$351,000
●
House -
Off Market
208 Circle Drive
Arlington, TX 76010
3 Beds
0 Bath
1,686 Ft²
$2,269
Est. Monthly
5.34%
Cap Rate
About This Property
*Multiple offers received. Offers due by Tuesday, 9-24, at 1:00
PM!*
This charming 3-bed, 2-bath home is located in the heart of Arlington, just minutes from AT&T Stadium, Globe Life Field, and Six Flags, making it a perfect investment for short-term rental opportunities. Ideal for guests attending sporting events, concerts, or family vacations, the home features a spacious living area, a modern kitchen with stainless steel appliances, and cozy bedrooms. Recent updates, including fresh paint and restored hardwood flooring, create a welcoming and stylish environment. Guests can unwind in the private backyard with a covered patio, perfect for relaxation after a busy day of exploring. Situated on a large corner lot, with parking for up to 4 vehicles in the driveway, convenience is never an issue. Offering an unbeatable location near Arlington's top attractions, this property is a fantastic choice for investors or those seeking an STR, Airbnb, or VRBO before the World Cup!
This charming 3-bed, 2-bath home is located in the heart of Arlington, just minutes from AT&T Stadium, Globe Life Field, and Six Flags, making it a perfect investment for short-term rental opportunities. Ideal for guests attending sporting events, concerts, or family vacations, the home features a spacious living area, a modern kitchen with stainless steel appliances, and cozy bedrooms. Recent updates, including fresh paint and restored hardwood flooring, create a welcoming and stylish environment. Guests can unwind in the private backyard with a covered patio, perfect for relaxation after a busy day of exploring. Situated on a large corner lot, with parking for up to 4 vehicles in the driveway, convenience is never an issue. Offering an unbeatable location near Arlington's top attractions, this property is a fantastic choice for investors or those seeking an STR, Airbnb, or VRBO before the World Cup!
Unit Size
1,686 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$216
Property Type
House
Property Taxes
$477
HOA Dues
-
Year Built
1956
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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: 3 years ago (NTREIS #20730281)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 4, 2024 | Sold | ||
| Sold | |||
| Sep 28, 2024 | In contract | - | |
| In contract | |||
| Sep 19, 2024 | Listed by BK Real Estate LLC | $365,000 | |
| Listed by BK Real Estate LLC | |||
| Apr 10, 2024 | Sold | ||
| Sold | |||
| Mar 29, 2024 | Listed by RE/MAX Associates of Mansfield | $198,000 | |
| Listed by RE/MAX Associates of Mansfield | |||
| | |||
|
Welcome to this investor's dream in the Heart of Arlington! 3 Bedroom 2 Bath! Nestled on an extra-large corner lot, this all-brick home boasts endless potential. Located in a desirable neighborhood next to Texas Rangers Stadium. With a bit of vision and TLC, this home can be transformed into a lucrative investment opportunity or a cozy retreat for its future occupants. The generously sized corner lot offers plenty of room for outdoor activities, gardening, or potential expansion possibilities, making it a rare find in today's market. Whether you're looking to renovate and flip or hold and rent, the potential for profit is undeniable. Sold as-is with no repairs, the price of this property reflects its current condition, presenting a prime opportunity for savvy investors to add value and maximize returns. Don't miss out on this chance to turn dreams into reality – schedule your showing today and unlock the potential of this diamond in the rough! This one will not last long!
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Listed by: Brittney Kosev, BK Real Estate LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20730281
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20730281
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
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