Arlington, TX 76014 2322 Summer Place Drive
$420,000



20 more




















Presented By: JPAR Dallas
Home Details
Excellent Investment Opportunity – Entire Duplex for Sale 2320 & 2322 Summer Place Dr, Arlington, TX 76014
Excellent opportunity to own an income-producing duplex in Arlington with both units included in the sale. The property offers approximately 2,268 sq. ft. of total living space and provides a unique advantage: each unit has its own separate deed, tax record, electric meter, and water meter, giving the future owner exceptional flexibility.
Both units feature similar floor plans with 2 bedrooms, 2 full bathrooms, spacious living areas with fireplaces, and covered parking for 2 vehicles per unit. Each residence also includes its own private, fully fenced backyard, providing comfortable and secluded outdoor space.
Unit 2322 received a new AC condenser and coil in April 2026. The property has no HOA.
Both units are currently leased and generate a combined $3,250 per month ($39,000 annually) in rental income, with tenants responsible for all utilities. Long-term tenants—approximately 5 years and 2 years—provide established rental history and immediate cash flow from day one.
This property offers multiple investment strategies: continue renting both units, occupy one and rent the other, or potentially keep one unit and sell the other in the future due to the separate deeds and tax records.
Convenient Arlington location with access to shopping, dining, major roadways, and area attractions.
Please do not disturb tenants. Showings by appointment only. Interior photos were taken prior to the current tenants' occupancy.
Presented By: JPAR Dallas
Interior Features for 2322 Summer Place Drive
Bedrooms
Total Bedrooms4
Bathrooms
Total Baths2
Other Interior Features
Unit Count2
Lock Box TypeSupra
FlooringOther, Vinyl
Interior FeaturesOpen Floorplan, Other
Total Units2
General for 2322 Summer Place Drive
# of Buildings2
AppliancesElectric Oven, Electric Range
Capitalization Rate8.10
CityArlington
Complex NameSummer Place Twnhms
Construction MaterialsBrick, Concrete
CoolingCentral Air
CountyTarrant
DirectionsAT&T Stadium ? head south toward E Arkansas Ln ? go east on E Arkansas Ln ? turn right south on Sherry St ? turn left east onto Summer Place Dr ? 2320 & 2322 Summer Place Dr.
Elementary SchoolGoodman
Elementary School NameGoodman
Full Baths2
Gross Annual Expenses2000.00
HOA TypeNone
HeatingCentral
High SchoolArlington
Insurance Expense3000
Junior High SchoolFerguson
LevelsTwo
Listing TermsCash, Conventional, FHA, VA Loan
Pool Y/NNo
Possession30-60 Days, 60-90 Days, Closing/Funding
Property SubtypeDuplex
Property TypeResidential Income
RoofOther
School DistrictArlington ISD
Standard StatusActive
StatusActive
Subdivision NameSummer Place Twnhms Add
Unexempt Taxes4725
UtilitiesCity Sewer, City Water
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1984
Year Built DetailsPreowned
Exterior for 2322 Summer Place Drive
Building Area Total2268.00
Foundation Other
Lot Size Acres0.0680
Lot Size Area0.0680
Lot Size Square Feet2962.0800
Lot Size UnitsAcres
Number Of Parking Spaces4
Parking FeaturesCarport
WaterfrontNo
Additional Details
Price History
Schools
Middle School
N/A
Elementary School
Goodman Elementary School
Peter Truong
Realtor
SQFT • 2,268