514 East Norwood Circle

Arlington, TX 76013

$395,000
Price
6
Beds
4
Baths
2
1/2 Baths
2,604 Sq. Ft.
$152 / Sq. Ft.
2,604
Sq. Ft.
$152
per Sq. Ft.

Description

This listing includes the WHOLE duplex. 514 has been completely updated and is in excellent condition. 516 is tenant occupied with long term tenants for over 10 years and is leased at $1300. a month. 514 boasts quartz countertops new laminate flooring downstairs and in hallways with new carpet as of March 2024. Interior painted and lighting added for that modern look. Both 514 and 516 have been painted on the exterior. backyard has a new fence. This would be a great first time homeowner income producer...This listing includes the WHOLE duplex. 514 has been completely updated and is in excellent condition. 516 is tenant occupied with long term tenants for over 10 years and is leased at $1300. a month. 514 boasts quartz countertops new laminate flooring downstairs and in hallways with new carpet as of March 2024. Interior painted and lighting added for that modern look. Both 514 and 516 have been painted on the exterior. backyard has a new fence. This would be a great first time homeowner income producer while 516 is leased out. This would also be an excellent rental income property.
  1. Listed by Tambre SCHELLHAMMER • TREC #0519952 • RTM Realty • 817-313-6382

Property Details for 514 East Norwood Circle

Subdivision Name
Norwood Square
Pool
No
Garage Spaces
0
Number Of Parking Spaces
4

Location

Listing Courtesy of RTM Realty, Tambre SCHELLHAMMER
Add your commute
LISTING UPDATED: 04/23/2024 08:31 AM

Property Details for 514 East Norwood Circle

StatusActive
MLS #20583482
Days on Market21
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Full Duplex
Year Built1979
Lot Size0.14 AC / 6,011 SF
CountyTarrant County

Location

Listing Courtesy of RTM Realty, Tambre SCHELLHAMMER
Add your commute

Building Information for 514 East Norwood Circle

Stories2Residences2Year Built1979Building Size-Lot Size0.14 AC / 6,011 SF

Payment Calculator

$2,703 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,156

Property Taxes

$547

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 514 East Norwood Circle

Summary
Location and General Information
  • Block: 2
  • Complex Name: Norwood Square
  • Directions: From Bowen Road go East on Abrams to E Norwood Circle . Go right and home is on right.
  • Elementary School: Duff
  • Elementary School Name: Duff
  • High School: Arlington
  • High School Name: Arlington
  • Junior High School: Bailey
  • Senior Community Yes/No: No
  • Year Built Details: Preowned
  • School District: Arlington ISD
  • Geocode Confidence: High
  • Latitude: 32.73
  • Longitude: -97.15
  • State: Texas
Parking
  • Parking Features: Attached Carport
  • Carport Spaces: 4
  • Attached Garage: No
  • Parking Spaces Covered Total: 4
  • Garage: No
Taxes and HOA Information
  • Tax Legal Description: NORWOOD SQUARE BLOCK 2 LOT 6
  • Association Type: None
  • Special Taxing Entities: No
  • Tax Lot: 6
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplace Features: Living Room, Masonry, Wood Burning
  • Fireplaces Total: 1
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Heating: Central
  • Interior Features: Cable TV Available, Granite Counters, Walk-In Closet(s)
  • Appliances: Disposal, Electric Range, Electric Water Heater, Vented Exhaust Fan
  • Cooling: Ceiling Fan(s), Central Air
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Assessor
  • Construction Materials: Brick, Siding
  • Foundation Details: Slab
  • Number Of Stories: 2
  • Roof: Composition
  • Number Of Units Total: 2
  • Levels: Two
Property
Utilities
  • Utilities: Asphalt, Cable Available, City Sewer, City Water, Electricity Connected, Individual Water Meter
Property and Assessments
  • Financing Proposed: Cash, Conventional, FHA
  • Handicap: No
  • Loan Type: Treat As Clear
  • Security Features: Smoke Detector(s)
  • Property Match: APN
Lot Information
  • Lot Size Acres: 0.138
  • Lot Size Area: 0.138
  • Lot Size Units: Acres
  • Lot Size Square Feet: 6011.28
  • Multi Parcel ID: Yes
  • Parcel Number: 01973991
Multi Family
Multi-Family Information
  • Number Of Buildings: 1
  • Capitalization Rate: 2.43%
  • Gross Annual Expenses: $6,000
  • Gross Annual Income: $15,600
  • Insurance Expense: $1,400
  • Total Annual Expenses Include: Insurance, Maintenance, Maintenance Grounds
  • Net Operation Income: $9,600.00
Unit 1
  • Approximate SQFT: 1302.0
  • Average Lease Amount: $1,300.00
  • Dining Area Length: 11.0
  • Dining Area Width: 11.0
  • Kitchen Length: 10.0
  • Kitchen Width: 11.0
  • Living Area Length: 16.0
  • Living Area Width: 13.0
  • Master Bed Length: 16.0
  • Master Bed Width: 12.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 1
  • Unit Type Type: 3 Bedroom
  • Unit Type Units Total: 2

Property History for 514 East Norwood Circle

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 514 East Norwood Circle

Taxable ValueLand$12,000Additions$285,274Total$297,274
Tax Record2023$6,560 ($547 / month)
Home Facts
Total Finished SqFt2,604 SqFtAbove Grade Finished SqFt2,604 SqFtStories2Lot Size6,003 SqFtStyleDuplexYear Built1979CountyTARRANTAPN30330-2-6

Schools near 514 East Norwood Circle

This home is within Arlington Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
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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514 East Norwood Circle is a multi-family home for sale in Arlington, TX 76013. This property was listed for sale on April 9, 2024 by RTM Realty, it's currently listed at $395,000. This listing's school district is Arlington Independent School District. Nearby schools include Swift Elementary School, Bailey J High School and Arlington High School. 514 East Norwood Circle is a 6-bed, 5-bath, 2,604 sqft multi-family home built in 1979.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RTM Realty, Tambre SCHELLHAMMER

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: 04/23/2024 08:31 AM