Incredible location! Just 0.6 miles from AT&T Stadium and literally across the street from a paid Cowboys parking lot, this rare opportunity offers a fully furnished, turnkey 8-unit short-term rental property in Arlington's highly sought-after Entertainment District. This well-maintained investment combines a proven operating history with opportunities for future growth and optimization.
The property places guests within walking distance of AT&T Stadium, Globe Life Field, Choctaw Stadium, Texas Live!, and the National Medal of Honor Museum, with Six Flags Over Texas, dining, shopping, and entertainment just minutes away. The area's year-round sporting events, concerts, conventions, and attractions help drive consistent visitor demand.
Significant recent improvements include brand-new siding and replacement windows, reducing future maintenance while enhancing curb appeal. The property features eight 1-bedroom, 1-bath units with mirrored floor plans and a variety of quality finish selections, including different granite countertops, tile, and bedding configurations. Several units have already been upgraded with in-unit laundry, with an additional unit already plumbed for installation. Completing laundry in the remaining units offers an opportunity to further enhance the guest experience and increase rental potential.
The property offers 26 on-site parking spaces, with room for potential expansion, providing further opportunity for income subject to applicable city permitting and regulations.
Whether you're looking to expand your investment portfolio or acquire a unique income-producing asset in one of North Texas' premier entertainment destinations, this exceptional property offers a rare combination of location, current legal short-term rental eligibility, recent capital improvements, proven guest appeal, and future upside potential.
Property Details
- Interior
- Decorative Designer Lighting Fixtures, Eat In Kitchen, Granite Counters, High Speed Internet, Multiple Staircases, Walk In Close
- Cooling
- 1
- Heating
- Central
- Cooling Features
- Central Air, Ceiling Fans
- Bedrooms
- 8
- Bathrooms
- 8.0
- Full Baths
- 8
- Lot Features
- Back Yard, Lawn, Other, Few Trees
- Lot Description
- Back Yard, Lawn, Other, Few Trees
- Exterior Features
- Balcony, Outdoor Grill
- Exterior Materials
- Balcony, Outdoor Grill
- Acres
- 0.0
- Lot Size (sqft)
- 0.468
- Parking Features
- Concrete
- Parking Spaces
- 26.0
- Parking Garage Spaces
- 0.0
- Parking Carport Spaces
- 0.0
- Property Type
- Multi-Family
- Year Built
- 1972
- Foundation
- Slab
- Roof
- Composition
- Sewer Information
- Public Sewer
- Utility Source
- Public
- Utility Features
- Electricity Available, Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available
- Appliances
- Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Wa
- Subdivision
- Avondale Place Add
- School District
- Arlington ISD
- Elementary School
- Webb
- Middle School
- Nichols
- High School
- Lamar
- County
- Tarrant
- Region
- Arlington
- Days on Market (Cumulative)
- 7
- Taxes Annual
- $21,955
Location
Legal
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Provided By
Listed by Victoria King (#0799611)
Listing Office: Duncan Real Estate Co. (#DNEE01)
