




$550,000
$575,000
1724 Prestonwood Drive, Arlington, TX, 76012
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About this property
Perched on a beautifully treed .42-acre lot, this distinctive multi-level home offers space, character, and exceptional outdoor living. Designed to take advantage of the fabulous views, the home features soaring ceilings, walls of windows, and a dramatic stone fireplace that anchors the main living area. The flexible floorplan includes 3 bedrooms, 3 full baths, plus a versatile bonus room ideal for a home office, formal dining, or additional living space. The oversized primary retreat offers abundant space along with a spacious ensuite bath featuring dual vanities, soaking tub, and separate shower. The updated kitchen is equipped with stainless appliances, farmhouse sink, island workspace, and generous storage. Downstairs, an expansive secondary living area provides endless possibilities for a game room, media room, or guest retreat. Step outside to enjoy multiple outdoor living spaces, including elevated decks overlooking the backyard oasis. The recently remodeled swimming pool is perfectly positioned within the private backyard surrounded by mature trees, creating a peaceful retreat for relaxing or entertaining. Car enthusiasts and adventurers will appreciate the 3-car garage, extra RV parking, and circular drive offering ample parking and convenience. A truly one-of-a-kind property. This is a Fannie Mae HomePath property. First Time Buyers, complete the HomePath Ready Buyer homeownership course on the homepath website and receive up to 3% closing cost assistance. Check HomePath website for more details. Restrictions apply. Some photos have been digitally enhanced or virtually staged. Buyer and buyer's agent to verify all information.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Arlington
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