Updated Duplex Investment
515 Gibbins Court Arlington, TX 76011
515 Gibbins Court, Arlington, TX, 76011
$359,900
Pending
For Sale
$359,900
Pending
MULTI_FAMILY - Arlington, TX
Lot Size0.14 Acres
Days on Market16
Property Features for 515 Gibbins Court
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 3, Bathroom 4
- Parking
- 4
- Parking features
- Assigned, Driveway
- Patio and Porch features
- Porch
- Interior features
- EatInKitchen
- Exterior features
- Storage
- Fireplace
- 1
- Appliances
- Dishwasher, ElectricRange, ElectricWaterHeater, Refrigerator
- Standard status
- Pending
- APN
- 04618319
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Description
- GEMINI NORTH ADDITION BLOCK 1 LOT 4
- Tax Annual Amount
- 5726
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Ceiling Fan(s), Electric
- Water source
- Public
Building Details
- Year built
- 1981
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Laminate
- Building materials
- Brick
- Roof type
- Composition
- Additional Structures
- Storage
Listing agency
RE/MAX Associates of Arlington
(817) 861-6565
Listed by
Steve Young · License #0410216
(817) 276-5170
Added: Jul 7 Updated: Jul 17 at 1:44PM Checked: Jul 22 at 3:06PM
MLS# 21154384
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex investment includes two separate units on a small residential lot, with recent updates to both sides. Backyards have fencing that has been replaced, helping improve day-to-day tenant usability. Unit 515 includes a nice-sized storage shed for additional on-site storage, while Unit 517 has a tenant-provided refrigerator per the lease terms.
The property is located on a cul-de-sac street in Arlington, positioned just south of I-30. Current leasing provides continuity of income, with Unit 517 leased through 10-31-2026 and Unit 515 leased through 1-31-2027. The leases should appeal to investors seeking a manageable timeline for future turnover and rent adjustments.
With both units recently refreshed, this property is well-suited for buyers looking for a turn-key residential income asset with defined lease expirations. The staggered end dates can help an operator plan for renovations and re-leasing when the time comes, and the owner financing option may broaden the pool of qualified buyers.
The property is located on a cul-de-sac street in Arlington, positioned just south of I-30. Current leasing provides continuity of income, with Unit 517 leased through 10-31-2026 and Unit 515 leased through 1-31-2027. The leases should appeal to investors seeking a manageable timeline for future turnover and rent adjustments.
With both units recently refreshed, this property is well-suited for buyers looking for a turn-key residential income asset with defined lease expirations. The staggered end dates can help an operator plan for renovations and re-leasing when the time comes, and the owner financing option may broaden the pool of qualified buyers.
Key Highlights
- Two‑unit property with leases in place: unit 517 through 10‑31‑2026 and unit 515 through 1‑31‑2027
- Both units recently updated, including replacement of fencing in backyards
- Unit 515 includes a storage shed
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Two recently updated units with staggered leases offer an owner-occupied or investor-friendly income profile.
Where is this duplex located?
The property is located at 515 Gibbins Court Arlington, TX.
What is the asking price?
The asking price for this property is $359,900.
What are key features of this property?
This property features: Two‑unit property with leases in place: unit 517 through 10‑31‑2026 and unit 515 through 1‑31‑2027; Both units recently updated, including replacement of fencing in backyards; Unit 515 includes a storage shed
