Arlington, TX 76012 617 Lost Springs Court
$525,000



16 more
















Presented By: Gina Floyd with Hogan Park Realtors; 817-460-6011
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Home Details
CALLING ALL INVESTORS. WHETHER YOU ARE JUST STARTING OUT AND LOOKING FOR YOUR FIRST PROPERTY, OR YOU ARE A SEASONED INVESTOR LOOKING TO ADD TO YOUR PORTFOLIO, THIS TRIPLEX PROPERTY IS A MUST SEE. All three units rented. Unit A leased for $1475 per month and lease expres May, 2026. Unit B leases for $1450 per month and lease expires May, 2026. UNIT C is on a month to month lease for $1350 per month. Longer term tenants. Water and Electricity ae individually metered. NEW ROOF IN 2025. NEW GUTTERS IN 2025. NEW CARPORT COVER IN 2025. FENCE was replaced in 2023. New EXTERIOR Paint in 2020. PATIO Sliding Doors for Unit A & C were replaced in 2023. The First Floor of each unit has Living, Dining, Kitchen, Bedroom, Bathroom and Laundry closet. The Living Room also features a Wood Burning fireplace and small wet bar. The Second floor features 2nd bedroom and full bath. This split bedroom arrangement provides added privacy and is a great setup for room mates or young family. Vinyl Plank Floor in living area. Carpet in Bedrooms. Tile in Wet areas. Living area open to dining. Sliding patio door from dining area to small fenced back yard with open patio. Covered 2 car Covered Carport parking for each unit. THE PICTURES ARE REPRESENTATIVE OF EACH UNIT AND WERE TAKEN PRIOR TO LEASING LAST UNIT. ** NOTE... TENANT OCCUPIED. PLEASE DO NOT DISTURB TENANTS. Viewing of Units permitted during Option Period.
Presented By: Gina Floyd with Hogan Park Realtors; 817-460-6011
Interior Features for 617 Lost Springs Court
Bedrooms
Total Bedrooms6
Bathrooms
Half Baths0
Total Baths6
Other Interior Features
Basement Y/NNo
Fireplace FeaturesWood Burning
Fireplaces Total1
FlooringCarpet, Ceramic Tile
Interior FeaturesCable TV Available, High Speed Internet Available
Lock Box TypeNone
Occupancy Rate100
Total Units3
Unit Count3
Window FeaturesWindow Coverings
General for 617 Lost Springs Court
# of Buildings1
AppliancesDishwasher, Disposal, Electric Range, Microwave, Vented Exhaust Fan
Capitalization Rate7.85
Carport Spaces2
CityArlington
Complex NameLost Springs Triplex
Construction MaterialsBrick, Siding
CoolingCeiling Fan(s), Central Air, Electric
CountyTarrant
DirectionsFrom Division, go North on Lillard, West on Wesley, and Right on Lost Springs. Property at end of cul-de-sac
Elementary SchoolPope
Elementary School NamePope
Full Baths6
Green Energy EfficientAppliances
Gross Annual Expenses1800.00
HOA TypeNone
HeatingCentral, Electric
High SchoolLamar
Insurance Expense7200
Junior High SchoolShackelfor
LevelsTwo
Listing Terms1031 Exchange, Cash, Conventional
Number of Garage Spaces0
Occupant TypeTenant
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeTriplex
Property TypeResidential Income
RoofComposition
School DistrictArlington ISD
Security FeaturesSmoke Detector(s)
Standard StatusActive
StatusActive
Subdivision NameChestnut Spgs
TenancyMonth to Month, Over 9 Months
UtilitiesCity Sewer, City Water, Curbs, Individual Water Meter
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1983
Year Built DetailsPreowned
Exterior for 617 Lost Springs Court
Building Area Total3135.00
Covered Spaces2
Exterior FeaturesPrivate Yard
FencingFenced, Wood
Foundation Slab
Garage Y/NNo
Lot FeaturesCul-De-Sac, Few Trees, Subdivision
Lot Size Acres0.0000
Lot Size Area0.0000
Lot Size Square Feet0.0000
Lot Size UnitsAcres
Number Of Parking Spaces6
Parking FeaturesCarport, Covered, Garage Faces Rear
Patio And Porch FeaturesPatio
WaterfrontNo
Additional Details
Price History
Schools
Middle School
N/A
Elementary School
Pope Elementary School
Suzanne Smith
Broker/Owner
