Mary Margaret Davis Real Estate Team - 817.925.1740

MLS: 20913186     $218,000
3 Bedrooms with 2.00 Baths

MLS: 20913186 Condo For Sale
4516 FORESTGATE DRIVE
ARLINGTON TX 76017

MLS:  20913186
Status:  ACTIVE
List Price:  $218,000
Price per SQFT:  $155
Square Footage:  1411

3 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

MLS Logo  Listing Courtesy of CENTURY 21 JUDGE FITE CO.

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Condo Mania Agent

Featured Real Estate Agent Mary Margaret Davis

Mary Margaret Davis

MM Davis Real Estate Team
Broker
Phone: 817-925-1740

Contact Mary Margaret Davis

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Listing Photos

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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


Blue Marker: This Listing               Red Marker: Active Listings Nearby

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Condo Mania Agent

Featured Real Estate Agent Mary Margaret Davis

Mary Margaret Davis

MM Davis Real Estate Team
Broker
Phone: 817-925-1740

Contact Mary Margaret Davis

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Last Updated: 2025-10-03 01:11:10