2321 Megan Way
Arlington, TX, 76016 $ 539,000
Bedrooms4 Baths3.1 Sq 3,167 Monthly Estimate*
$ 3,723
for $539,000 with 4 bedrooms and 3 full baths, 1 half bath. This 3,167 square foot home was built in 1992 on a lot size of 0.255.
Privacy, mature trees, a private backyard, and a peaceful setting come together in this beautifully maintained home at the end of a quiet cul de sac with no HOA. Just five minutes from Lake Arlington, the location puts boating, fishing, parks, and outdoor recreation close by while offering the comfort of an established neighborhood. With 3,169 square feet, the flexible floor plan features four bedrooms, three full bathrooms, a powder bath, two spacious living areas, and two dining areas, providing plenty of space for everyday living and entertaining. One bedroom and full bathroom are located on their own private hallway, offering an ideal setup for multigenerational living, guests, or added privacy. The updated kitchen features granite countertops, a decorative backsplash, updated sink and faucet, 2025 microwave, rich 52 inch cabinetry, under cabinet lighting, generous workspace, and abundant storage. Surrounded by mature trees with no neighbors behind, the backyard offers the privacy many buyers are searching for. The beautifully refinished pool and spa create an inviting setting for summer fun, while the covered patio provides a comfortable space for relaxing or hosting cookouts, complete with a gas line for your outdoor grill. An updated pool pump, filtration system, and pool heater add to the enjoyment and convenience of this outdoor retreat. Recent improvements include a 2023 roof with gutters, exterior shutters, approximately 75 percent of the windows replaced, and recent flooring added throughout the upstairs. Thoughtfully refreshed landscaping and flagstone add attractive curb appeal and enhance the outdoor living spaces. With a private backyard, pool and spa, covered patio, flexible living spaces, extensive updates, and convenient access to Lake Arlington, this home offers the lifestyle features buyers are actively searching for.
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FeaturesInteriorInterior Features Built-in Features Cable TV Available Cathedral Ceiling(s) Chandelier Decorative Lighting Double Vanity Eat-in Kitchen Flat Screen Wiring Granite Counters High Speed Internet Available Open Floorplan
Flooring Carpet Tile Wood
Basement Y/N 0
Dining Areas 2
Living Areas 2
Half Baths 1
Total Bedrooms 4
Total Baths 4
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GeneralHeating Electric Heat Pump
Cooling Attic Fan Ceiling Fan(s) Central Air Electric
Utilities Cable Available City Sewer City Water Concrete Curbs Individual Gas Meter Individual Water Meter
Possession Closing/Funding Negotiable
Roof Asphalt
Appliances Vented Exhaust Fan
Number of Garage Spaces 2
School District Arlington ISD
Pool Y/N 1
Exclusions Dining room chandelier
Year Built 1992
Architectural Style Traditional
Levels Two
Property Subtype Single Family Residence
Subdivision Name Watercrest Estates
Transaction Type For Sale
Occupant Type Owner
County Tarrant
Property Type Residential
Construction Materials Brick
Year Built Details Preowned
Accessory Unit Y/N N
HOA Type None
Special Notes Aerial Photo
Full Baths 3
Status Active
Directions GPS Friendly
City Arlington
Elementary School Name Ditto
High School Arlington
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 Rain Gutters Lighting Storage
Lot Features Cul-De-Sac Interior Lot Landscaped Lrg. Backyard Grass Oak Sprinkler System Subdivision
Vegetation Grassed Partially Wooded
Fencing Back Yard Wood
Soil Type Unknown
Garage Length 24
Garage Width 22
Lot Size Source Public Records
Parking Features Concrete Garage Double Door Garage Faces Side
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab
Pool Features Fenced Gunite In Ground Pool Sweep Pool/Spa Combo Pump Water Feature Waterfall
Structural Style Single Detached
Garage Y/N 1
Attached Garage Y/N 1
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $3,723
- Monthly Property Taxes
- $805
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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 NearbySingle family listings in Arlington, TX
Average List Price $427,932
Percent of Sale Price 21%
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 |
|---|
| 10/1/2026 | $539,000 | -2.00% | Price Down |
| 9/3/2026 | $550,000 | -0.90% | Price Down |
| 8/19/2026 | $555,000 | -0.89% | Price Down |
| 7/8/2026 | $560,000 | | Listed Price |