Date
Details
Price
Change
Source
8/29/2026
Listed
$390,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Welcome to 1327 Pegasus Drive, located in the gated Shady Valley West Addition! This beautifully maintained 4-bedroom, 2-bath home offers a spacious and functional floor plan, impressive outdoor spaces, and numerous recent updates. At the heart of the home is a large kitchen featuring granite countertops, a center island, ample cabinet and prep space, and plenty of room for gathering and entertaining. A designated dining room provides a separate space for meals and special occasions, while the inviting living area is centered around a gas fireplace-perfect for relaxing evenings or entertaining family and friends. The spacious primary suite features a private ensuite bathroom with a garden tub, separate walk-in shower, large vanity area, and walk-in closet. Three additional bedrooms provide plenty of flexibility for family, guests, a home office, or hobbies. A separate utility room and two-car garage add storage and everyday convenience. LVP and tile flooring run throughout the home with no carpet. Major improvements include new windows, a roof approximately two years old, and a water heater approximately two years old. The fully enclosed back porch provides additional usable space and a great place to relax or entertain throughout the year. Outside, the property really shines with beautiful, established landscaping featuring an abundance of plants, greenery, and garden areas that create a private and welcoming setting. With four bedrooms, a large kitchen, beautiful landscaping, an enclosed back porch, major recent updates, and a two-car garage, this well-cared-for home in Shady Valley West Addition is ready for its next owner.
Full Property Details
Full Property Details for 1327 Pegasus Dr
General
- Price: $390,000
- HOA FEE: $48/month
- HOA FEE FREQ.: Annually
- Taxes: $8,053
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21372886
- Updated: 8/29/2026
- Added to Site: 5 day(s) ago
Interior
- Interior Features: Eat-in Kitchen, Granite Counters, 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
- Appliances: Dishwasher, Electric Oven, Gas Cooktop, Gas Water Heater
- Flooring: Ceramic Tile, Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Common Area, Washer Hookup, Dryer Hookup, Laundry in Utility Room
Additional Information
- Security/Safety: Security System, Fire Alarm, Smoke Detector(s)
Exterior
- Exterior Features: Garden, Lighting, Outdoor Grill, Outdoor Kitchen, Private Yard, Storage
- Porch/Patio/Deck: Enclosed, Glass Enclosed, Patio, See Remarks, Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Driveway, Garage Faces Front, Garage, Garage Door Opener, On Street
Location
- County: Tarrant
- Subdivision: Shady Valley West Add
- Driving Directions: See GPS
School Information
- Elem School District: Arlington ISD
- Midd School District: Arlington ISD
- High School District: Arlington ISD
- Elementary School: Duff
- Middle School: Bailey
- High School: Arlington
Community
- Gated community: Yes
- Association: Yes
- Assoc. Name: Shady Valley West HOA
- Assoc. Fees Include: Association Management, Security
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Fireplace(s), Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Separate Meters, Water Available, Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick
- Roof: Shingle
- Windows: Window Coverings
- Stories/Levels: 1
- Living Area: 1,879 Sq. Ft.
- Year Built: 1998
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.165
- Lot Size (Sq. Ft.): 7,187
- Lot Size Source: Public Records
- Sidewalks: Yes
- Lot Features: Back Yard, Greenbelt, Interior Lot, Lawn, Landscaped, Level, Many Trees, Subdivision, Sprinkler System
- Fencing (Description): Back Yard, Fenced, Gate, Wood
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Association Fee: $575
- Assoc Fee Freq.: Annually
- Tax Amount: $8,053
Disclosures and Reports
- Legal Description: SHADY VALLEY WEST ADDITION BLOCK 4 LOT 2
- Property ID: 7078439
- Block: 4
- Lot Number: 2
Listed by Salsberry Property Mgmt&Realty, Matthew Salsberry
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Listing agents
— 1327 Pegasus Dr —
Matthew Salsberry
Salsberry Property Mgmt&Realty
Matthew Salsberry
Salsberry Property Mgmt&Realty
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1327 Pegasus Dr
School District:Arlington Independent School District
| Name | Grades | Distance |
|---|---|---|
Duff Elementary School 3100 Lynnwood Drive, Arlington, TX 76013 | K-6 | 1.1 mi |
Bailey J High School 2411 Winewood Lane, Arlington, TX 76013 | 7-8 | 1.8 mi |
Arlington High School 818 West Park Row Drive, Arlington, TX 76013 | 9-12 | 3.5 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 1327 Pegasus Dr
Tax History
Tax History for 1327 Pegasus Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,794
1%
$368,354
—
2023
$5,762
—
$368,354
-5%
2023
$5,762
-14%
$386,240
17%
2022
$6,703
4%
$331,032
15%
2021
$6,433
9%
$288,132
8%
2020
$5,895
9%
$265,632
27%
2018
$5,417
-6%
$208,525
-9%
2019
$5,760
6%
$229,378
10%
2017
$5,457
-1%
$208,525
1%
2016
$5,522
12%
$207,475
14%
2015
$4,923
13%
$182,190
10%
2014
$4,349
10%
$164,900
7%
2013
$3,963
—
$153,500
—
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 1327 Pegasus Dr
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- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 2Total Baths
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- Single Family
- Active
- Updated 7 hours ago
- 4Beds
- 5Total Baths
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- Active
- Updated 5 days ago
- 3Beds
- 3Total Baths
1327 Pegasus Drive, Arlington, TX 76013 (MLS# 21372886) is a Single Family property with 4 bedrooms and 2 full bathrooms. 1327 Pegasus Drive is currently listed for $390,000 and was received on August 29, 2026. Want to learn more about 1327 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.