$345,000
●
House -
Off Market
117 Parkview Drive
Arlington, TX 76010
4 Beds
2 Baths
1,519 Ft²
$1,717
Est. Monthly
About This Property
Charming Updated Arlington Home in Prime Location with Investment
Potential. Discover this beautifully updated 4-bedroom,
2-bath home offering 1,519 sf of inviting living space. The home
showcases beautifully refinished original hardwood floors, a fully
renovated kitchen with quartz countertops, new cabinetry, and tile
flooring, along with updated bathrooms featuring fresh tilework.
Major improvements include new plumbing throughout.
Situated within Arlington's designated short-term rental zone, this property offers excellent income-producing potential. It has already proven itself as a successful furnished rental, consistently leased to UFL players over the past two seasons. Looking ahead, opportunities include the nearby Dallas Cowboys home games, concert events at AT&T and Choctaw Stadiums and the 2026 FIFA World Cup, which will bring 9 games to AT&T Stadium, just minutes away.
All information is deemed reliable, but not guaranteed. Buyer and Buyer's Agent to independently verify all information, including but not limited to schools, measurements, taxes, and restrictions.
Situated within Arlington's designated short-term rental zone, this property offers excellent income-producing potential. It has already proven itself as a successful furnished rental, consistently leased to UFL players over the past two seasons. Looking ahead, opportunities include the nearby Dallas Cowboys home games, concert events at AT&T and Choctaw Stadiums and the 2026 FIFA World Cup, which will bring 9 games to AT&T Stadium, just minutes away.
All information is deemed reliable, but not guaranteed. Buyer and Buyer's Agent to independently verify all information, including but not limited to schools, measurements, taxes, and restrictions.
Unit Size
1,519 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$230
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (NTREIS #21041991)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 8, 2025 | Sold | ||
| Sold | |||
| Sep 12, 2025 | In contract | - | |
| In contract | |||
| Aug 28, 2025 | Listed by Compass RE Texas, LLC. | $349,500 | |
| Listed by Compass RE Texas, LLC. | |||
| Oct 20, 2023 | Sold | ||
| Sold | |||
| Oct 3, 2023 | Listed by Coldwell Banker Realty Plano | $170,000 | |
| Listed by Coldwell Banker Realty Plano | |||
| | |||
|
Rare and exciting opportunity! Nestled on a beautiful, over quarter of an acre,.30 acre lot with TONS of potential. Ideal for the savvy investor! Generate passive income through long or short-term rentals, with AT&T Dallas Cowboys stadium, Rangers Ballpark, Six Flags, Hurricane Harbor, Museums, the largest E-sports facility in North America, Arlington Convention Center, not to mention UT-Arlington all bringing a plethora of interest to the area and will keep your property tenanted year-round. Original hardwood floors, updated bath, updated electrical panel and wiring. This is a prime Location near shopping, restaurants, schools, under 15 mins to DFW Airport and easy access to all major freeways, Dallas AND Fort Worth. Sold 'as-is, where-is' this baby is a blank canvas for you to bring to life! PS: LOCATION, LOCATION, LOCATION!!
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Property Highlights
Garage
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Kenneth Lo, Compass RE Texas, LLC.
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 21041991
Details provided by NTREIS and may not match the public record
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 21041991
Details provided by NTREIS and may not match the public record
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