See Home Value
$395,000
● House - Off Market

4505 Lake Park Drive

Arlington, TX 76016
bedrooms
5 Beds
bathrooms
3 Baths
square feet
3,047 Ft²
$1,940
Est. Monthly

About This Property

AMAZING home and at an INCREDIBLE PRICE is back on the market!!  No inspection was ordered, Buyer was just not ready to commit to a home purchase at this time.  So please bring your Buyer to let them see all of the possibilities in this home! This spacious and beautifully maintained 5-bedroom, 3-bath gem is nestled on a peaceful, tree-lined street in the outstanding Martin school district. With a quarter-acre lot and a private backyard oasis, there's plenty of room to relax, entertain, and enjoy life inside and out. As you enter the home your eyes are immediately drawn to the gorgeous double black doors that lead out to the large backyard retreat - which is ideal for a garden, trampoline, swingset, or simply relaxing in privacy. The second family room was designed also for enjoying the views of the backyard with large side windows and french doors that bring the outside in. You and your family will enjoy this great room, perfect for family gatherings, movie or game nights. You will find this home to have a well-thought-out layout with three bedrooms downstairs and two upstairs-perfect for flexible living arrangements or a growing family. The two bedrooms upstairs lead out to a flex space, ( great for toys) a large walk in closet and a full size bathroom. In each of the two living areas, there are electric decorative fireplaces for cozy evenings and a touch of charm. The kitchen is large and inviting, with modern touches throughout and plenty of storage space. Thoughtful design is very noteable with modern ceiling fans, sleek light fixtures, and a contemporary style that gives the whole home a fresh, welcoming feel. Need storage? You've got it. Parking? The oversized carport will accomodate several cars and motorcycles! This one truly checks all the boxes-space, style, functionality, and location. Come see it for yourself and see why you will want to claim this one for your own!
Unit Size
3,047 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$130
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1984

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Last updated: 5 months ago (NTREIS #21099043)

Price History

Date / Event Date Event Price
Jan 13, 2026 Sold
Sold
Dec 18, 2025 No longer available -
No longer available
Dec 12, 2025 In contract -
In contract
Nov 11, 2025 Relisted $395,000
Relisted
Nov 8, 2025 In contract -
In contract
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Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 2
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 2,567
  • Gross Building Area: 2,567
  • Building Area: 2,567
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,567
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE PARK EST
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A
  • Legal Description 1: LAKE PARK EST ADDN-ARLINGTON BLOCK D LOT 3

Neighborhood

  • School District Name: Arlington Independent School District
  • School Tax School District: ARLINGTON
  • Census Tract: 121609

Geography

  • Assessors Map Reference: 93-R
  • Account Number: 01553127
  • District: 024
  • Parcel: 01553127
  • Block: D
  • Lot: 3
  • Municipality: ARLINGTON
  • Latitude: 32.6747
  • Longitude: -97.2235

    Address

  • Full Address: 4505 Lake Park Dr
  • Address - House Number: 4505
  • Address - Street Name: Lake Park
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Arlington
  • Carrier Code: R027
  • 4-Digit Zip Code: 5325
  • Zip Code: 76016

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $338,909
  • Tax Rate Code Area: 901

    Appraisal Valuation

  • Standard Deviation: 0.1991
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 427,831
  • High Value: 513,048
  • Low Value: 342,615

    Market Valuation

  • Market Total Value: $368,802
  • Market Land Value: $55,000
  • Market Improvement Value: $313,802

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $368,802
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $313,802

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 10, 1999
  • Current Sale Recording Date: Mar 24, 1999
  • Current Sale Price:
  • Current Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About West Arlington


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Frequently Asked Questions

When was property at 4505 Lake Park Drive built and last sold?
The property at 4505 Lake Park Drive was built in 1984 and last sold on Mar 10, 1999 for $125,000.
How much is this home worth?
The estimated value of the home located at 4505 Lake Park Drive is $398,950.
What are some comparable homes to 4505 Lake Park Drive?
There are currently no comparable homes to 4505 Lake Park Drive.