Arlington, TX 76012,707 Oakwood Lane
$260,000
Est.Price: ?

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5 BD
3 BA
10,062 Sqft Lot

707 Oakwood Lane Arlington, TX 76012

Est. payment /mo
SOLD DATE : 03/11/2024

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Subdivision Oakwood Square Add

MLS Listing ID 20531177

Sold Date 03/11/24

Bedrooms 5

Full Baths 3

HOA Y/N None

Total Fin. Sqft 2090

Year Built 1983

Annual Tax Amount $5,478

Lot Size 10,062 Sqft

Acres 0.231

Property Description

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.

Location

State TX

County Tarrant

Direction Use GPS to get to carport, you must enter alley off of Sanford right past the apartment sign of OAKBROOK COURT.

Interior

Interior Features Cable TV Available, High Speed Internet Available, Walk-In Closet(s)

Heating Central, Fireplace(s)

Cooling Central Air

Flooring Luxury Vinyl Plank

Fireplaces Number 2

Fireplaces Type Brick, Wood Burning

Appliance Dishwasher, Electric Range

Heat Source Central, Fireplace(s)

Exterior

Carport Spaces 4

Fence Privacy, Wood

Utilities Available Alley, Cable Available, City Sewer, City Water, Curbs, Individual Water Meter

Roof Type Composition

Total Parking Spaces 4

Garage No

Building

Story One

Foundation Slab

Level or Stories One

Structure Type Brick,Siding

Schools

Elementary Schools Pope

High Schools Lamar

School District Arlington Isd

Others

Ownership Jacqueline Wilson, Independent Executor of Estate

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

Read Less


North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Marsha Ashlock • Visions Realty & Investments
Bought with Stephen Gordon • Front Real Estate Co

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Meredith Johnson

Agent | License ID: 995690239

+1(318) 426-6120

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