Pending

$205,000

1220 Alisa Ln, Arlington, TX 76014

4beds

2,197sqft

$1,662/mo

Get pre-qualified

Townhouse

Built in 2022

2,439 Square Feet Lot

$201,500 Zestimate^®

$93/sqft

$-- HOA

What's special

Rare Investment Opportunity 4-Unit Incomplete Structure! Discover the potential at 1214 -1220 Alisa Lane, a rare investment opportunity featuring a 4-unit multifamily structure, each with separate tax ID numbers. The property is currently incomplete, offering a blank slate for value added to investors or developers to finish out the build to suit rental, resale, or portfolio strategies. Each unit is framed and ready for completion, presenting a flexible layout ideal for multifamily income generation. With infrastructure in place and significant progress already made, this is an excellent opportunity to capitalize on the growing demand for housing in the area. Whether you're looking to finish and flip, hold for rental income, or complete as a condo conversion project this property is primed for returns. Sold as-is. Investor inquiries welcome.

456 days
20
2

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1

Primary bedroom

Level: Second
Area: 625
Dimensions: 25X25

Bedroom

Level: Second
Area: 525
Dimensions: 21X25

Bedroom

Level: Second
Area: 525
Dimensions: 21X25

Bedroom

Level: Second
Area: 525
Dimensions: 21X25

Dining room

Level: First

Kitchen

Level: First

Living room

Level: First
Area: 675
Dimensions: 25x27

Heating

Natural Gas

Cooling

Electric

Interior area

Total structure area: 2,197
Total interior livable area: 2,197 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 2
Parking features: Attached
Attached garage spaces: 2

Features

Levels: Levels 1 and 2
Stories: 2

Lot

Size: 2,439 Square Feet

Details

Parcel number: 42350521

Construction

Type & style

Home type: Townhouse
Architectural style: Traditional
Property subtype: Townhouse

Materials

Brick, Stone, Wood Siding
Foundation: Slab
Roof: Composition

Condition

New construction: Yes
Year built: 2022

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Arlington Tech Centre Add

Location

Region: Arlington

Financial & listing details

Price per square foot: $93/sqft
Tax assessed value: $374,003
Annual tax amount: $5,701
Date on market: 7/9/2025

Estimated market value

$201,500

$191,000 - $212,000

$2,947/mo

Price history

Date	Event	Price
8/16/2026	Pending sale	$205,000$93/sqft
Source: HAR #13074284 Report a problem
10/25/2025	Listed for sale	$205,000$93/sqft
Source: HAR #13074284 Report a problem
10/7/2025	Pending sale	$205,000$93/sqft
Source: HAR #13074284 Report a problem
7/9/2025	Listed for sale	$205,000$93/sqft
Source: HAR #13074284 Report a problem
7/2/2025	Listing removed	$205,000$93/sqft
Source: HAR #22643071 Report a problem
2/14/2025	Listed for sale	$205,000$93/sqft
Source: HAR #22643071 Report a problem
12/30/2024	Pending sale	$205,000$93/sqft
Source: HAR #22643071 Report a problem
10/8/2024	Listed for sale	$205,000-43.8%$93/sqft
Source: HAR #22643071 Report a problem
8/14/2024	Sold	--
Source: Public Record Report a problem
7/2/2024	Pending sale	$365,000$166/sqft
Source: NTREIS #20635900 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,176 +43.4%	$374,003 +43.4%
2024	$5,701 +25.3%	$260,830 +26.5%
2023	$4,551 +646.9%	$206,258 +741.9%
2022	$609 -3%	$24,500
2021	$628 -1.3%	$24,500
2020	$637 -2.1%	$24,500 -5.4%
2019	$650	$25,900