INVESTMENT OPPORTUNITY!!! $20K BELOW recent appraisal!! Rare opportunity to purchase a full duplex in the heart of Arlington. Unit A is a 2 bedroom, 1 bath unit occupied by long-term tenant on month-to-month. Unit B is a 3 bedroom, 2 bath vacant and in serious need of some love to bring it back to it's full potential. Opportunity to rehab with updates to increase income. Recent rental comps show updated units in the area leasing in the $1300-$1400 range. Both sides have fireplaces, full size washer-dryer hookups, private fenced back yards, and separate 2 car carports. Roof in good condition according to recent roof inspection. Property to be sold as is -Price reflects consideration of condition!! Showing Unit B only - do NOT disturb tenant in Unit A; it will be available to view during Option Period only. Property held in an estate so no SD provided or Profit and Loss available Buyer will need to obtain new survey.
Sold
Price Unknown
707 Oakwood Ln, Arlington, TX 76012
5beds
2,090sqft
Duplex, Multi Family
Built in 1983
10,062 Square Feet Lot
$335,100 Zestimate®
$--/sqft
$2,744 Estimated rent
Home value
$335,100
$315,000 - $355,000
$2,744/mo
Zestimate® history
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Heart of arlington
Zillow last checked:
Listing updated:
Listed by:
Marsha Ashlock 0470768 817-288-5510,
Visions Realty & Investments 817-288-5510
Bought with:
Stephen Gordon
Front Real Estate Co
Source: NTREIS,MLS#: 20531177
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Central, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Range
Features
- High Speed Internet, Cable TV, Walk-In Closet(s)
- Flooring: Luxury Vinyl, Luxury VinylPlank
- Windows: Window Coverings
- Has basement: No
- Number of fireplaces: 2
- Fireplace features: Masonry, Wood Burning
Interior area
- Total structure area: 2,090
- Total interior livable area: 2,090 sqft
Property
Parking
- Total spaces: 4
- Parking features: Alley Access, Covered, Detached Carport, Shared Driveway
- Carport spaces: 4
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Pool features: None
- Fencing: Privacy,Wood
Lot
- Size: 10,062 Square Feet
Details
- Parcel number: 07399782
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Duplex, Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1983
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Separate Meters, Water Available, Cable Available
Community & HOA
Community
- Features: Curbs
- Subdivision: Oakwood Square Add
HOA
- Has HOA: No
Location
- Region: Arlington
Financial & listing details
- Tax assessed value: $240,438
- Annual tax amount: $5,478
- Date on market: 2/8/2024
- Cumulative days on market: 3 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 3/11/2024 | Sold | -- |
Source: NTREIS #20531177 Report a problem | ||
| 2/19/2024 | Pending sale | $260,000$124/sqft |
Source: NTREIS #20531177 Report a problem | ||
| 2/12/2024 | Contingent | $260,000$124/sqft |
Source: NTREIS #20531177 Report a problem | ||
| 2/8/2024 | Listed for sale | $260,000$124/sqft |
Source: NTREIS #20531177 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,256 -10.9% | $240,438 -10.9% |
| 2024 | $5,901 +7.7% | $270,000 +8.8% |
| 2023 | $5,478 -15.6% | $248,245 -4.9% |
| 2022 | $6,491 +75.3% | $261,000 +80.8% |
| 2021 | $3,702 -1.3% | $144,372 |
| 2020 | $3,751 -16.1% | $144,372 -18.9% |
| 2019 | $4,470 +37.2% | $178,000 +41.9% |
| 2018 | $3,258 -0.9% | $125,402 -0.2% |
| 2017 | $3,287 +4% | $125,610 +5.8% |
| 2016 | $3,159 +21.4% | $118,701 +20.4% |
| 2015 | $2,603 | $98,601 -0.1% |
| 2014 | $2,603 | $98,700 -13.2% |
| 2013 | -- | $113,700 +19.7% |
| 2012 | -- | $95,000 +3.3% |
| 2011 | -- | $92,000 -13.2% |
| 2010 | -- | $106,000 -10.8% |
| 2009 | -- | $118,900 -1.8% |
| 2008 | -- | $121,100 +14.6% |
| 2007 | -- | $105,700 |
| 2006 | -- | $105,700 -3.9% |
| 2005 | -- | $110,000 +104.1% |
| 2004 | -- | $53,900 |
| 2003 | -- | $53,900 |
| 2002 | -- | $53,900 |
| 2001 | -- | $53,900 |
| 2000 | -- | $53,900 |
Find assessor info on the county website
Neighborhood: West
Nearby homes
- $--2 bd2 ba1k sqft707 Oakwood Ln APT A, Arlington, TX 76012Off Market
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Nearby schools
GreatSchools rating
- 3/10Pope Elementary SchoolGrades: PK-6Distance: 0.4 mi
- 5/10Shackelford Junior High SchoolGrades: 7-8Distance: 1.7 mi
- 2/10Lamar High SchoolGrades: 9-12Distance: 1.7 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
$335,100
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Estimated market value
$335,100
- Texas
- Tarrant County
- Arlington
- 76012
- West
- 707 Oakwood Ln
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