2723 Parkchester Drive, Arlington TX 76015

Active Under Contract

$400,000

2723 Parkchester Drive, Arlington, TX 76015

bedrooms

bathrooms

square feet

Acreage

0.18

Open Houses

year built

1979

Full Baths

Half Baths

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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
Subdivision	Westchester West
County	Tarrant
Elementary School	Short
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 20835849

Listing agent: Tony Snodgrass #0530769

Listing broker: Homesmart (817) 992-7871

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Last update: Monday, February 17 2025 at 1:29 p.m. EST

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