Arlington, TX 76011 601- 607 Greystoke Drive

Pending
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Presented By: Victor Steffen with eXp Realty LLC; 570-780-1838
  • MLS# 20888421
  • 04/01/2025
  • Request Tour
  • Request Info
  • Beds • 8
  • Baths • 8

Home Details

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.
Presented By: Victor Steffen with eXp Realty LLC; 570-780-1838

Interior Features for 601- 607 Greystoke Drive

Bedrooms

Total Bedrooms8

Bathrooms

Total Baths8

Other Interior Features

Unit Count1
Lock Box TypeCombo
FlooringVinyl
Interior FeaturesOther
Total Units4

General for 601- 607 Greystoke Drive

# of Buildings1
AppliancesElectric Range
Capitalization Rate6.32
CityArlington
Complex NameGreystoke Quadplex
Construction MaterialsFrame
CoolingCentral Air
CountyTarrant
Directions30 W from Dallas, exit N Collins St in Arlington, head south, then turn right on Greystoke Dr
Elementary SchoolSpeer
Elementary School NameSpeer
Exclusionstenant possessions
Full Baths8
Gross Annual Expenses10000.00
HOA TypeNone
HeatingCentral
High SchoolLamar
Insurance Expense3200
Junior High SchoolShackelford
LevelsTwo
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeQuadruplex
Property TypeResidential Income
RoofAsphalt
School DistrictArlington ISD
Standard StatusPending
StatusPending
Subdivision NameToliver Acres Add
Unexempt Taxes9355
UtilitiesCity Sewer
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1984
Year Built DetailsPreowned

Exterior for 601- 607 Greystoke Drive

Building Area Total3996.00
Foundation Slab
Lot Size Acres0.1480
Lot Size Area0.1480
Lot Size Square Feet6446.8800
Lot Size UnitsAcres
Number Of Parking Spaces6
Parking FeaturesOff Street

Additional Details

Price History

Schools

Elementary School Speer Elementary School
Middle School N/A

Laurel Seymour

Broker Associate
Price $665,000
MLS#20888421
List Date 04/01/2025
Property Type Pending
Phone 512.200.3427
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