4516 Forestgate Dr Arlington, TX 76017
South West Arlington NeighborhoodEstimated payment $1,881/month
Total Views
328,342
3
Beds
2
Baths
1,411
Sq Ft
$155
Price per Sq Ft
Highlights
- Vaulted Ceiling
- Traditional Architecture
- Balcony
- Boles J High School Rated A-
- Covered Patio or Porch
- Built-In Features
About This Home
MAJOR PRICE IMPROVEMENT!! Come and see this unique condo that offers the perfect blend of investment potential and a private, comfortable home. Located in the small, 21-unit Manorhomes of Wimbledon community, this property provides a rare treehouse feel, far from a typical parking lot view. For buyers, the highlight is the versatile third bedroom on the ground floor, created from the one-car garage. With a private entrance and a dedicated parking spot, this flexible space is ideal for a home office, gym, studio, or private guest room. The second level is also a flexible space, featuring an expansive living and dining area with vaulted ceilings and a warm wood-burning fireplace. The kitchen is bright and open, and a serene screened-in balcony offers a peaceful retreat among the trees. The primary suite is a quiet sanctuary with vaulted ceilings and abundant windows, creating a peaceful escape. For investors, this property offers a clear path to high returns. The ground level bedroom could be easily converted back to garage space to maximize the rental potential. The location is a major asset, with high rental demand driven by its proximity to UTA, major highways, shopping, and dining. There have been NUMEROUS rental inquiries on this listing. The property's unique features make it highly marketable, and all appliances can convey, reducing initial setup costs.Whether you're looking for a one-of-a-kind home or a smart addition to your portfolio, this property delivers! HOA confirmed they allow short term rentals of 30 days minumum. No Daily Rentals allowed
Listing Agent
CENTURY 21 Judge Fite Co. Brokerage Phone: 972-282-8888 License #0328783 Listed on: 05/14/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,574
Year Built
- Built in 1984
HOA Fees
- $349 Monthly HOA Fees
Home Design
- Traditional Architecture
- Slab Foundation
- Composition Roof
- Block Exterior
Interior Spaces
- 1,411 Sq Ft Home
- 2-Story Property
- Built-In Features
- Vaulted Ceiling
- Wood Burning Fireplace
- Window Treatments
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry in Utility Room
- Dryer
- Washer
Parking
- Driveway
- Assigned Parking
Outdoor Features
- Balcony
- Covered Patio or Porch
- Exterior Lighting
- Rain Gutters
Schools
- Wood Elementary School
- Martin High School
Utilities
- Central Heating and Cooling System
- High Speed Internet
Community Details
- Association fees include insurance, ground maintenance, maintenance structure, sewer, trash, water
- Community Archives Association
- Manorhomes Of Wimbledon Condo Subdivision
Listing and Financial Details
- Legal Lot and Block 2 / D
- Assessor Parcel Number 05174449
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,059 | $192,000 | $40,000 | $152,000 |
| 2024 | $3,059 | $209,302 | $40,000 | $169,302 |
| 2023 | $4,519 | $204,813 | $40,000 | $164,813 |
| 2022 | $5,094 | $204,813 | $15,000 | $189,813 |
| 2021 | $4,218 | $162,357 | $15,000 | $147,357 |
| 2020 | $3,821 | $163,544 | $15,000 | $148,544 |
| 2019 | $3,594 | $138,331 | $15,000 | $123,331 |
| 2018 | $2,704 | $123,293 | $9,252 | $114,041 |
| 2017 | $3,008 | $113,037 | $9,252 | $103,785 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/12/2025 09/12/25 | Price Changed | $218,000 | -3.1% | $155 / Sq Ft |
| 06/13/2025 06/13/25 | Price Changed | $225,000 | 0.0% | $159 / Sq Ft |
| 06/13/2025 06/13/25 | For Sale | $225,000 | -- | $159 / Sq Ft |
Source: North Texas Real Estate Information Systems (NTREIS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | Rattikin Title | |
| Vendors Lien | -- | North American Title Co | |
| Vendors Lien | -- | Rattikin Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $188,180 | New Conventional | |
| Previous Owner | $135,800 | New Conventional | |
| Previous Owner | $108,900 | New Conventional |
Source: Public Records
About the Listing Agent
I'm in the real estate business because it combines my love for ALL THINGS REAL ESTATE with a passion to service my clients and my community. As a native Dallasite and long time resident of Arlington, the Metroplex is my home! I will provide you a smart and honest approach to achieving your real estate goals while continually protecting your interest. I will perform a complete analysis of your needs, create a plan that fits your schedule, defend your interests, anticipate and solve problems.
Gretchen's Other Listings
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20913186
APN: 05174449
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved
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