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    Turnkey Duplex Investment Opportunity Title is generated by Realmo AI

    518 Jordan Lane, Arlington, TX 76012

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    For Sale
    $319,000

    MULTI_FAMILY - Arlington, TX

    Lot size:
    0.14 Acres
    Added:
    Mar 31, 2026
    Days on Market:
    68
    Last Refresh:
    Jun 6 at 1:06 am

    Property Features for 518 Jordan Lane

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bathrooms
    2
    Rooms
    Bathroom 2, Bathroom 1
    Parking
    4
    Parking features
    Driveway
    Interior features
    Pantry
    Exterior features
    PrivateYard, Storage
    Appliances
    ElectricRange, Refrigerator
    Standard status
    Active
    APN
    01471937
    Lot size
    0.14 Acres

    Taxes and HOA fees

    Tax Description
    JORDAN SUBDIVISION-ARLINGTON LOT 9
    Tax Annual Amount
    5628

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Ceiling Fan(s), Central Air, Electric
    Water source
    Public

    Building Details

    Year built
    1983
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Tile, Laminate
    Building materials
    Brick, WoodSiding
    Roof type
    Composition, Shingle
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Jenna Harris

    Listing agent Jenna Harris License #0629804

    Listing office The Sears Group Houston, TX

    Listing date Mar 31, 2026

    MLS# 21197456 Listing URL

    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

    • 100% occupied duplex with tenants in place; tenants responsible for all utilities
    • Both units feature open‑concept living, dining, and kitchen areas, plus sizable bedrooms
    • Recent updates include laminate flooring, fresh paint, and updated fixtures
    • Each unit has a fenced private backyard; Unit B includes a large outdoor storage unit
    • Brick and wood siding exterior with shingle/composition roof; built in 1983
    • Utilities: public water and public sewer; central heating and central air (plus ceiling fans)

    Overview

    This turnkey duplex investment is 100% occupied and ready for immediate income. Each unit features an open concept layout that combines living, dining, and kitchen areas for a modern feel, along with recent updates including laminate flooring, fresh paint, and updated fixtures. The homes include sizable bedrooms and a large bathroom with a tub-shower combination. Outdoor space is provided through privately fenced backyards, offering tenants added privacy. Unit B also includes a large outdoor storage unit for tenant use.

    The property is located in Arlington, about 10 minutes from UTA Campus and the entertainment center of central Arlington. Access to main thoroughfares supports convenient commuting and quick trips to major local destinations, while helping keep the day-to-day experience practical for residents.

    For investors or owner-operators seeking steady returns, the current occupancy and move-in-ready condition reduce upfront downtime. With tenants responsible for all utilities, operating expenses are contained, supporting a straightforward path to maintaining consistent cash flow. Updated interiors, fenced outdoor areas, and in-unit bathroom comfort make the units well-suited for tenants who value functional living space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Arlington
    County
    Tarrant
    State
    Texas
    Longitude
    -97.139477
    Latitude
    32.740074

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    FAQs

    What type of property is this?
    Duplex - 100% occupied, updated duplex with open-concept living and fenced backyards, designed for reliable rental income.
    Where is this duplex located?
    The property is located at 518 Jordan Lane Arlington, TX.
    What is the asking price?
    The asking price for this property is $319,000.
    What are key features of this property?
    This property features: 100% occupied duplex with tenants in place; tenants responsible for all utilities; Both units feature open‑concept living, dining, and kitchen areas, plus sizable bedrooms; Recent updates include laminate flooring, fresh paint, and updated fixtures
    (713) 357-0068
    We can help!
    Listing Contact
    Jenna Harris
    Real Estate License ID: 0629804
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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