Arlington Development Opportunity — Sale in Arlington, TX

  • Price: $597K
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Arlington, TX 76017

Description

Smooth, level lot ready for development with small amount of floodplain in the rear of the property. Located short distance from W. Sublett and S Cooper Commercial Corridor. Excellent opportunity for residential, Commercial, PD or SUP opportunities. Smooth, level lot ready for development with small creek in the rear of the property. Located short distance from W. Sublett and S Cooper Commercial Corridor. Excellent opportunity for residential, Commercial, PD or SUP opportunities. Land Size: 4.57 Ac | Listing Type: FOR SALE

Market Context

This multifamily in Arlington, TX is listed for sale at $597,000. It has been on the market for 71 days. Compare it against other multifamily listings for sale in Arlington, TX — view the full market.

As of Q1 2026, the Dallas / Fort Worth multifamily market showed average asking rents near $2832.00/unit/mo, rents up 0.8% year over year, and cap rates around 5.7%. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Multifamily market FAQ

What is the typical cap rate for multifamily in Dallas / Fort Worth?
About 5.7% as of Q1 2026, per multiple brokerage reports.

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