500 Norwood Place 1, Arlington, Tarrant County, TX 76013

For Sale

$4,900,000 USD
Listed by Steve Young with RE/MAX Associates of Arlington
$4,900,000 USD
  • 40 Beds
  • 20 Baths
  • 2 ac Lot Size
  • MultiFamily
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Property Summary for 500 Norwood Place Español?

Lot Size
2 Ac
MLS Number
Year Built
Full Baths
Parking info
Pecan Acres
School District
Arlington Independent School District
Schools Information

Description for 500 Norwood Place

Norwood Place Condominiums. A small, quiet community of 20 homes located in central Arl. Spacious two bedrooms, 2.5 baths with a one-car garage. Square footage ranges from 1,438 to 1,616. Privacy patios and balconies. All-electric kitchens. Washer-Dryer connections. Garage with automatic opener. Wood burning fireplaces. Skylights, & individual alarm systems. 2 HVAC units for each condo. OS Gray Park with jogging-walking trails across the street. Replaced all the windows last year, and the buildings were painted, rotten wood replaced, roof replaced. Property in-place rents are significantly under market, raising to current rents could achieve much greater cash flow. Pics do not represent all the units.
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Features for 500 Norwood Place

Lot Features
  • Patio, Sprinkler System
Exterior Finish
  • Brick and Wood, Wood
  • Cooktop - Electric, Dishwasher, Garbage Disposer, Microwave, Oven
  • Central A/C, Zoned A/C
  • Central Furnace, Fireplace, Zoned
Interior Features
  • Flooring: Carpet, Laminate, Tile - Ceramic
  • Fireplace
  • Composition Shingle
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Demographics in 76013top


Total population 34,203
Male population 16,476
Female population 17,727
Median age 34.20


Total households 12,877
Average people per household 2.57


Total housing units 13,771
Owner occupied 6,592
Renter occupied 6,285
Median year built 1973


Median household income 55,166
Average household income 76,080


Demographic data shown in this section was gathered from the latest U.S. Census Bureau release, the 2019 American Community Survey. The information is updated yearly, as soon as new data is made available by the US Census Bureau.

No representation, guarantee or warranty is made as to the accuracy or completeness of information modified or aggregated for specific neighborhoods and/or zip codes.

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