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Arlington Duplex Near UTA With STR Upside | $335k

107 Ray St, Arlington
ROI
14.64% IRR
Strategy
Short Term Rental
$3,190/month is already in place from two renovated 2-bedroom units renting for $1,595 each. The property is within walking distance of University of Texas at Arlington, where 42,000 students are enrolled, giving you a deep tenant pool. RM-12 zoning also makes the property eligible to apply for a short-term rental permit, so you can keep the current cash flow or push income through student housing or STR use. Perfect first investment or house hack. There is great upside as a STR being walking distance to the university and in the heart of the DFW metroplex, with security in positive cash flow as a long term rental. You can bundle the next door duplex at 109 Ray St available from the same seller.

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Arlington Duplex Near UTA With STR Upside | $335k

Listed 07/14/2026

107 Ray St, Arlington

Purchase Price:$335,000

Cash Outlay:$90,450

Cashflow:$219/mo

Cap Rate:6.62%

IRR:14.64%

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