ARLINGTON 2018 SINGLE-FAMILY HOUSING PROFILE€¦ · Viridian 1,417 Eden Glen Estates 167 Southwind Addi on 155 Twin Hills 84 Ballweg 72. Top Five Subdivisions by Number of Single

December 2018

ARLINGTON 2018 SINGLE-FAMILY

HOUSING PROFILE

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TABLE OF CONTENTS

Executive Summary.................... 3

Housing Characteristics..............4

Housing Activity.........................10

Demographics...........................12

Zoning & Land Use....................14

Appendix...................................18

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EXECUTIVE SUMMARY

Utilizing various property, demographic and land use data, the Arlington 2018 Single Family Housing

Profile intends to provide a current snapshot of single family housing in the City of Arlington, TX. This report is intended for informational purposes only.

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HOUSING CHARACTERISTICS

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Number Percent of Total<1960 10,134 10.7%1960-1970 7,893 8.3%1970-1980 20,184 21.3%1980-1990 24,576 25.9%1990-2000 14,692 15.5%2000-2010 14,194 15.0%2010-2015 2,222 2.3%2015-2018 820 0.9%TOTAL 94,715 100.00%

Single Family Housing by Decade Built

10.7%

8.3%

21.3%

25.9%

15.5%

15.0%

2.3%

< 1960

1960 - 1970

1970 - 1980

1980 - 1990

1990 - 2000

2000 - 2010

2010-2015

0.9%

2015-2018

Single Family Housing by Decade Built

Source: Tarrant Appraisal District (2018)

The median year built for a single family property is 1983, making the median age of a single family home in Arlington 35 years. Clear development patterns can be seen in the map on page 4, with older homes near Downtown.

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Parcels Percent of Total< $60 6,013 6.3%$60-$80 26,162 27.6%$80-$100 51,510 54.4%$100-$120 9,991 10.5%> $120 1,039 1.1%TOTAL 94,715 100.0%

Appraised Improvement Value per Square Foot, 2018

< $60

$60 - $80

$80 - $100

$100 - $120

> $12054.4%

27.6%

6.3%10.5%

1.1%

Appraised Improvement Value per Square Foot, 2018


Improvement value refers to the value of structures on any given parcel (total value minus land value). The median appraised improvement value per square foot of a single family unit in Arlington is $85.12.

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Parcels Percent of Total< $100,000 6,839 7.2%$100,000 - $150,000 23,201 24.5%$150,000 - $200,000 29,243 30.9%$200,000 - $250,000 20,229 21.4%$250,000 - $300,000 8,200 8.7%> $300,000 7,003 7.4%TOTAL 94,715

Single Family Total Appraised Value, 2018

100.0%


< $100,000

$100,000 - $150,000

$150,000 - $200,000

$200,000 - $250,000

$250,000 - $300,000

> $300,000

7.2%

24.5%

30.9%

21.4%

8.7%7.4%

Single Family Total Appraised Value, 2018Total appraised value refers to the combined value of land and structures on a given parcel. The median appraised value for a single family parcel in Arlington is $178,400, with higher values wrapping along the western edge of the City.

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HOUSING ACTIVITY

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2012 2013 2014 2015 2016 2017Median Sale Price $117,000 $130,500 $144,000 $159,000 $175,000 $195,000Median Appraised Value $112,500 $113,600 $120,800 $125,294 $138,158 $152,974

Median Sale Price vs. Median Appraised Value, 2012-2017

Subdivision Number of PermitsViridian 1,417Eden Glen Estates 167Southwind Addi�on 155Twin Hills 84Ballweg 72

Top Five Subdivisions by Number of Single FamilyNew Construc�on Permits, 2013 - Q3 2018

Median Sales Price vs. Median Appraised Value, 2012-2017

Source: Tarrant Appraisal District (2018), Texas A&M Real Estate Center

*Totals do not include triplexes or mobile homes

$0

$50,000

$100,000

$150,000

$200,000

$250,000

2012 2013 2014 2015 2016 2017

Median Sales Price Median Appraised Value

Between 2013 and October of 2018, the Viridian development saw the overwhelming majority of new single family construction in Arlington.

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DEMOGRAPHICS

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City 2010* 2017Arlington $58,593 $55,562Bedford $67,580 $64,933Colleyville $171,002 $164,682Dalworthington Gardens $89,214 $124,500Euless $61,733 $60,558Fort Worth $55,709 $57,309Grand Prairie $57,777 $62,589Grapevine $82,820 $83,675Hurst $59,514 $58,871Mansfield $103,432 $94,035Pantego $71,141 $62,963

Median Household Income 2010,2017

< $30,000

$30,000 - $50,000

$50,000 - $70,000

$70,000 - $90,000

> $90,000

12.3%

20.5%37.0%

24.7%

5.5%

Percentage of Median Income by Census Tract, 2017

The median household income for Arlington in 2017 was $55,562. When accounting for inflation, many cities in Tarrant County saw a decrease in median household income between 2010 and 2017.

Source: 2017 American Community Survey 5-Year Estimates*2017 constant dollars

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ZONING & LAND USE

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DISTRICT Total Acres Number of ParcelsPD - Planned Development 998.9 1,269RE - Residen�al Estate 591.5 210RM-12 - Residen�al Medium Density 12 52.8 145RS-15 - Residen�al Single Family 15 66.3 39RS-20 - Residen�al Single Family 20 0.9 2RS-5 - Residen�al Single Family 5 32.8 25RS-7.2 - Residen�al Single Family 7.2 530.7 861VG - Village on the Green at Tierra Verde 270.7 185DB - Downtown Business* 18.2 24

TOTAL 2,562.8 2,760

Vacant-Developable Parcels by Single Family Zoning District

39.0%

23.1%

2.1%2.6%

0.04%1.3%

20.7%

10.6%

0.7%

PD - Planned Development

RE - Residen�al Estate

RM-12 - Residen�al Medium Density 12

RS-15 - Residen�al Single Family 15



RS-7.2 - Residen�al Single Family 7.2

VG - Village on the Green at Tierra Verde

DB - Downtown Business*

Source: City of Arlington, Office of Strategic Initiatives

Vacant-Developable Parcels by Single Family Zoning District

*The Downtown Business zoning district allows for townhouse development (single family) with a specific use permit.

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ZONING & LAND USE

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DISTRICT Total Acres Number of ParcelsCC - Community Commercial 678.5 351DB - Downtown Business 18.2 24GC - General Commercial 297.3 148IM - Industrial Manufacturing 873.1 165LI - Light Industrial 162.8 76LO - Limited Office 0.5 4NC - Neighborhood Commercial 68.1 62OC - Office Commercial 168.2 136PD - Planned Development 1,551.1 1,551RE - Residen�al Estate 591.5 210RM-12 - Residen�al Medium Density 12 52.8 145RMF-22 - Residen�al Mul�-Family 22 206.1 159RS-15 - Residen�al Single Family 15 67.3 40RS-20 - Residen�al Single Family 20 0.9 2RS-5 - Residen�al Single Family 5 32.8 25RS-7.2 - Residen�al Single Family 7.2 532.0 869UTA - UT Arlington 0.6 3VG - Village on the Green at Tierra Verde 270.7 185

TOTAL 5,572.7 4,155

Vacant-Developable Parcels by Zoning District

Source: City of Arlington, Office of Strategic Initiatives

Vacant Developable Parcels by Zoning District

PD - Planned Development

RE - Residen�al Estate

RM-12 - Residen�al Medium Density 12




RS-7.2 - Residen�al Single Family 7.2

12.2%0.3%

5.3%

15.7%

2.9%0.01%

1.2%3.0%

27.8%

10.6%

0.9% 3.7%

1.2%0.02%

0.6%

9.5%

0.01%

4.9%

CC - Community Commercial

DB - Downtown Business

GC - General Commercial

IM - Industrial Manufacturing

LI - Light Industrial

LO - Limited Office

NC - Neighborhood Commercial

UTA - UT Arlington

OC - Office Commercial

VG - Village on the Green at Tierra Verde

RMF-22 - Residen�al Mul�-Family 22

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APPENDIX

Pre-1960 1960-1970 1970-1980 1980-1990 1990-2000 2000-2010 2010-2018Arlington 1,493 1,752 1,933 1,776 2,226 2,365 3,000Bedford 1,525 1,668 1,896 2,030 2,273 2,058 2,585Colleyville 2,301 2,037 2,602 3,308 3,870 4,485 4,198Dalworthington Gardens 1,731 2,341 2,694 2,897 4,283 4,896 4,615Euless 1,713 1,622 1,704 1,553 1,921 2,435 2,948Fort Worth 1,557 1,906 1,949 1,682 2,165 2,252 2,596Grand Prairie (Tarrant Only) 1,217 1,576 1,983 1,780 2,266 2,814 3,247Grapevine 1,747 1,718 1,963 2,055 2,741 3,023 4,181Hurst 1,429 1,758 2,033 2,235 2,282 2,824 6,632Mansfield 1,524 1,606 1,836 1,906 2,419 2,770 3,391Pantego 1,979 2,274 2,206 1,936 2,763 3,017 3,358

Average Single Family Living Area by Decade Built, 2018

Pre-1960 1960-1970 1970-1980 1980-1990 1990-2000 2000-2010 2010-2018Arlington $85.78 $92.70 $96.85 $100.22 $101.66 $99.24 $123.72Bedford $86.26 $105.42 $119.00 $122.49 $128.01 $132.36 $132.32Colleyville $242.16 $200.81 $152.18 $149.98 $149.80 $163.18 $171.13Dalworthington Gardens $120.63 $106.62 $112.03 $99.11 $123.53 $140.93 $151.73Euless $97.87 $111.45 $107.90 $127.94 $125.50 $125.04 $131.24Fort Worth $87.83 $86.28 $90.73 $96.64 $105.66 $100.68 $109.84Grand Prairie (Tarrant Only) $71.12 $88.63 $99.43 $98.24 $94.74 $96.73 $106.34Grapevine $185.01 $150.80 $153.59 $152.20 $144.19 $154.46 $163.27Hurst $82.21 $104.56 $114.26 $120.30 $124.69 $121.26 $117.18Mansfield $80.07 $92.58 $103.08 $108.62 $113.21 $104.53 $114.05Pantego $78.20 $95.77 $96.72 $92.77 $112.66 $110.85 $116.26

Average Total Appraised Value by Decade Built (2018)

Average LivingArea (Sq. Ft.)

Average Land ValueAverage

Improvement ValueAverage

Total ValueAvg. Total Value per

Living Area Sq. Ft.

Arlington 1,917 $27,475 $160,038 $187,514 $97.81

Bedford 1,937 $45,645 $184,486 $230,131 $118.81

Colleyville 3,631 $156,506 $413,976 $570,483 $157.11

Dalworthington Gardens 3,275 $90,467 $300,661 $391,129 $119.41

Euless 1,805 $38,793 $176,927 $215,720 $119.53

Fort Worth 1,842 $43,337 $139,393 $182,730 $99.18

Grand Prairie (Tarrant) 2,505 $47,722 $194,292 $242,014 $96.63

Grapevine 2,234 $76,865 $249,246 $326,111 $146.00

Hurst 1,871 $34,783 $170,295 $205,079 $109.64

Mansfield 2,459 $53,112 $205,855 $258,967 $105.32Pantego 2,291 $31,585 $190,606 $222,190 $96.98

Average TAD Appraised Single Family Values for Select Communi�es, 2018


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For the purpose of this report, “Single Family” refers to parcels designated as single family in accordance with the City of Arlington’s land use layer.

Unless otherwise noted, Single Family parcels are those parcels with single family detached homes and single family attached homes (duplexes, triplexes, townhomes and mobile homes).

Data Sources and Support Materials

- 2017 American Community Survey 5-Year Estimates

- Tarrant Appraisal District (TAD)

- City of Arlington Office of Strategic Initiatives

- Texas A&M Real Estate Center

Documents

ARLINGTON 2018 SINGLE-FAMILY HOUSING PROFILE€¦ · Viridian 1,417 Eden Glen Estates 167 Southwind Addi on 155 Twin Hills 84 Ballweg 72. Top Five Subdivisions by Number of Single