1 Bed
1 Bath
508 SqFt
1 Bed
1 Bath
508 SqFt
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 508 sqft
Subdivision Scottswood Rice Condo
MLS Listing ID 21320946
Bedrooms 1
Full Baths 1
HOA Fees $227/mo
HOA Y/N Mandatory
Year Built 1983
Annual Tax Amount $2,295
Lot Size 1,176 Sqft
Acres 0.027
Property Sub-Type Condominium
Property Description
Rare investor opportunity: 11 income-producing condo units available for sale in the same well-maintained West Arlington community, with a combined monthly rent roll of approximately $15,000 and total asking price of $1,450,000. Unit mix includes 8 one bedroom, one bath units; 2 two bedroom, two bath units; and 1 four bedroom, two bath unit — a diversified, ready-made rental portfolio for the buy and hold or scaling investor.
This listing is for Unit 107, a well-maintained one bedroom, one bath condo with estimated market rent of $1,050 to $1,100 per month, in line with comparable units in the same community.
Why Investors Love This Location. Minutes from Medical City Arlington, about 1.2 miles away, offering steady healthcare worker rental demand. Close to UT Arlington, about 3.3 miles away, providing a built in student and faculty tenant pool. Walk Score of 75, a very walkable location with shopping, dining and Fielder Park nearby. Resort style community pool and well kept common grounds. Strong, consistent occupancy history across the portfolio.
Location
State TX
County Tarrant
Direction Take North Cooper west on Fielder property on the right.
Rooms
Dining Room 1
Interior
Interior Features Walk-In Closet(s)
Fireplaces Number 1
Fireplaces Type Living Room
Appliance Dishwasher, Disposal, Dryer, Microwave
Exterior
Carport Spaces 1
Utilities Available City Sewer, City Water
Garage No
Private Pool 1
Building
Story One
Level or Stories One
Schools
Elementary Schools Short
High Schools Arlington
School District Arlington Isd
Others
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA
Listing Terms 1031 Exchange, Cash, Conventional, FHA
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21320946
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