Updated Fourplex with Fenced
For Sale
$840,000
2149 Fleur De Lis Court #A, Arlington, TX 76012
Brick multifamily property with four residences, individual fenced backyards, and no HOA.
Property Size4,716 SF
Price / SF$178.12
Days on Market50
Property Features for 2149 Fleur De Lis Court #A
General Information
Standard status
Active
Size
4,716 SF
Total Parking Spaces
9
Property subtype
Quadruplex
Units
Unit Mix
4 x 2BR
Multifamily Units
4
Additional Details
Highway Access
Yes
Amenities
fenced backyards
Building Details
Year Built
1979
Buildings
1
Construction
brick
Listing Agency:
Lonestar Luxury Realty
Listed By:
Rene Jensen · License #0720823
(214) 532-6823
Source:
Lonestarluxuryrealty
Added: Sep 4
Changed: Oct 8
Last Checked: Oct 20 at 10:06PM
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 Lonestar Luxury Realty
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Investment Insights
Based on property information with market context.
This brick quadplex contains 4,716 square feet and was built in 1979. The property includes four 2-bedroom units, identified as Units A–D, with private fenced backyards and 9 dedicated off-street parking spaces. Recent work includes replacement of the HVAC system in 2024, a roof replacement 3 years ago, selected flooring improvements in Unit A, a bathroom floor upgrade in Unit D, and replacement of the exterior fence.
Located at 2149 Fleur De Lis Court in Arlington, the property is less than 10 minutes from AT&T Stadium and a few minutes from I30. The surrounding area includes entertainment, dining, shopping, and commuter routes. The full fourplex is included in the sale, and the property has no HOA.
Located at 2149 Fleur De Lis Court in Arlington, the property is less than 10 minutes from AT&T Stadium and a few minutes from I30. The surrounding area includes entertainment, dining, shopping, and commuter routes. The full fourplex is included in the sale, and the property has no HOA.
Key Highlights
- Four 2‑bedroom units comprising the full fourplex, Units A–D
- 4,716‑square‑foot brick property built in 1979
- 9 dedicated off‑street parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,341
Cap Rate
5.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$926,820
$926.8K
Cap Rate 7%
$662,014
$662.0K
Cap Rate 9%
$514,900
$514.9K
Market Conditions
NOI Build-Up for 4,716 SF
Gross rent
$71.9K $15.24/SF
− Vacancy
−$5.7K −$1.20/SF
EGI
$66.2K $14.04/SF
− OpEx
−$19.9K −$4.21/SF
NOI
$46.3K $9.83/SF
Area
Arlington, TX
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 Rate 5%
$926,820
Cap Rate 7%
$662,014
Cap Rate 9%
$514,900
Alternative Uses
Best Use
Multifamily LT 5
$662.0K
$579.3K – $772.4K
NOI $46,341 @ 7.0% cap · market cap 5.52%
Second Best
Apartment 5plus
$521.9K
$456.7K – $608.9K
NOI $36,534 @ 7.0% cap · market cap 4.35%
Theoretical Best
Office A
$1.39M
$1.22M – $1.62M
NOI $97,338 @ 7.0% cap · market cap 11.59%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
287
Businesses Nearby
Explore this area
Business Placement
Demographics for 76012, TX
27,080
Population
11,538
Households
2.3
Avg Household Size
40
Median Age
43%
College-Educated
90%
High-School Grad
8.2 sq mi
ZIP Area
3,302
Density / Sq Mi
$84,468
Median Household Income
$44,933
Median Earnings
$1,307
Median Rent
$292,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Brick multifamily property with four residences, individual fenced backyards, and no HOA.
Where is this quadplex located?
The property is located at 2149 Fleur De Lis Court #A Arlington, TX.
What is the asking price?
The asking price for this property is $840,000.
What are key features of this property?
This property features: Four 2‑bedroom units comprising the full fourplex, Units A–D; 4,716‑square‑foot brick property built in 1979; 9 dedicated off‑street parking spaces
