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5505 Oak Brook Road
About This Property
No HOA and packed with character, flexibility, and space near dining, entertainment, and DFW Airport. This 3-bedroom, 2-bath home shows features that are hard to find. Low maintenance flooring flows throughout the home, while tall ceilings and a fireplace create a warm and inviting atmosphere in the main living area. The thoughtful layout includes a formal dining room and an eat-in kitchen, providing multiple spaces for gathering and entertaining. The private primary suite features an ensuite bath with dual sinks for added convenience. Outside, enjoy a standout extra feature, a 20x20 outbuilding with electricity that can easily serve as a home office, workshop, she-shed, man cave, home school, hobby space, fitness room, or theater. The possibilities are endless. Conveniently located in Arlington, this home is close to shopping, dining, and entertainment throughout Arlington and the Dallas-Fort Worth Metroplex. Enjoy being close to Arlington Highlands, The Parks Mall, local restaurants, and major attractions including AT&T Stadium, Globe Life Field, and Texas Live! Located within Arlington ISD, this home delivers versatility, convenience, and freedom without HOA restrictions. New roof installed May 2026!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 22, 2026 | Price Decreased |
$317,500
↓ $8K
(2.3%) | |
| Price Decreased | |||
| Sep 7, 2026 | No longer available | - | |
| No longer available | |||
| Sep 7, 2026 | Listed by Beycome Brokerage Realty LLC | $325,000 | |
| Listed by Beycome Brokerage Realty LLC | |||
| Aug 31, 2026 | Price Increased |
$328,000
↑ $2K
(0.6%) | |
| Price Increased | |||
| Aug 10, 2026 | In contract | - | |
| In contract | |||
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About West Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017