308 College Street

Arlington, TX 76010

$850,000
Price
8
Beds
4
Baths
3,648 Sq. Ft.
$233 / Sq. Ft.
3,648
Sq. Ft.
$233
per Sq. Ft.

Description

Exciting Investment Opportunity! Situated conveniently across from UTA and downtown Arlington, this property boasts a distinctive feature: a fully renovated second-story concrete patio with stunning views of the campus. With recent upgrades including a newer roof and HVAC systems, this property has been meticulously maintained. Each unit consists of 2 bedrooms and 1 bathroom, currently renting for $1,250 for 2 units, $1,150 for 1 unit and $1,350 for 1 unit. There's potential to increase rental income...Exciting Investment Opportunity! Situated conveniently across from UTA and downtown Arlington, this property boasts a distinctive feature: a fully renovated second-story concrete patio with stunning views of the campus. With recent upgrades including a newer roof and HVAC systems, this property has been meticulously maintained. Each unit consists of 2 bedrooms and 1 bathroom, currently renting for $1,250 for 2 units, $1,150 for 1 unit and $1,350 for 1 unit. There's potential to increase rental income with strategic rent adjustments. Don't miss out on this promising investment opportunity!
  1. Listed by Cindy Zhuo • TREC #0691841 • Sunet Group • 972-664-0500

Property Details for 308 College Street

Subdivision Name
Lampe George Add
Pool
No
Number Of Parking Spaces
4
LISTING UPDATED: 06/18/2024 08:52 AM

Property Details for 308 College Street

StatusActive
MLS #20551544
Days on Market301
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fourplex
Year Built1963
Lot Size0.18 AC / 7,884 SF
CountyTarrant County

Building Information for 308 College Street

Stories2Residences4Year Built1963Building Size-Lot Size0.18 AC / 7,884 SF

Property Information for 308 College Street

Summary
Location and General Information
  • Complex Name: n/a
  • Directions: google map
  • Elementary School: Swift
  • Elementary School Name: Swift
  • High School: Arlington
  • High School Name: Arlington
  • Junior High School: Bailey
  • Year Built Details: Preowned
  • School District: Arlington ISD
  • Geocode Confidence: High
  • Latitude: 32.73
  • Longitude: -97.11
  • State: Texas
Parking
  • Parking Features: Assigned, Attached Carport
Taxes and HOA Information
  • Tax Legal Description: LAMPE, GEORGE ADDITION LOT 11 W60' LOT 11 W60
  • Association Type: None
  • Tax Lot: 11
Virtual Tour
Interior and Exterior Features
Interior Features
  • Flooring: Other
  • Heating: Central
  • Interior Features: Other
  • Appliances: Disposal
  • Cooling: Central Air
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Assessor
  • Construction Materials: Brick
  • Foundation Details: Slab
  • Number Of Stories: 2
  • Roof: Composition
  • Number Of Units Total: 4
  • Levels: Two
Property
Utilities
  • Utilities: City Sewer, City Water
Property and Assessments
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Lot Size Acres: 0.181
  • Lot Size Area: 0.181
  • Lot Size Units: Acres
  • Lot Size Square Feet: 7884.36
  • Multi Parcel ID: No
  • Parcel Number: 01581767
Multi Family
Multi-Family Information
  • Number Of Buildings: 1
  • Capitalization Rate: 4.47%
  • Gross Annual Expenses: $15,000
  • Gross Annual Income: $58,800
  • Insurance Expense: $3,647
  • Net Operation Income: $38,000.00
Unit 1
  • Living Area Length: 0.0
  • Unit Type Type: 2 Bedroom
Unit 2
  • Living Area Length: 0.0
  • Unit Type Type: 2 Bedroom
Unit 3
  • Living Area Length: 0.0
  • Unit Type Type: 2 Bedroom
Unit 4
  • Living Area Length: 0.0
  • Unit Type Type: 2 Bedroom

Property History for 308 College Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 308 College Street

Taxable ValueLand$31,500Additions$441,522Total$473,022
Tax Record2023$11,194 ($933 / month)
Home Facts
Total Finished SqFt3,648 SqFtAbove Grade Finished SqFt3,648 SqFtStories2Lot Size7,871 SqFtStyleTriplexYear Built1963Year Renovated1975CountyTARRANTAPN23490--11-30

Schools near 308 College Street

This home is within Arlington Independent School District.
Rating
School
Type
Grades
Distance
Swift Elementary School
Public - PK to 6
Bailey J High School
Public - 7 to 8
Arlington High School
Public - 9 to 12
Wimbish World Language Academy
Public - PK to 6
Rating
School
Distance
Swift Elementary School
PublicPK to 6

Bailey J High School
Public7 to 8

Arlington High School
Public9 to 12

Wimbish World Language Academy
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 308 College Street, Arlington, TX 76010

308 College Street is a multi-family home for sale in Arlington, TX 76010. This property was listed for sale on March 4, 2024 by Sunet Group, it's currently listed at $850,000. This listing's school district is Arlington Independent School District. Nearby schools include Swift Elementary School, Bailey J High School and Arlington High School. 308 College Street is a 8-bed, 4-bath, 3,648 sqft multi-family home built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sunet Group, Cindy Zhuo

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2024 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 06/18/2024 08:52 AM