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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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509 Circle Dr , Arlington, TX 76010
$320,000
Est. Payment: $1,771.27/mo
3 Bed
1 Bath
960 Sqft
0.28 Acres
Status: active | Days on site: 42
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House Description

TURNKEY STR INVESTMENT IN ARLINGTON’S ENTERTAINMENT DISTRICT — “VEGAS IN DALLAS!” Don’t just buy a house—step into a fully designed short-term rental opportunity in one of DFW’s most exciting entertainment destinations. Located in Arlington’s established STR zone and just minutes from AT&T Stadium, Globe Life Field, Choctaw Stadium, Texas Live! and Six Flags. This 3-bedroom home is positioned to capture year-round tourism plus high-demand Cowboys games, Rangers games, concerts and major events. Beautifully updated and designed with hospitality in mind, the home features refinished original hardwood floors, an updated kitchen with stainless appliances and brass finishes, a completely renovated boutique-style bathroom, energy-efficient windows, LED lighting and a tankless gas water heater. The huge backyard with mature shade trees offers outstanding potential for additional guest entertainment amenities. For investors, this is more than real estate—it’s an opportunity to own an income-producing hospitality business in the heart of Arlington’s rapidly growing Entertainment District. The property may also offer valuable real-estate tax advantages, including depreciation and potential cost-segregation benefits depending on the buyer’s individual tax situation. Consult your tax professional. Prime location. Turnkey design. STR potential. Major-event demand. Own your piece of “Vegas in Dallas.” Schedule your showing today!

Highlights

Listed by Matt Ekstrom , Fathom Realty , North Texas Real Estate Information Systems

Property Type

Residential

Lot/Acreage
0.28

Year Built

1955

County

Tarrant

Neighborhood

Parkview Add

School District

Arlington ISD

Listing ID

21372449

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Appliances:Dishwasher, Disposal, Gas Range, Microwave
Air Cond:Ceiling Fan(s),Central Air
Fireplaces:
Floor:Tile,Vinyl,Wood
Other:
  • ▪ Additional:Cable TV Available, Granite Counters, High Speed Internet Available, Pantry, Master on Main

Exterior Features

Lot:Less Than .5 Acre (not Zero)
Roof:Composition
Parking Features:Driveway
Principal Interest
$1,771
Taxes
$318

Home Price

$320,000

Loan Details

30 yrs
7.393%

Down Payment

20%
$64,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,771.27

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,771.27 $317.92 $0.00 $2,089.19
Yearly $21,255.24 $3,815.00 $0.00 $25,070.24
Total $637,657.19 $114,450.00 $0.00 $752,107.19

Today's Rates

30 Year

7.39%

20 Year

7.2%

15 Year

6.63%

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Market insight data is pulled from the same city as the listing being viewed (Arlington, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-10T18:05:49.117Z

© 2026 North Texas Real Estate Information Systems