1507 N Watson Rd, Arlington, TX 76006 Property Records

Tarrant County property record for 1507 N Watson Rd, Arlington, TX 76006

Property Summary

Property TypeCommercial
Details131,147 sqft · built 1982
Lot Size4.52 acres (197,253 sqft)
OwnerCompany Name on File
Last Sale$11,890,000 (Jun 2015)
Tax Bill$327,642 (2025)
Deeds & MortgagesNov 2024 Mortgage
Oct 2023 Mortgage
+ 3 more
Flood ZoneZone X (minimal risk)
APN14215-ER1

Property Details

APN / Parcel Number

Primary APN14215-ER1
Alternative APN
  • 04851471

Interior

Stories5 Stories
Building Area131,147 sqft Gross Area

Exterior

Year BuiltBuilt 1982
Effective Year BuiltEffective 1982
Exterior MaterialBrick
Roof TypeFlat
Roof MaterialBuilt-Up Asphalt
Lot Area197,253 sqft

Utilities, Heating & Cooling

Heating FuelGas

Location & Zoning

Account Number04851471
Street Address1507 N WATSON RD
CityARLINGTON
StateTX
Zip76006-6065
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionFOREST LAKE ADDITION-ARLINGTON LOT ER1
Legal SubdivisionFOREST LAKE ADDITION-ARLINGTON LOT
Legal Block3
Legal Lot NumberER1
JurisdictionTARRANT TX
Township / Civil DivisionARLINGTON
Census Block Group3
Census Block3004
Census Tract113115

Owner

1507 N Watson Rd, a commercial property, is owned by a company that bought it in June 2015.

Source: Tarrant County records, as of June 2, 2026

Owner of RecordCompany Name on File
Mailing Address1507 N WATSON RD, ARLINGTON, TX 76006-6065
Owner TypeCompany

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

DateDocument
Nov 19, 2024Vendor's Lien, Transfer
PRAFUL PATEL
Oct 13, 2023Deed of Trust, Mortgage · Commercial Mortgage
PROPERTY TAX LENDING LP
Dec 31, 2019Deed of Trust, Mortgage · Construction Mortgage
CENTENNIAL BANK
Apr 1, 2016Loan Modification, Mortgage
CENTENNIAL BK
Jun 4, 2015Loan Modification, Mortgage
CENTENNIAL BK

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJun 4, 2015 · Amount on File
Deed SaleJun 4, 2015 · Amount on File
Prior SaleJun 4, 2015
Deed Document Number2015118820
Prior Transfer DateJun 3, 2015
Prior Transfer Doc0000118767
Record UpdatedOct 29, 2026

November 2024: Vendor's Lien, Transfer

Document TypeVendor's Lien
JurisdictionTARRANT TX
Recording DateNov 19, 2024
Property Address1507 N WATSON RD, ARLINGTON, TX 76006-6065
Document Number0000208129
Map ReferenceVOL 388-151 PG 27
Instrument DateNov 18, 2024
InstrumentD224208129
Transaction TypeTransfer
Record UpdatedMay 19, 2026

Transaction

Tax$0.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address1507 N WATSON RD, ARLINGTON, TX 76006-6065

Transferred To (Grantee/Buyer)

NameVerified Name
Address1507 N WATSON RD, ARLINGTON, TX 76006-6065

Mortgage

DateNov 19, 2024
Lender
NamePRAFUL PATEL
TypeNon-Lending Institution
Special NotesSeller Financed
Agreement
AmountAmount on Record

October 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionTARRANT TX
Property Address1507 N WATSON RD, ARLINGTON, TX 76006-6065
Transaction TypeMortgage
Record UpdatedNov 1, 2023

Transferred To (Grantee/Buyer)

NameVerified Name
Address1507 N WATSON RD, ARLINGTON, TX 76006-6065

Mortgage

Document Number0000185649
DateOct 13, 2023
InstrumentD223185649
Lender
NamePROPERTY TAX LENDING LP
TypeNon-Lending Institution
AddressDALLAS, TX 75243
Agreement
TypeCommercial Mortgage
AmountAmount on Record

December 2019: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionTARRANT TX
Property Address1507 N WATSON RD, ARLINGTON, TX 76006-6065
Transaction TypeMortgage
Record UpdatedNov 3, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000299800
DateDec 31, 2019
InstrumentD219299800
Lender
NameCENTENNIAL BANK
TypeBank
AddressMOUNTAIN VIEW, AR 72560
Agreement
TypeConstruction Mortgage
AmountAmount on Record
Term50 Months
DueFeb 2, 2024

April 2016: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionTARRANT TX
Property Address1507 N WATSON RD, ARLINGTON, TX 76006-6065
Document Number0000090080
Instrument DateApr 1, 2016
Transaction TypeMortgage
Record UpdatedMay 14, 2020
Title CompanyATTORNEY ONLY

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address1507 N WATSON RD ARLINGTON TX 760066065, ARLINGTON, TX 76006-6065

Mortgage

Document Number0000090080
DateApr 21, 2020
Instrument220090080
Lender
NameCENTENNIAL BK
TypeBank
Agreement
AmountAmount on Record
Term36 Months
DueApr 20, 2023

June 2015: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionTARRANT TX
Property Address1507 N WATSON RD, ARLINGTON, TX 76006-6065
Document Number0000090081
Instrument DateJun 4, 2015
Transaction TypeMortgage
Record UpdatedMay 15, 2020
Title CompanyATTORNEY ONLY

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address1507 N WATSON RD ARLINGTON TX 760066065, ARLINGTON, TX 76006-6065

Mortgage

Document Number0000090081
DateApr 21, 2020
Instrument220090081
Lender
NameCENTENNIAL BK
TypeBank
Agreement
AmountAmount on Record
Term36 Months
DueApr 20, 2023

Tax Assessment & Valuation

The 2025 property tax bill for 1507 N Watson Rd was $327,642, up 24.9% from the year before.

Source: Tarrant County assessment roll, as of June 2, 2026

Property Jurisdictions

TypeName
StateTexas
MunicipalityArlington City
CountyTarrant County
Unified School DistrictArlington Independent School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$327,642.00 (+24.93%)$14,987,000 Land $1,479,398 Building $13,507,602$14,987,000 Land $1,479,398 Building $13,507,602
2024$262,269.00 (-39.05%)
2023$430,281.00 (+47.41%)$19,500,000 Land $1,479,398 Building $18,020,602$19,500,000 Land $1,479,398 Building $18,020,602
2022$291,885.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 1507 N Watson Rd in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective October 12, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Nearest Special Flood Hazard AreaZone AE, within 500 ft
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 5 (25% premium discount)
Nearby Flood Policies73 units insured
incl. 72 condo units

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 1507 N Watson Rd has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemCITY OF ARLINGTON
serves 413,955 people · EPA ID TX2200001
Water SourceSurface water
Last State InspectionApr 2023
Lead1 ppb (2024–2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 278 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Spectrum
Cable · Fiber in parts of the area
1,000 / 1,000
Verizon
Fixed Wireless
300 / 20
AT&T
DSL · Fiber, Fixed Wireless in parts of the area
100 / 20

May also be available: T-Mobile.

Nearby Properties on N Watson Rd

Nearby Streets

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