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13-Townhome Portfolio
New
For Sale
$2,999,999

800 Custer St, Arlington, TX 76014

Each residence has three bedrooms and two bathrooms, with one home currently vacant.

Property Size19,773 SF
Price / SF$151.72
Days on Market4

Property Features for 800 Custer St

General Information

Standard status Active
Size 19,773 SF
Property subtype Multi-Family

Units

Unit Mix 13 x 3BR/2BA
Multifamily Units 13

Building Details

Year Built 1985
Listing Agency: OmniKey Realty, LLC.
Listed By: Bernard Bell · License #0718117
Source: Brandeekelley
Added: Oct 4 Last Checked: Oct 7 at 12:55PM

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 OmniKey Realty, LLC.

Investment Insights

Based on property information with market context.

This Arlington offering combines 13 individually parceled townhomes in a single package; they are not available for separate purchase. Built in 1985, the homes total 19,773 square feet and follow a uniform layout of approximately 1,521 square feet, three bedrooms, and two bathrooms per residence. Twelve homes are occupied, with one vacant.

The properties are on Custer Street, with addresses spanning 800 through 826 Custer Street in Arlington, Texas.

Key Highlights

  • 13 individually parceled townhomes offered only as one package
  • 19,773 square feet across the portfolio
  • Approximately 1,521 square feet per home, with 3 bedrooms and 2 bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$214,430
Cap Rate
7.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,288,600 $4.3M
Cap Rate 7%
$3,063,286 $3.1M
Cap Rate 9%
$2,382,556 $2.4M
Market Conditions
NOI Build-Up for 19,773 SF
Gross rent
$436.6K $22.08/SF
− Vacancy
−$46.7K −$2.36/SF
EGI
$389.9K $19.72/SF
− OpEx
−$175.4K −$8.87/SF
NOI
$214.4K $10.84/SF
Area
ZIP 76014
Vacancy
10.70%
Lease Rate
$22.08 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,288,600
Cap Rate 7%
$3,063,286
Cap Rate 9%
$2,382,556

Alternative Uses

Best Use
Apartment 5plus
$3.06M
$2.68M – $3.57M (±1% cap)
NOI $214,430 @ 7.0% cap · market cap 7.15%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$5.24M
$4.59M – $6.11M (±1% cap)
NOI $366,874 @ 7.0% cap · market cap 12.23%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Parking Lot & Garage Building Supply Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

13
Residential units

Location Intelligence

Trade Area within ½ mile

255
Businesses Nearby

Demographics for 76014, TX

35,954
Population
11,274
Households
3.2
Avg Household Size
32
Median Age
18%
College-Educated
76%
High-School Grad
5.7 sq mi
ZIP Area
6,308
Density / Sq Mi
$63,196
Median Household Income
$34,129
Median Earnings
$1,516
Median Rent
$217,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Each residence has three bedrooms and two bathrooms, with one home currently vacant.
Where is this multifamily property located?
The property is located at 800 Custer St Arlington, TX.
What is the asking price?
The asking price for this property is $2,999,999.
What are key features of this property?
This property features: 13 individually parceled townhomes offered only as one package; 19,773 square feet across the portfolio; Approximately 1,521 square feet per home, with 3 bedrooms and 2 bathrooms
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