
$525,000
NAL Estimated Property Value4615 Lake Park Drive, Arlington, TX, 76016
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AMAZING opportunity to purchase unique property in Lake Park Estates. Property has private side entrance and courtyard to large double bedroom office with en suite bath that connects to main house. Large bedrooms, lots of natural light and enough space to entertain and host family. Tons of storage space with enclosed bonus storage room between garage and utility room entrance. Backyard is a large blank canvas with a private second level balcony. Area is currently under capital improvement project construction that is expanding sidewalks, adding bicycle trails, street lights, storm drain improvements and more. Construction is expected to be completed by October 2023. This property is being sold AS IS for the current list price. However, please ask selling agent for details about possible renovations seller is willing to do if the cost of renovations is added to purchase price. Please schedule through SHOWINGTIME to get combo code.
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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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