
Status: Active
4505 Lake Park Dr
Arlington, TX 76016
5% Drop
$435,000
$415,000
------/mo*
CalculateWelcome to your next home! This spacious and beautifully updated 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 fits up to three cars. 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!
Read more- Bedrooms
- 5
- Baths
- 3
- House Size
- 3,047 sqft
- Year Built
- 1984
- Lot Size
- 0.23 ac
- School District
- Arlington ISD
Location
Market Insights
In the last 30 days, homes for sale in 76016, Arlington, TX were on the market for a median of 62 days and 28.57% of homes sold above list price.

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Start TourInterior Information
- appliances
- Dishwasher
- Disposal
- Electric Cooktop
- Electric Water Heater
- Microwave
- cooling
- Ceiling Fan(s)
- Central Air
- Electric
- Window Unit(s)
- features
- Granite Counters
- Walk-in Closet(s)
- High Speed Internet
- fireplace
- Decorative
- Den
- Electric
- Family Room
- flooring
- Carpet
- Ceramic Tile
- Laminate
- heating
- Electric
- laundry features
- Electric Dryer Hookup
- window features
- Shutters
Exterior Information
- features
- Private Yard
- fence
- Wood
- patio and porch
- Patio
- roof
- Composition
Property Information
- architectural style
- Contemporary/modern
- Traditional
- construction
- Brick
- foundation
- Slab
- lot
- Interior Lot
- Many Trees
- Landscaped
- parking
- Attached Carport
- sewer
- Public Sewer
- subdivision name
- Lake Park Estate Add
- water source
- Public

- Listed By Cindy Schmidt
- (817) 473-7700
- RE/MAX Associates of Mansfield
- (817) 473-7700
- MLS 20995819
Tax History
Date | Property Tax | Land | Additions | Tax Assessment |
---|---|---|---|---|
2024 | $3,389 (0%) | $55,000 | $268,183 | $323,183 (-12.4%) |
2023 | $3,389 (-32.9%) | $55,000 | $313,802 | $368,802 (+16.3%) |
2022 | $5,052 (+1.2%) | $55,000 | $262,012 | $317,012 (+8.8%) |
2021 | $4,992 | $55,000 | $236,387 | $291,387 |
Tax data provied by Attom
Monthly Payments Calculator
Estimated Monthly Cost
$2,669
30 year fixed·6.9% interest rate
- Principal & Interest
- $2,187
- Property Taxes
- $282
- Home Insurance
- $200
- HOA Fees
- $0
*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.