Arlington, TX 76015,2723 Parkchester Drive
$400,000
Est.Price: ?

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4 BD
4 BA
7,840 Sqft Lot

2723 Parkchester Drive Arlington, TX 76015

Est. payment /mo
SOLD DATE : 03/12/2025

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Subdivision Westchester West

MLS Listing ID 20835849

Bedrooms 4

Full Baths 2

Half Baths 2

Year Built 1979

Annual Tax Amount $6,159

Lot Size 7,840 Sqft

Property Sub-Type Duplex

Property Description

Excellent Investment Opportunity with this Full Duplex!! Short Elementary is a 1 block walk, making it easy to avoid long drop off lines. Gunn Jr High is just under 1 mile away as well. Property sits 1 block from California Ln Park. The park features a pond for fishing, covered gazebo for gatherings or grilling, full-size soccer field, walking track around the field, basketball court, playgrounds & an awesome, free to use splash pad for cooling off in the summer! 2723 Parkchester Side- Lease began 7-10-2021. Lease Expired August 31st 2024 and is now month to month. Rent $1540 per month and total 2024 rents collected $18,670 or $1556 per month. Renewal offer of $1600 per month can be offered at any time. 2725 Parkchester Side- Lease began April-1-2020. It will be month to month starting March 31st. Rental rate is $1510 with an annual gross of $18,120 annually. The tenant has requested to extend another 12 or even 24 months. Renewal rate would be to $1600 per month. A possibility to increase revenue arises very quickly with little to no owner costs associated. Possibility of $3200 per month if both renew for a total gross of $38,400 annual revenue. Owner has taken excellent care of this property over the many years they have owned it. Contact agent for full list of information from the seller.

Location

State TX

County Tarrant

Community Curbs

Interior

Heating Central, Electric, Fireplace(s)

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Ceramic Tile, Laminate

Fireplaces Number 2

Fireplaces Type Decorative, Living Room, Wood Burning

Exterior

Exterior Feature Covered Patio/Porch, Dog Run, Rain Gutters, Lighting, Private Yard, Storage

Fence Back Yard, Fenced, Gate, Wood

Community Features Curbs

Utilities Available Cable Available, City Sewer, City Water, Concrete, Curbs, Electricity Available, Electricity Connected, Individual Water Meter, Phone Available

Roof Type Composition

Building

Lot Description Cleared, Interior Lot, Landscaped, Level, Subdivision

Story One

Foundation Slab

Structure Type Siding,Stucco

Schools

Elementary Schools Short

Middle Schools Gunn

High Schools Arlington

School District Arlington Isd

Others

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan

Special Listing Condition Survey Available

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Tony Snodgrass • HomeSmart
Bought with Victor Steffen • eXp Realty LLC

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agent

John Teixeira

Agent | License ID: 0564565

+1(817) 637-4658

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