4516 Forestgate Drive Active Save Request In-Person Tour Request Virtual Tour
Arlington,TX 76017
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,411 sqft
Price per Sqft $154
Subdivision Manorhomes Of Wimbledon Condo
MLS Listing ID 20913186
Style Traditional
Bedrooms 3
Full Baths 2
HOA Fees $349/mo
HOA Y/N Mandatory
Year Built 1984
Annual Tax Amount $4,574
Lot Size 4,704 Sqft
Acres 0.108
Property Sub-Type Condominium
Property Description
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
Location
State TX
County Tarrant
Direction Just south of 1-20 between Bowen Rd and Cooper Street. Easy access to the community from the east bound I-20 service road or through the adjacent neighborhood to the south via Forestgate drive Turn right on Forestgate Drive and then an immediate right onto Forestgate Circle. Building B.
Rooms
Dining Room 1
Interior
Interior Features Built-in Features,High Speed Internet Available,Vaulted Ceiling(s),Walk-In Closet(s)
Heating Central,Electric
Cooling Central Air
Flooring Carpet,Laminate,Tile
Fireplaces Number 1
Fireplaces Type Wood Burning
Appliance Dishwasher,Disposal,Dryer,Electric Range,Microwave,Refrigerator,Washer
Heat Source Central,Electric
Laundry Electric Dryer Hookup,Utility Room,Full Size W/D Area,Washer Hookup
Exterior
Exterior Feature Balcony,Rain Gutters,Lighting
Utilities Available All Weather Road,City Sewer,City Water,Concrete,Curbs,Master Water Meter
Roof Type Composition
Garage No
Building
Story Two
Foundation Slab
Level or Stories Two
Structure Type Block,Siding
Schools
Elementary Schools Wood
High Schools Martin
School District Arlington Isd
Others
Ownership Pennell
Acceptable Financing Cash,Conventional,VA Loan
Listing Terms Cash,Conventional,VA Loan
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20913186#tour