$665,000

601- 607 Greystoke Drive, Arlington, TX 76011

  • 8 beds |
  • 8 baths |
  • 3,996 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1984
  • Property Lot Size Icon6,447sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $166/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Rare Opportunity in Arlington’s Entertainment District – Airbnb Eligible Quadplex! Unlock incredible cash flow potential with this fully renovated quadplex located in the heart of Arlington’s Entertainment District—just half a mile from AT&T Stadium, 1 mile from Globe Life Field, 3 miles from UTA, and 3.5 miles from Six Flags. Zoned within the Entertainment District, this property is Airbnb eligible, making it an ideal choice for short-term and mid-term rental strategies. Each of the four units offers 2 bedrooms and 1.5 bathrooms, perfectly suited for long-term tenants, travel nurses, corporate guests, or game-day visitors. Three of the four units are currently vacant and move-in ready, giving a savvy STR operator the chance to furnish and launch rentals immediately. One unit is already occupied at $1,500 per month. Rental comps for long-term leases range from $1,200–$1,500 per month, while mid-term and short-term rental potential reaches up to $2,000 per month per unit, driven by strong demand and year-round events. Whether you're looking for a turnkey investment or a value-add opportunity, this quadplex is a rare find in one of the most high-traffic, high-demand pockets of DFW. Live in one and rent the rest, or fully lease it out for serious cash flow.

Listing Status:
Pending
Listing Office:
eXp Realty LLC : 888-519-7431
Listing Agent:
Victor Steffen :
MLS ID:
20888421

This listing courtesy of Victor Steffen, eXp Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Speer Elementary School

811 Fuller St, Arlington, TX, 76012

Grades EE-6

0.91 miles away

C

Carter Junior High School

701 Tharp St, Arlington, TX, 76010

Grades 7-8

1.40 miles away

L

Lamar High School

1400 W Lamar Blvd, Arlington, TX, 76012

Grades 9-12

1.97 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.