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$390,000

1327 Pegasus Dr, Arlington, TX, 76013

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,879 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$207.56 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Gas Cooktop, Gas Water Heater
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesLighting, Outdoor Grill, Outdoor Kitchen, Private Yard, Storage, Garden
Lot Size1.66 acres

Building Information

Year Built1998
Stories1
Garage Spaces2

Land Information

APN38115-4-2
Lot Number2
SubdivisionShady Valley West Addition
Land UseResidential
Legal DescriptionSHADY VALLEY WEST ADDITION BLOCK 4 LOT 2
Census Tract121606
Assessed Land Value$70,000
Assessed Improvement Value$298,354
Assessment Year2025

About this property

Welcome to 1327 Pegasus Drive, located in the gated Shady Valley West Addition! This beautifully maintained 4-bedroom, 2-bath home offers a spacious and functional floor plan, impressive outdoor spaces, and numerous recent updates. At the heart of the home is a large kitchen featuring granite countertops, a center island, ample cabinet and prep space, and plenty of room for gathering and entertaining. A designated dining room provides a separate space for meals and special occasions, while the inviting living area is centered around a gas fireplace—perfect for relaxing evenings or entertaining family and friends. The spacious primary suite features a private ensuite bathroom with a garden tub, separate walk-in shower, large vanity area, and walk-in closet. Three additional bedrooms provide plenty of flexibility for family, guests, a home office, or hobbies. A separate utility room and two-car garage add storage and everyday convenience. LVP and tile flooring run throughout the home with no carpet. Major improvements include new windows, a roof approximately two years old, and a water heater approximately two years old. The fully enclosed back porch provides additional usable space and a great place to relax or entertain throughout the year. Outside, the property really shines with beautiful, established landscaping featuring an abundance of plants, greenery, and garden areas that create a private and welcoming setting. With four bedrooms, a large kitchen, beautiful landscaping, an enclosed back porch, major recent updates, and a two-car garage, this well-cared-for home in Shady Valley West Addition is ready for its next owner.

Investor Tools

$266,977Estimated Mortgage Balance
$110,023Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,340 /month
Positive
Cash Flow Estimate:
$780 /month

Interested in this property?

Matthew Salsberry

Salsberry Property Mgmt&Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$640/month
$575/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,794
$368,354
2025
$70,000
$298,354
$368,354
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,794
$368,354

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cendera Funding Inc
Conventional
$191,900
No
First
Nov 24, 2015
Dec 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$266,977
$110,023
29%
71%
$1,953/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$2,528/mo
$-601/mo
6.1%

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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