Two-Unit Duplex with Covered
New
For Sale
$365,000
1036 Enfilar Ln, Arlington, TX 76017
Single-story residences provide private entrances, fenced backyards, and functional layouts for owner occupancy or rental use.
Property Size2,154 SF
Price / SF$169.45
Days on Market4
Property Features for 1036 Enfilar Ln
General Information
Standard status
Active
Size
2,154 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/2BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Amenities
covered parking
fenced backyards
wood burning fireplace
Building Details
Year Built
1987
Listing Agency:
Keller Williams Realty
(817) 709-1611
Listed By:
Irfan Malik
Source:
Brandeekelley
Added: Aug 26
Changed: Aug 29
Last Checked: Aug 25 at 6:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty
Investment Insights
Based on property information with market context.
This duplex includes the residences at 1036 and 1038 Enfilar Lane, offered together as one property. Built in 1987, each single-story unit contains two bedrooms, two full bathrooms, a living area with vaulted ceilings, and a wood-burning fireplace. Private entrances, covered parking, and fenced backyards add practical separation and outdoor space for each residence.
The property is in South Arlington with access to I20 and Highway 287. Shopping, dining, Arlington Lake, entertainment, and employment destinations are described as being minutes away. The duplex is also within Mansfield ISD. Its two-residence configuration supports either full rental use or an owner-occupied arrangement with the second unit available for rent, as supported by the property information.
The property is in South Arlington with access to I20 and Highway 287. Shopping, dining, Arlington Lake, entertainment, and employment destinations are described as being minutes away. The duplex is also within Mansfield ISD. Its two-residence configuration supports either full rental use or an owner-occupied arrangement with the second unit available for rent, as supported by the property information.
Key Highlights
- Two‑unit duplex comprising 1036 and 1038 Enfilar Lane
- Each unit has 2 bedrooms and 2 full bathrooms
- Single‑story floor plans with vaulted ceilings and wood‑burning fireplaces
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$21,166
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.80%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$423,320
$423.3K
Cap Rate 7%
$302,371
$302.4K
Cap Rate 9%
$235,178
$235.2K
Market Conditions
NOI Build-Up for 2,154 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$32.8K $15.24/SF
− Vacancy
−$2.6K −$1.20/SF
EGI
$30.2K $14.04/SF
− OpEx
−$9.1K −$4.21/SF
NOI
$21.2K $9.83/SF
Area
ZIP 76017
Vacancy
7.89%
Lease Rate
$15.24 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$423,320
Cap Rate 7%
$302,371
Cap Rate 9%
$235,178
Alternative Uses
Best Use
Multifamily LT 5
$302.4K
$264.6K – $352.8K
NOI $21,166 @ 7.0% cap · market cap 5.80%
Second Best
Apartment 5plus
$271.9K
$237.9K – $317.2K
NOI $19,033 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$590.8K
$517.0K – $689.3K
NOI $41,357 @ 7.0% cap · market cap 11.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
561
Businesses Nearby
Explore this area
Business Placement
Demographics for 76017, TX
45,745
Population
17,211
Households
2.7
Avg Household Size
39
Median Age
34%
College-Educated
92%
High-School Grad
10.2 sq mi
ZIP Area
4,485
Density / Sq Mi
$88,442
Median Household Income
$46,356
Median Earnings
$1,533
Median Rent
$286,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Single-story residences provide private entrances, fenced backyards, and functional layouts for owner occupancy or rental use.
Where is this duplex located?
The property is located at 1036 Enfilar Ln Arlington, TX.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Two‑unit duplex comprising 1036 and 1038 Enfilar Lane; Each unit has 2 bedrooms and 2 full bathrooms; Single‑story floor plans with vaulted ceilings and wood‑burning fireplaces
