Duplex with Separate 3BR
1707 Tina Marie Road Unit A & B Arlington, TX 76012
For Sale
$359,999
Two-for-sale duplex units each offer three bedrooms and two bathrooms, with open living and backyard-facing dining areas.
Property Size2,094 SF
Price / SF$171.92
Days on Market119
Property Features for 1707 Tina Marie Road Unit A & B
General Information
- Standard status
- Active
- Size
- 2,094 SF
- Property subtype
- Multi-Family / Full Duplex
Building Details
- Year Built
- 2004
Listing Agency:
RE/MAX Premier
(469) 693-0974
Listed By:
Patty Allen · License #0550958
(469) 693-0974
Source:
Compass
Added: Mar 28
Changed: Jul 23
Last Checked: Jul 23 at 6:50PM
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 RE/MAX Premier
Investment Insights
Based on property information with market context.
This duplex offers two separate units, Unit A and Unit B, each configured with three bedrooms and two bathrooms. The living areas feature high ceilings and an open-concept layout, with the dining area overlooking the backyard. Each unit also includes a flexible bedroom setup, where one bedroom can function as a separate office space in addition to the other two bedrooms.
The property includes parking for two. An existing survey and seller’s disclosure notice are available in the documents.
Buyer and buyer’s representative are responsible for verifying important information.
The property includes parking for two. An existing survey and seller’s disclosure notice are available in the documents.
Buyer and buyer’s representative are responsible for verifying important information.
Key Highlights
- 2‑unit duplex built in 2004 with brick construction and slab foundation
- Each unit offers 3 bedrooms and 2 bathrooms, with flexible layout for using one bedroom as an office
- Open‑concept living area with high ceilings; dining area overlooks the backyard
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.9k | $15.24 |
| − Vacancy | −$2.5k | −$1.20 |
| EGI | $29.4k | $14.04 |
| − OpEx | −$8.8k | −$4.21 |
| NOI | $20.6k | $9.83 |
2,094 SF · lease $15.24/SF/yr · vacancy 7.89% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$293.9K
$257.2K – $342.9K
NOI $20,576 @ 7.0% cap · market cap 5.72%
Second Best
Apartment 5plus
$231.7K
$202.8K – $270.4K
NOI $16,222 @ 7.0% cap · market cap 4.51%
Theoretical Best
Office A
$617.4K
$540.3K – $720.3K
NOI $43,220 @ 7.0% cap · market cap 12.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-for-sale duplex units each offer three bedrooms and two bathrooms, with open living and backyard-facing dining areas.
Where is this duplex located?
The property is located at 1707 Tina Marie Road Unit A & B Arlington, TX.
What is the asking price?
The asking price for this property is $359,999.
What are key features of this property?
This property features: 2‑unit duplex built in 2004 with brick construction and slab foundation; Each unit offers 3 bedrooms and 2 bathrooms, with flexible layout for using one bedroom as an office; Open‑concept living area with high ceilings; dining area overlooks the backyard