This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/39
$399,900 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/39
Property Description
Opportunity meets potential in this spacious Arlington home, where size, layout, and location come together to create a property ready for move in! This spacious 4 bedroom home offers over 2,400 square feet of functional living space in the established Shady Valley West neighborhood of Arlington. The layout features multiple living and dining areas providing flexibility for everyday living, entertaining, or creating dedicated work or hobby spaces. The kitchen is centrally located with an island that opens to the main living area, plenty of cabinet space, gas appliances, and skylight. A split-bedroom design places the primary suite separately from the secondary bedrooms, offering added privacy and a practical arrangement. The backyard provides a usable outdoor space with room for future enhancements or personalization. The interior has luxury vinyl plank flooring throughout most of the home with carpet in the bedrooms and ceramic tile in the bathrooms. Convenient access to major highways, retail, and dining adds to the overall appeal of the location. This property combines size, layout, and location with the potential to add value through thoughtful updates.
Full Property Details
Full Property Details for 1314 Pegasus Dr
General
- Price: $399,900
- HOA FEE: $48/month
- HOA FEE FREQ.: Annually
- Taxes: $7,175
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21237973
- Updated: 4/13/2026
- Added to Site: Today
Interior
- Interior Features: Decorative/Designer Lighting Fixtures, High Speed Internet, Kitchen Island, Open Floorplan, Cable TV, Vaulted Ceiling(s), Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas, Gas Log
- Appliances: Some Gas Appliances, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Gas Water Heater, Microwave, Plumbed For Gas, Refrigerator
- Flooring: Carpet, Ceramic Tile, Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup, ElectricDryer Hookup, GasDryer Hookup, Laundry in Utility Room
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Door-Multi, Driveway, Enclosed, Garage Faces Front, Garage, Garage Door Opener, Inside Entrance, Kitchen Level
Location
- County: Tarrant
- Subdivision: Shady Valley West Add
- Driving Directions: gps
School Information
- Elem School District: Arlington ISD
- Midd School District: Arlington ISD
- High School District: Arlington ISD
- Elementary School: Duff
- High School: Arlington
Community
- Gated community: Yes
- Association: Yes
- Assoc. Name: Shady Valley West HOA
- Assoc. Fees Include: Association Management
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Sewer Available, Water Available, Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: Ranch, Traditional, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick, Wood Siding
- Roof: Composition
- Stories/Levels: 1
- Living Area: 2,416 Sq. Ft.
- Year Built: 1999
Lot Features
- Lot Size (Acres): 0.171
- Lot Size (Sq. Ft.): 7,448.76
- Fencing (Description): Wood
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Association Fee: $575
- Assoc Fee Freq.: Annually
- Tax Amount: $7,175
Disclosures and Reports
- Legal Description: SHADY VALLEY WEST ADDITION BLOCK 3 LOT 33
- Property ID: 7078315
- Block: 3
- Lot Number: 33
Listed by Aplomb Real Estate, Chad Joyce
Get Pre-Approved Today
Schools
Schools serving 1314 Pegasus Dr
School District:Arlington Independent School District
| Name | Grades | Distance |
|---|---|---|
Duff Elementary School 3100 Lynnwood Drive, Arlington, TX 76013 | K-6 | 1.2 mi |
Bailey J High School 2411 Winewood Lane, Arlington, TX 76013 | 7-8 | 1.9 mi |
Arlington High School 818 West Park Row Drive, Arlington, TX 76013 | 9-12 | 3.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1314 Pegasus Dr
Date
Details
Price
Change
Source
4/13/2026
Listed
$399,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1314 Pegasus Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,327
-5%
$328,219
-14%
2023
$8,728
—
$381,000
-9%
2023
$8,728
-3%
$420,400
17%
2022
$8,952
142%
$359,946
15%
2021
$3,705
2%
$312,072
9%
2020
$3,649
-43%
$286,956
17%
2018
$6,347
-6%
$244,317
-9%
2019
$6,749
5%
$268,749
10%
2017
$6,420
7%
$245,334
9%
2016
$6,000
1%
$225,418
3%
2015
$5,926
22%
$219,275
8%
2013
$4,848
—
$202,400
8%
2013
$4,848
—
$187,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1314 Pegasus Dr
1314 Pegasus Drive, Arlington, TX 76013 (MLS# 21237973) is a Single Family property with 4 bedrooms and 2 full bathrooms. 1314 Pegasus Drive is currently listed for $399,900 and was received on April 13, 2026. Want to learn more about 1314 Pegasus Drive? Do you have questions about finding other Single Family real estate for sale in Arlington? You can browse all Arlington real estate or contact a Coldwell Banker agent to request more information.

