Under contract

Active Under Contract

2723 Parkchester Drive

Arlington TX, 76015

$400,000


$197.53 per sqft

Under contract

Active Under Contract

4 Beds

4 Baths

2,025 sqft

Multi-family

Built in 1979

Excellent Investment Opportunity with this Full Duplex!! Short Elementary is a 1 block walk, making it easy to avoid long drop off lines. Gunn Jr High is just under 1 mile away as well. Property sits 1 block from California Ln Park. The park features a pond for fishing, covered gazebo for gatherings or grilling, full-size soccer field, walking track around the field, basketball court, playgrounds & an awesome, free to use splash pad for cooling off in the summer! 2723 Parkchester Side- Lease began 7-10-2021. Lease Expired August 31st 2024 and is now month to month. Rent $1540 per month and total 2024 rents collected $18,670 or $1556 per month. Renewal offer of $1600 per month can be offered at any time. 2725 Parkchester Side- Lease began April-1-2020. It will be month to month starting March 31st. Rental rate is $1510 with an annual gross of $18,120 annually. The tenant has requested to extend another 12 or even 24 months. Renewal rate would be to $1600 per month. A possibility to increase revenue arises very quickly with little to no owner costs associated. Possibility of $3200 per month if both renew for a total gross of $38,400 annual revenue. Owner has taken excellent care of this property over the many years they have owned it. Contact agent for full list of information from the seller.

20835849

MLS ID

February 13, 2025

Updated

Interior Features

Total Stories

1


Bedrooms

4


Total Bathrooms

4


Full Bathrooms

2


Half Bathrooms

2


Interior Features

Double Vanity, Granite Counters, High Speed Internet, Pantry, Cable TV


Appliances

Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Vented Exhaust Fan


Floor Description

Ceramic Tile, Laminate


Fireplace

Yes


Fireplace Description

Decorative, Living Room, Wood Burning


Cooling

Yes


Cooling Description

Central Air, Ceiling Fan(s), Electric


Heating

Yes


Heating Description

Central, Electric, Fireplace(s)

Exterior/Building Features

Lot Size

0.18 Acres


Exterior Features

Dog Run, Lighting, Private Yard, Rain Gutters, Storage


Lot Features

Cleared, Interior Lot, Landscaped, Level, Subdivision


Roof

Composition


Sewer

Public Sewer


Patio And Porch

Rear Porch, Patio, Covered


Security

Security System, Smoke Detector(s), Security Lights


Window

Window Coverings

School Information

School District

Arlington ISD


High School

Arlington


Elementary School

Short

Other Property Details

Taxes

$6,159


Tax Frequency

Annually


Days on Market

5


Garage

No


Parking

Common, Concrete, Covered, Carport, Detached Carport, Direct Access, Driveway, Guest, Lighted, No Garage, On Site, Outside, Shared Driveway, On Street, Side By Side


Parking Total

4


View

No


County

Tarrant


Water Source

Public


Pool

No


Pool Features

None


Utilities

Electricity Available, Electricity Connected, Phone Available, Sewer Available, Separate Meters, Water Available, Cable Available

Listing History

Date

Event

Price

2/9/2025

Under contract

Listed by Tony Snodgrass with HomeSmart
Listing Contact: 972-401-1400 

The IDX display contains information sourced from the North Texas Real Estate Information Systems, Inc. as of 2/13/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 2/13/2025 at 12:13 AM UTC

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