515 Gibbins Court, Arlington, TX 76011
- Added:
- Jun 12, 2026
- Days on Market:
- 16
- Last Refresh:
- Jun 27 at 12:06 am
Property Features for 515 Gibbins Court
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bathroom 4, Bedroom 4
- Parking
- 4
- Parking features
- Assigned, Driveway
- Patio and Porch features
- Porch
- Interior features
- EatInKitchen
- Exterior features
- Storage
- Fireplace
- 1
- Appliances
- Dishwasher, ElectricRange, ElectricWaterHeater, Refrigerator
- Standard status
- Active
- APN
- 04618319
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Description
- GEMINI NORTH ADDITION BLOCK 1 LOT 4
- Tax Annual Amount
- 5726
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Ceiling Fan(s), Central Air
- Water source
- Public
Building Details
- Year built
- 1981
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Laminate
- Building materials
- Brick
- Roof type
- Composition
- Additional Structures
- Storage
Listing agent Steve Young License #0410216 (817) 276-5170
Listing office RE/MAX Associates of Arlington Arlington, TX (817) 861-6565
Listing date Jun 12, 2026
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Two‑unit property built in 1981 on a cul‑de‑sac street
- Tenants in place: unit 517 lease until 10‑31‑2026; unit 515 lease until 1‑31‑2027
- Both units recently updated; fencing replacement in backyards reported
- Brick exterior with composition roof; central electric heating and central air
- Each unit includes an eat‑in kitchen and appliances such as refrigerator, dishwasher, and electric range
- Unit 515 includes a storage shed; both units have assigned driveway parking
Overview
The property is located on a cul-de-sac street in Arlington, positioned just south of I-30. Current leasing provides continuity of income, with Unit 517 leased through 10-31-2026 and Unit 515 leased through 1-31-2027. The leases should appeal to investors seeking a manageable timeline for future turnover and rent adjustments.
With both units recently refreshed, this property is well-suited for buyers looking for a turn-key residential income asset with defined lease expirations. The staggered end dates can help an operator plan for renovations and re-leasing when the time comes, and the owner financing option may broaden the pool of qualified buyers.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Arlington
- County
- Tarrant
- State
- Texas
- Longitude
- -97.112326
- Latitude
- 32.756036