5843 Lake Point Drive
Arlington, TX, 76016 $ 247,500
Bedrooms2 Baths2.1 Sq 1,426 Monthly Estimate*
$ 1,544
for $247,500 with 2 bedrooms and 2 full baths, 1 half bath. This 1,426 square foot condo was built in 1985 on a lot size of 0.093.
Back on market, their loss, your gain! Rare find, carefree living! Welcome to this beautiful condo offering the perfect blend of comfort and style. Step into the lush backyard with vibrant flower beds, rich green grass, and a covered patio—an inviting retreat for relaxing or entertaining. Inside, the spacious open floor plan features a stunning kitchen with granite countertops, crisp white cabinets, and stainless steel appliances. The kitchen flows seamlessly into the large family room, highlighted by a charming white brick fireplace with electric insert. A convenient half bath and gleaming hardwood floors complete the main living space. Upstairs, the oversized primary suite is a true retreat with a nice closet plus 3 closets in the hallway, dual sinks, granite countertops, a large walk-in shower. and a nice balcony with double doors. A second bedroom and full bath provide additional comfort for guests. Storage is abundant throughout, with a large walk-in closet on the first floor, plus a two-car garage offering additional space. Washer, dryer, and refrigerator convey with the property. Electric runs $80-$150 per month and water about $50 per month. The condo HOA fees cover all exterior maintenance, roof, foundation, yard maintenance…mowing front and back yard, sprinkler system, hedge trimming, and water for the sprinkler system. This home combines elegance, functionality, and thoughtful details—making it an ideal place to call home. Just a couple of blocks from Lake Arlington, nice parks, and the Activ.
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FeaturesInteriorInterior Features Granite Counters Open Floorplan Walk-In Closet(s)
Flooring Carpet Wood
Basement Y/N 0
Dining Areas 1
Living Areas 1
Half Baths 1
Total Bedrooms 2
Total Baths 3
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GeneralHeating Central Electric
Cooling Ceiling Fan(s) Central Air Electric
Utilities City Sewer City Water
Possession Closing/Funding
Roof Composition
Appliances Dishwasher Disposal Electric Cooktop Electric Oven Microwave
Assoc Fees 341
Number of Garage Spaces 2
School District Arlington ISD
HOA Fee Includes Maintenance Grounds Maintenance Structure Management Fees
Pool Y/N 0
Exclusions Esperanza Plant in the back yard.
Year Built 1985
Levels Two
Property Subtype Condominium
Subdivision Name Waterwood Village
Transaction Type For Sale
Occupant Type Owner
County Tarrant
Property Type Residential
Construction Materials Brick
HOA Type Mandatory
Full Baths 2
Status Active
Directions Follow GPS
City Arlington
Elementary School Name Ditto
High School Martin
Elementary School Ditto
Standard Status Active
Junior High School Young
Listing Terms Cash Conventional FHA VA Loan
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ExteriorWaterfront 0
Exterior Features Covered Patio/Porch
Vegetation Grassed
Fencing Wood
Soil Type Unknown
Parking Features Garage Garage Door Opener Garage Double Door Garage Faces Front Garage Single Door
Lot Size Less Than .5 Acre (not Zero)
Structural Style Condo/Townhome
Garage Y/N 1
Attached Garage Y/N 1
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* Excluded FeaturesList ByRenee BensonListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $1,544
- Monthly Property Taxes
- $411
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCondo listings in Arlington, TX
Average List Price $172,840
Percent of Sale Price 30%
About Arlington, TX 387,356 Population
17% Since 2002
$ 56,068 Median Income
34.11 Median Age
33% Households with Children
Trends Information provided by ATTOM Data Solutions.
288303 Elementary School
3672487 Middle School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/21/2025 | $247,500 | -1.00% | Price Down |
| 9/12/2025 | $250,000 | | Listed Price |