This 10 townhome portfolio is an excellent buy sitting on large lots, minutes from AT&T stadium and in the heart of Arlington! A great NOI and Cap Rate that has the potential to be significantly improved. All built in 2015 so each townhome is very energy efficient. All units are tenant occupied with standard 12 month leases and most tenants are long term. Portfolio is able to be split up to purchase with certain rules conforming to closing. See agent for details.
Sold
Price Unknown
502 Bellevue Ln, Arlington, TX 76012
--beds
3baths
1,764sqft
Multi Family
Built in 2015
-- sqft lot
$441,400 Zestimate®
$--/sqft
$1,697 Estimated rent
Home value
$441,400
$371,000 - $516,000
$1,697/mo
Zestimate® history
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$1,500/mo
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Zillow last checked:
Listing updated:
Listed by:
DR Couch 0616604 682-552-7482,
Ready Real Estate LLC 817-569-8200,
Von Sutten 0475530 817-681-5180,
Ready Real Estate LLC
Bought with:
William Beutel
Southern Homes
Source: NTREIS,MLS#: 20529276
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 3
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Disposal
Features
- Decorative/Designer Lighting Fixtures
- Flooring: Carpet, Ceramic Tile, Laminate
Interior area
- Total structure area: 1,764
- Total interior livable area: 1,764 sqft
Property
Parking
- Total spaces: 20
- Parking features: Garage, Garage Door Opener
- Has garage: Yes
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 3,397 Square Feet
Details
- Parcel number: 40542017
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 2015
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Wesley Commons
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds
- HOA fee: $1,500 annually
- HOA name: Wesley Commons HOA
Location
- Region: Arlington
Financial & listing details
- Tax assessed value: $236,950
- Annual tax amount: $5,531
- Date on market: 2/6/2024
- Cumulative days on market: 152 days
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2026 | Listing removed | $2,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/16/2026 | Listed for rent | $2,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/1/2025 | Listing removed | $2,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/22/2025 | Listed for rent | $2,000+48.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/30/2024 | Sold | -- |
Source: NTREIS #20529276 Report a problem | ||
| 7/26/2024 | Pending sale | $2,600,000$1,474/sqft |
Source: NTREIS #20529276 Report a problem | ||
| 7/7/2024 | Contingent | $2,600,000$1,474/sqft |
Source: NTREIS #20529276 Report a problem | ||
| 6/3/2024 | Price change | $2,600,000-7.1%$1,474/sqft |
Source: NTREIS #20529276 Report a problem | ||
| 4/21/2024 | Price change | $2,800,000-3.4%$1,587/sqft |
Source: NTREIS #20529276 Report a problem | ||
| 2/6/2024 | Listed for sale | $2,900,000-2.5%$1,644/sqft |
Source: NTREIS #20529276 Report a problem | ||
| 12/1/2023 | Listing removed | -- |
Source: NTREIS #20349208 Report a problem | ||
| 6/25/2023 | Price change | $2,975,000-0.8%$1,687/sqft |
Source: NTREIS #20349208 Report a problem | ||
| 6/7/2023 | Listed for sale | $3,000,000+14900%$1,701/sqft |
Source: NTREIS #20349208 Report a problem | ||
| 12/10/2017 | Listing removed | $1,350$1/sqft |
Source: All City Real Estate #13734356 Report a problem | ||
| 12/4/2017 | Price change | $1,350-3.6%$1/sqft |
Source: All City Real Estate #13734356 Report a problem | ||
| 11/23/2017 | Listed for rent | $1,400$1/sqft |
Source: All City Real Estate #13734356 Report a problem | ||
| 2/9/2011 | Listing removed | $20,000$11/sqft |
Source: RE/MAX Associates of Arlington #11454752 Report a problem | ||
| 1/8/2011 | Listed for sale | $20,000$11/sqft |
Source: RE/MAX Associates of Arlington #11454752 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,180 -19.9% | $236,950 -19.9% |
| 2024 | $6,468 +11.5% | $295,944 +12.6% |
| 2023 | $5,799 +4.8% | $262,800 +18.2% |
| 2022 | $5,531 +41.4% | $222,393 +45.7% |
| 2021 | $3,913 -2.3% | $152,594 -1% |
| 2020 | $4,004 +3.5% | $154,090 |
| 2019 | $3,870 -2% | $154,090 +1.4% |
| 2018 | $3,949 -12.2% | $152,000 -11.6% |
| 2017 | $4,498 +55.8% | $171,868 +58.4% |
| 2016 | $2,888 +1855.1% | $108,492 +623.3% |
| 2015 | $148 | $15,000 +167.9% |
| 2014 | $148 | $5,600 -62.7% |
| 2013 | -- | $15,000 |
| 2012 | -- | $15,000 |
| 2011 | -- | $15,000 +15.4% |
| 2010 | -- | $13,000 |
| 2009 | -- | $13,000 |
| 2008 | -- | $13,000 |
| 2007 | -- | $13,000 |
| 2006 | -- | $13,000 -18.9% |
| 2005 | -- | $16,030 |
Find assessor info on the county website
Neighborhood: West
Nearby homes
- $233,4003 bd2 ba1.7k sqft504 Bellevue Ln, Arlington, TX 76012Off Market
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Nearby schools
GreatSchools rating
- 3/10Pope Elementary SchoolGrades: PK-6Distance: 0.6 mi
- 5/10Shackelford Junior High SchoolGrades: 7-8Distance: 2.1 mi
- 2/10Lamar High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Pope
- High: Lamar
- District: Arlington ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$441,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$441,400
- Texas
- Tarrant County
- Arlington
- 76012
- West
- 502 Bellevue Ln
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