4516 Forestgate Drive, Arlington, TX 76017
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
Listed by:gretchen greco972-282-8888
Office:century 21 judge fite co.
MLS#:20913186
Source:GDAR
Price summary
- Price:$218,000
- Price per sq. ft.:$154.5
- Monthly HOA dues:$349
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
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Home facts
- Year built:1984
- Listing ID #:20913186
- Added:111 day(s) ago
- Updated:October 03, 2025 at 11:43 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,411 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Electric
Structure and exterior
- Roof:Composition
- Year built:1984
- Building area:1,411 sq. ft.
- Lot area:0.11 Acres
Schools
- High school:Martin
- Elementary school:Wood
Finances and disclosures
- Price:$218,000
- Price per sq. ft.:$154.5
- Tax amount:$4,574
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