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1707 Tina Marie Road Unit A & B, Arlington, TX, 76012
Duplex with Separate 3BR Units

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
Listed By: Patty Allen · License #0550958
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.

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 (±1% cap)
NOI $20,576 @ 7.0% cap · market cap 5.72%
Second Best
Apartment 5plus
$231.7K
$202.8K – $270.4K (±1% cap)
NOI $16,222 @ 7.0% cap · market cap 4.51%
Theoretical Best
Office A
$617.4K
$540.3K – $720.3K (±1% cap)
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

Suggested Use

Parking Lot & Garage Daycare Center Furniture & Home Goods Locksmith Bakery Florist Veterinary Clinic Travel Agency Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

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

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
More about this property
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