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$285,000
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Property Description
Welcome to 5408 Waterview Dr, a beautifully maintained home nestled in the highly desirable Southwest Arlington area. This property is a vacant flat 0.86 acre. Located near top-rated schools, shopping, dining, and major highways for easy commuting. A rare opportunity to own in an established neighborhood with mature trees and strong community appeal.
Full Property Details
Full Property Details for 5408 Waterview Dr
General
- Price: $285,000
- Taxes: $1,835
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21190216
- Updated: 2/25/2026
- Added to Site: 35 day(s) ago
Location
- County: Tarrant
- Subdivision: Chapparal Valley
- Driving Directions: Drive north on West Green Oaks Bld. Right to Waterview Drive. Turn right. Property is on the right.
School Information
- Elem School District: Arlington ISD
- Midd School District: Arlington ISD
- High School District: Arlington ISD
- Elementary School: Ditto
- High School: Martin
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Year Built: 1971
Lot Features
- Lot Size (Acres): 0.86
- Lot Size (Sq. Ft.): 37,461.6
- Lot Size Source: Owner
- Lot Features: Cleared, Level, Other, Few Trees, City Lot
- Potential Use: Multi-Family
- Zoning: RES
Financial Considerations
- Tax Amount: $1,835
- Terms: Cash, Conventional, FHA, Other, VA Loan
Disclosures and Reports
- Legal Description: CHAPPARAL VALLEY BLOCK 1 LOT 23
- Property ID: 526681
- Block: 1
- Lot Number: 23
Listed by Beycome Brokerage Realty LLC, Steve Koleno
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Schools
Schools serving 5408 Waterview Dr
School District:Arlington Independent School District
| Name | Grades | Distance |
|---|---|---|
Ditto Elementary School 3001 Quail Lane, Arlington, TX 76016 | K-6 | 0.2 mi |
Young J High School 3200 Woodside Drive, Arlington, TX 76016 | 7-8 | 0.8 mi |
Martin High School 4501 West Pleasant Ridge Road, Arlington, TX 76016 | 9-12 | 1 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 5408 Waterview Dr
Date
Details
Price
Change
Source
2/25/2026
Listed
$285,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5408 Waterview Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,835
-1%
$83,944
—
2023
$1,852
—
$83,944
-1%
2023
$1,852
-6%
$84,741
7%
2022
$1,975
18%
$79,398
22%
2021
$1,674
-2%
$65,297
-1%
2020
$1,707
3%
$65,696
-1%
2019
$1,662
-3%
$66,196
—
2018
$1,720
-1%
$66,196
—
2017
$1,732
-3%
$66,196
-2%
2016
$1,794
-1%
$67,391
—
2015
$1,819
8%
$67,300
5%
2014
$1,685
-3%
$63,875
-5%
2013
$1,737
—
$67,300
—
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 5408 Waterview Dr
5408 Waterview Drive, Arlington, TX 76016 (MLS# 21190216) is a Lots/Land property with a lot size of 0.86 acres. 5408 Waterview Drive is currently listed for $285,000 and was received on February 25, 2026. Want to learn more about 5408 Waterview Drive? Do you have questions about finding other Lots/Land real estate for sale in Arlington? You can browse all Arlington real estate or contact a Coldwell Banker agent to request more information.

