T Stadium, Globe Life Field, UTA, and Arlington's entertainment district, this package offers turnkey cash flow plus long-term appreciation. Market rents for long-term tenants average $1,100–$1,250 per unit, with even higher gross potential on the Airbnb side. Annual pro forma gross income for the full 4 doors is approx. $52,800, conservative NOI around $34,800, with room for upside.
This is a rare chance to secure flexible investment options: purchase all 4 units together for maximum cash flow, or acquire one duplex at $350K.
Location
State TX
County Tarrant
Direction From Hwy 360, exit Abram St. West. Turn right on Browning Dr. Property on right.
Interior
Interior Features Cable TV Available, High Speed Internet Available, Open Floorplan, Walk-In Closet(s)
Heating Central, Electric
Cooling Ceiling Fan(s), Central Air, Window Unit(s)
Flooring Tile
Appliance Electric Oven, Electric Range, Refrigerator
Heat Source Central, Electric
Exterior
Utilities Available Asphalt, Cable Available, City Sewer, City Water, Curbs, Electricity Available
Roof Type Composition
Garage No
Building
Lot Description Acreage
Story One
Foundation Slab
Level or Stories One
Structure Type Brick,Frame
Schools
Elementary Schools Crow
High Schools Sam Houston
School District Arlington Isd
Others
Ownership Tex Vestors Prop Inv Grp LLC
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan
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