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    617 Lost Springs Ct Arlington, TX 76012

    For Sale
    $525,000

    Triplex - Arlington, TX

    Type:Triplex
    Days on Market:
    8
    Last Refresh:
    Dec 8 at 4:06 pm

    Property Features for 617 Lost Springs Ct

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    Bathrooms
    6
    APN
    00537837
    Parking
    6
    Parking features
    Carport, Covered, Garage
    Interior features
    Cable Tv Available, High Speed Internet Available
    Exterior features
    Private Yard, Fence
    Fencing
    Fenced
    Fireplace
    1
    Appliances
    Dishwasher, Garbage Disposer, Microwave, Range, Washer

    Utilities

    Utilities
    Cable Available
    Heating system
    Central, Electric (Heating), Fireplace(s)
    Cooling system
    Ceiling Fan(s), Central Air, Electric

    Building Details

    Year built
    1983
    Floors in Building
    2
    Flooring type
    Carpet, Tile, Tile - Ceramic
    Building materials
    Brick
    Roof type
    Composition
    Architectural style
    Other

    Arlington Park Realtors (817) 460-6011

    Listing agent Gina Floyd (817) 460-6011 License #0518117

    Listing date Dec 1, 2025

    MLS# 21122452 Listing URL

    Copyright © 2025 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.

    Overview

    Arlington Triplex: Investor Opportunity

    This triplex property presents an opportunity for investors. All three units are currently rented. Unit A is leased for $1475 per month with the lease expiring in May 2026. Unit B is leased for $1450 per month, also expiring in May 2026. Unit C is on a month-to-month lease for $1350 per month. The property features long-term tenants, and water and electricity are individually metered for each unit. A new roof, gutters, and carport cover are planned for 2025. The fence was replaced in 2023, and the exterior was painted in 2020. Patio sliding doors for Units A and C were replaced in 2023. Each unit's first floor includes a living area, dining area, kitchen, bedroom, bathroom, and laundry closet. The living room features a wood-burning fireplace and a small wet bar. The second floor of each unit has a second bedroom and a full bath. This split bedroom arrangement offers privacy and is suitable for roommates or a young family. The units feature vinyl plank flooring in the living areas, carpet in the bedrooms, and tile in wet areas. The living area is open to the dining area, which has a sliding patio door leading to a small fenced backyard with an open patio. Each unit has a covered two-car carport.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Arlington
    County
    Tarrant
    State
    Texas
    Longitude
    -97.146402
    Latitude
    32.741743

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    FAQs

    What type of property is this?
    Triplex - Fully leased triplex in Arlington, TX with long-term tenants.
    Where is this triplex located?
    The property is located at 617 Lost Springs Ct Arlington, TX.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: - Triplex property with immediate rental income from all three units.; - New roof, gutters, and carport cover installed in 2025.; - Each unit features a spacious 3-bedroom, 2-bathroom layout with a split bedroom arrangement.
    (817) 460-6011
    Request Owner's contact information
    617 Lost Springs Ct Arlington, TX 76012
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    Arlington, TX 76012
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    617 Lost Springs Ct Arlington, TX 76012
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