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$445,000

1303 Pegasus Dr, Arlington, TX, 76013

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,880 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$154.51 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Microwave
FlooringCarpet, Laminate, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size8,172 sqft

Building Information

Year Built1999
Stories2
Garage Spaces2

Land Information

APN38115-4-11
Lot Number11
SubdivisionShady Valley West Addition
Land UseResidential
Legal DescriptionSHADY VALLEY WEST ADDITION BLOCK 4 LOT 11
Census Tract121606
Assessed Land Value$70,000
Assessed Improvement Value$340,074
Assessment Year2025

About this property

Meticulously kept home located in a gated subdivision conveniently located close to schools, shopping, churches, Globe Life Field, AT&T Stadium and Six Flags. Ample space for the family and entertaining! Relax with your family or guests in the formal living room or the great room with a cozy fireplace and gorgeous views of the inground pool! The formal dining room features a beautiful chandelier, and accesses the expansive open concept eat-in kitchen. The spacious master bedroom is located downstairs with three additional bedrooms upstairs along with a bonus room featuring built-in storage and organizational features! The appeal begins at the curb and continues throughout the home with decorative lighting, trayed ceilings, beautiful flooring and continues out back with the beautiful inground pool! This home is a must see to appreciate.

Investor Tools

Property Icon
$504,000
Estimated Property Value
$0Estimated Mortgage Balance
$504,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,024 /month
Positive
Cash Flow Estimate:
$1,008 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$994/month
$360/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,409
$410,074
2025
$70,000
$340,074
$410,074
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,409
$410,074

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$504,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
$360/mo
+$2,025/mo
5.7%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Arlington

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1303 Pegasus Dr | Property Details | No Agent List