
$250,000
NAL Estimated Property Value5500 Chaperito Trl, Arlington, TX, 76016
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About this property
Location, Location, Location! Nearly an acre of easy-to-access land inside the city! Motivated Seller at below market value! Cheapest price per foot for this size lot! Build your dream home in this beautiful, prestigious neighborhood. Prime location with good schools, great access to shopping, and entertainment close to I-20. Minutes from Lake Arlington. Surrounded by beautiful mature trees, and new custom homes are being built. All utilities are already onsite, or easily accessible. Truly a one of a kind opportunity! Super location close to major highways, and great schools! Martin High School and Oakridge Private Schools are a short drive. Utilities are present
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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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