Sue Milam Reed, Broker Associate

1006 Thannisch Drive, Arlington, TX 76011

$1,495,000
  • 1006 Thannisch Drive, Arlington, TX 76011 Main Photo

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New to the Market Active
BEDS8 BATHS8 full MLS#21340384
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONAvondale Place Add SCHOOLArlington ISD

Property Description

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.

1006 Thannisch Drive | MLS# 21340384

This multi-family property located at 1006 Thannisch Drive, Arlington, TX 76011 is currently listed for sale with an asking price of $1,495,000. Thannisch Drive is located within the Arlington ISD school district. Search Arlington real estate on suemilamreed.kellyrealtors.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s), Central Air
Heating: Central
Lot Size: 0.47 Acres
Roof Type: Composition
Year Built: 1972

Amenities

Decorative Lighting
Eat-in Kitchen
Flat Screen Wiring
Granite Counters
High Speed Internet Available
Multiple Staircases
Walk-In Closet(s)
Balcony
Outdoor Grill

Feature Descriptions

Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Days on Site: 1
Exterior: Vinyl Siding, Wood
Fencing: Back Yard, Wood
Flooring: Laminate
Green Features: Thermostat, Windows
Lot: Few Trees, Lrg. Backyard Grass, Other
Lot Dimensions: 20,394
Parcel#: 04850033
Parking: Concrete
Parking Notes: Concrete
Security: Carbon Monoxide Detector(s), Fire Alarm
Units: 8
Utilities: City Sewer, City Water, Electricity Available, Electricity Connected, Individual Gas Meter, Individual Water Meter
Window: Window Coverings

Local Schools

Elementary School: Webb
School District: Arlington ISD

Listed By / Shown By

Listed By

Agency Name: Duncan Real Estate Co.
Agent Name: Victoria King

agent picture

Shown By

Agent Name: Sue Milam Reed, Broker Associate
Agent Phone: (254) 744-3364
Agency Title: Kelly, Realtors

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Estimated Payment

$ 3,763.26 per month $3,327.22 Principal & Interest $0.00 Property Tax (data not provided by mls) $436.04 Homeowner's Insurance

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