Mary Margaret Davis Real Estate Team - 817.925.1740
MLS: 20913186 $218,000
3 Bedrooms with 2.00 Baths4516 FORESTGATE DRIVE
ARLINGTON TX 76017MLS: 20913186
Status: ACTIVE
List Price: $218,000
Price per SQFT: $155
Square Footage: 14113 Bedrooms
2.00 Baths
Year Built: 1984
Zip Code: 76017
Listing Remarks
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
Address: 4516 FORESTGATE DRIVE ARLINGTON TX 76017
Listing Courtesy of CENTURY 21 JUDGE FITE CO.
Community: MANORHOMES OF WIMBLEDON ... Listing 2 of 3
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Condo Mania Agent
Mary Margaret Davis
MM Davis Real Estate Team
Broker
Phone: 817-925-1740
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Listing Details
BATHS FULL: 2 BATHS TOTAL: 2. 00 BEDS TOTAL: 3 SUBDIVISION: Manorhomes Of Wimbledon Condo COMPLEX: Manorhomes of Wimbledon BUILDING NUMBER: D # STORIES TOTAL: 2 STRUCTURAL STYLE: Condo/Townhome ARCHITECTURAL STYLE: Traditional EXTERIOR FEATURES: Balcony, Rain Gutters, Lighting INTERIOR FEATURES: Built-in Features, High Speed Internet Available, Vaulted Ceiling(s), Walk-In Closet(s) PARKING FEATURES: Asphalt, Assigned FIREPLACES TOTAL: 1 FIREPLACES FEATURES: Wood Burning ASSOCIATION FEES: $349 ASSOCIATION FEES FREQUENCY: Monthly ASSOCIATION FEE INCLUDES: Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water ASSOCIATION TYPE: Mandatory LISTING AGENT: Gretchen Greco LISTING OFFICE: CENTURY 21 Judge Fite Co. LISTING CONTACT: 972-282-8888
Estimated Monthly Payments
List Price: $218,000 20% Down Payment: $43,600 Loan Amount: $174,400 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $1,102 Estimate does not include taxes, fees, insurance.
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Property Location: 4516 FORESTGATE DRIVE ARLINGTON TX 76017
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Condo Mania Agent
Mary Margaret Davis
MM Davis Real Estate Team
Broker
Phone: 817-925-1740
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Last Updated: 2025-10-03 01:11:10