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    1216 Alisa Ln Arlington, TX 76014

    For Sale
    $205,000

    Incomplete four-unit multifamily property, ready for development and investment.

    Lot size:
    0.05 Acres

    Property Features for 1216 Alisa Ln

    General Information

    Lot size
    0.05 Acres

    Building Details

    Year built
    2022

    Source: Berkshire Hathaway HomeServices Premier Properties Agent Joyce Tolliver

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Incomplete Four-Unit Multifamily Investment

    This is a rare investment opportunity featuring an incomplete 4-unit multifamily structure located at 1214 -1220 Alisa Lane. Each unit has a separate tax ID number. The property is currently incomplete, offering a blank slate for value-added investors or developers to finish the build to suit rental, resale, or portfolio strategies. Each unit is framed and ready for completion, presenting a flexible layout ideal for multifamily income generation. With infrastructure in place and significant progress already made, this is an excellent opportunity to capitalize on the growing demand for housing in the area. This property is primed for returns, whether you're looking to finish and flip, hold for rental income, or complete as a condo conversion project. The property is sold as-is.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Map

    City
    Arlington
    County
    Tarrant
    State
    Texas
    Longitude
    -97.0887
    Latitude
    32.6916

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    FAQs

    What type of property is this?
    Quadplex - Incomplete four-unit multifamily property, ready for development and investment.
    Where is this quadplex located?
    The property is located at 1216 Alisa Ln Arlington, TX.
    What is the asking price?
    The asking price for this property is $205,000.
    What are key features of this property?
    This property features: - Rare 4-unit multifamily structure with separate tax IDs for each unit.; - Incomplete structure offers a blank slate for customization and value-add potential.; - Framing is complete, providing a head start on construction.
    (281) 642-5612
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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
    1216 Alisa Ln Arlington, TX 76014
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