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4516 Forestgate Drive Arlington, Texas 76017

For Sale

$213,500

Smart Buyer Rebate - Ask

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.

Listed by Gretchen Greco

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CENTURY 21 Judge Fite Co.

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972-282-8888

Last updated November 17, 2025

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Source: NTREIS #20913186

Listing Facts

  • TypeCondo
  • NeighborhoodSouthwest Arlington
  • Bedrooms3
  • Bathrooms2
  • Days on Prevu189
  • HOA/Maint. Fees$349/month
  • Size1,411 sqft
  • Price per sqft$151

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer
  • Pets Allowed
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

11/17/2025
Price Decreased
$213,500
09/12/2025
Price Decreased
$218,000
05/14/2025
Listed by CENTURY 21 Judge Fite Co.
$225,000

Property Details for 4516 Forestgate Drive

Association

Fees

  • Association Fee: $349.00 Monthly
  • Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water

Exterior

Construction

  • Property Attached: Yes
  • Roof: Composition
  • Stories Total: 2
  • Window Features: Window Coverings
  • Year Built: 1984
  • Architectural Style: Traditional
  • Construction Materials: Block, Siding
  • Exterior Features: Balcony, Rain Gutters, Lighting

Features

  • Patio And Porch Features: Covered, Screened

Measurements

  • Lot Size Acres: 0.10
  • Lot Size Area: 0
  • Lot Size Square Feet: 4,704
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: 05174449

Interior

Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Fireplace Features: Wood Burning
  • Fireplaces Total: 1
  • Flooring: Carpet, Laminate, Tile
  • Interior Features: Built-in Features, High Speed Internet Available, Vaulted Ceiling(s), Walk-In Closet(s)

Measurements

  • Living Area: 1,411

Rooms

  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3

Other

Location

  • Subdivision Name: Manorhomes Of Wimbledon Condo
  • Tax Block: D
  • Tax Lot: 2

Parking

Parking

  • Parking Features: Asphalt, Assigned

Schools

Elementary School

  • Elementary School: Wood

Utilities

Equipment

  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Electric Dryer Hookup, Utility Room, Full Size W/D Area, Washer Hookup
  • Utilities: All Weather Road, City Sewer, City Water, Concrete, Curbs, Master Water Meter

Based on information from NTREIS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.