$218,000

4516 Forestgate Drive, Arlington, TX 76017

  • 3 beds |
  • 2 baths |
  • 1,411 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 1984
  • Property Lot Size Icon4,704sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $155/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

MAJOR PRICE IMPROVEMENT!! Whether you're looking for a one-of-a-kind home or a smart addition to your investment portfolio, this property delivers! HOA confirmed they allow short term rentals of 30 days minumum. No Daily Rentals allowed. 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.

Listing Status:
Active
Listing Office:
CENTURY 21 Judge Fite Co. : 972-282-8888
Listing Agent:
Gretchen Greco :
MLS ID:
20913186
  • General: Built-in FeaturesHigh Speed InternetVaulted Ceiling(s)Walk-In Closet(s)
  • Appliances: DryerDishwasherElectric RangeDisposalMicrowaveRefrigeratorWasher
  • Laundry: Washer HookupElectric Dryer HookupLaundry in Utility Room
  • Flooring: CarpetLaminateTile
  • A/C: Central Air
  • Heating: CentralElectric
  • Fireplace: Wood BurningFireplaceFireplaces: 1
  • General: BalconyLightingRain Gutters
  • Style: Traditional
  • Pool: None
  • Parking: AssignedAsphalt
  • Roofing: Composition
  • Windows: Window Coverings
  • General: Block2Slab
  • Road/Access: All Weather Road
  • HOA Amenities: InsuranceMaintenance GroundsMaintenance StructureSewerTrashWater349.0Monthly
  • Originating MLS: NTR
  • School District: Arlington ISD
  • County: Tarrant
  • Zoning: MANORHOMES OF WIMBLEDON CONDO BLOCK D LOT 2 &05174449
  • Utilities: Sewer AvailableWater Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: NTR

This listing courtesy of Gretchen Greco, CENTURY 21 Judge Fite Co.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Wood Elementary School

3300 Pimlico Dr, Arlington, TX, 76017

Grades EE-6

1.07 miles away

G

Gunn Junior High School

3000 S Fielder Rd, Arlington, TX, 76015

Grades 7-8

1.74 miles away

M

Martin High School

4501 W Pleasant Ridge Rd, Arlington, TX, 76016

Grades 9-12

2.19 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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