Updated Duplex with Fenced
For Sale
$299,900
518 Jordan Ln, Arlington, TX 76012
Fully occupied duplex with renovated interiors, private outdoor areas, and tenant-paid utilities.
Property Size1,760 SF
Price / SF$170.40
Days on Market91
Property Features for 518 Jordan Ln
General Information
Standard status
Active
Size
1,760 SF
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Multifamily Units
2
Building Details
Year Built
1983
Listing Agency:
Property Rights Advocacy Group
Listed By:
Jenna Harris · License #0629804
(817) 476-0094
Source:
Allcitiesusa
Added: Jul 16
Changed: Oct 7
Last Checked: Oct 7 at 4:08PM
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 Property Rights Advocacy Group
Investment Insights
Based on property information with market context.
Built in 1983, this 1,760-square-foot duplex contains two updated units with open-concept living, dining, and kitchen areas. Improvements include laminate flooring, fresh paint, and updated fixtures. Each residence offers sizable bedrooms and a large bathroom with a tub-shower combination. Both units are occupied, and each tenant is responsible for utilities.
The property is located at 518 Jordan Ln in Arlington, approximately 10 minutes from UTA Campus and central Arlington’s entertainment center. Access to main thoroughfares supports commuting throughout the area. Both residences include privately fenced backyards, while Unit B also has a large outdoor storage unit.
The property is located at 518 Jordan Ln in Arlington, approximately 10 minutes from UTA Campus and central Arlington’s entertainment center. Access to main thoroughfares supports commuting throughout the area. Both residences include privately fenced backyards, while Unit B also has a large outdoor storage unit.
Key Highlights
- Two‑unit duplex totaling 1,760 SF
- Built in 1983 with updated interiors
- Both units occupied; tenants pay all utilities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,294
Cap Rate
5.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$345,880
$345.9K
Cap Rate 7%
$247,057
$247.1K
Cap Rate 9%
$192,156
$192.2K
Market Conditions
NOI Build-Up for 1,760 SF
Gross rent
$26.8K $15.24/SF
− Vacancy
−$2.1K −$1.20/SF
EGI
$24.7K $14.04/SF
− OpEx
−$7.4K −$4.21/SF
NOI
$17.3K $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%
$345,880
Cap Rate 7%
$247,057
Cap Rate 9%
$192,156
Alternative Uses
Best Use
Multifamily LT 5
$247.1K
$216.2K – $288.2K
NOI $17,294 @ 7.0% cap · market cap 5.77%
Second Best
Apartment 5plus
$194.8K
$170.4K – $227.2K
NOI $13,634 @ 7.0% cap · market cap 4.55%
Theoretical Best
Office A
$518.9K
$454.1K – $605.4K
NOI $36,326 @ 7.0% cap · market cap 12.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
761
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Fully occupied duplex with renovated interiors, private outdoor areas, and tenant-paid utilities.
Where is this duplex located?
The property is located at 518 Jordan Ln Arlington, TX.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Two‑unit duplex totaling 1,760 SF; Built in 1983 with updated interiors; Both units occupied; tenants pay all utilities
