Brick Duplex with Private
New
For Sale
$499,090
2808 S Fielder Road, Arlington, TX 76015
Each residence has a fenced patio, covered carport, and its own barn-style storage building.
Property Size2,994 SF
Days on Market6
Property Features for 2808 S Fielder Road
General Information
Standard status
Active
Size
2,994 SF
Property subtype
Duplex
Units
Unit Mix
2 x 3BR/2.5BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$7,947
Amenities
fresh paint
wood-look floors
fireplace
stainless appliances
full laundry room
primary suite with walk-in closet
fenced patio
covered carport
private barn-style storage building
Building Details
Building Size
2,994 SF
Year Built
1978
Buildings
1
Stories
2
Construction
brick
Listing Agency:
FloraVista Realty, LLC
Listed By:
Lucy Knox · License #0552969
(682) 227-9985
Source:
Nilesrealtygroup
Added: Oct 2
Changed: Oct 6
Last Checked: Oct 6 at 12:19AM
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 FloraVista Realty, LLC
Investment Insights
Based on property information with market context.
This 1978 brick duplex in Arlington contains two side-by-side, two-story residences. Each unit measures 1,497 square feet and has three bedrooms, 2.5 bathrooms, a fireplace, a full laundry room, and a primary suite with a walk-in closet. Both sides have fresh paint, wood-look flooring upstairs, and stainless steel appliances; cabinet and counter finishes differ between the units. A new roof serves the property, and neither HOA nor PID or MUD charges apply.
Each residence also has a fenced patio, covered carport, and private barn-style storage building. The property is near Short Elementary, Gunn Junior High, The Parks Mall, and the Arlington Entertainment District, with access to I-20.
Each residence also has a fenced patio, covered carport, and private barn-style storage building. The property is near Short Elementary, Gunn Junior High, The Parks Mall, and the Arlington Entertainment District, with access to I-20.
Key Highlights
- Two side‑by‑side units, each with 3 bedrooms, 2.5 bathrooms, and 1,497 square feet
- Two‑story brick construction; year built 1978
- New roof; no HOA, PID, or MUD
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,420
Cap Rate
5.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$588,400
$588.4K
Cap Rate 7%
$420,286
$420.3K
Cap Rate 9%
$326,889
$326.9K
Market Conditions
NOI Build-Up for 2,994 SF
Gross rent
$45.6K $15.24/SF
− Vacancy
−$3.6K −$1.20/SF
EGI
$42.0K $14.04/SF
− OpEx
−$12.6K −$4.21/SF
NOI
$29.4K $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%
$588,400
Cap Rate 7%
$420,286
Cap Rate 9%
$326,889
Alternative Uses
Best Use
Multifamily LT 5
$420.3K
$367.8K – $490.3K
NOI $29,420 @ 7.0% cap · market cap 5.89%
Second Best
Apartment 5plus
$331.3K
$289.9K – $386.6K
NOI $23,194 @ 7.0% cap · market cap 4.65%
Theoretical Best
Office A
$882.8K
$772.5K – $1.03M
NOI $61,796 @ 7.0% cap · market cap 12.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,172
Businesses Nearby
Explore this area
Business Placement
Demographics for 76015, TX
17,185
Population
7,027
Households
2.4
Avg Household Size
36
Median Age
27%
College-Educated
90%
High-School Grad
4.3 sq mi
ZIP Area
3,997
Density / Sq Mi
$70,912
Median Household Income
$37,835
Median Earnings
$1,608
Median Rent
$236,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence has a fenced patio, covered carport, and its own barn-style storage building.
Where is this duplex located?
The property is located at 2808 S Fielder Road Arlington, TX.
What is the asking price?
The asking price for this property is $499,090.
What are key features of this property?
This property features: Two side‑by‑side units, each with 3 bedrooms, 2.5 bathrooms, and 1,497 square feet; Two‑story brick construction; year built 1978; New roof; no HOA, PID, or MUD
