Date
Details
Price
Change
Source
5/22/2026
Listed
$249,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$249,900 Just Listed
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Property Description
Prime Build-Ready Lot just under an acre in Southwest Arlington! Nestled in an established neighborhood, this exceptional homesite at 5408 Waterview Drive offers the rare opportunity to build your custom dream home on a spacious, level lot surrounded by beautiful mature trees. Enjoy the perfect blend of privacy, natural beauty, and peaceful surroundings with city convenience. Flat, accessible, and ready for development, with utilities and driveway access available. Conveniently located near major highways, shopping, dining, and highly regarded schools. A truly exceptional opportunity to build in an highly desirable location with character, charm, and endless potential. Buy today and build your custom home just in time to celebrate the holidays!
Full Property Details
Full Property Details for 5408 Waterview Dr
General
- Price: $249,900
- Taxes: $1,835
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21278654
- Updated: 5/22/2026
- Added to Site: 4 day(s) ago
Business
- Business Type: Build to Suit
Location
- County: Tarrant
- Subdivision: Chapparal Valley
- Driving Directions: Please use GPS.
School Information
- Elem School District: Arlington ISD
- Midd School District: Arlington ISD
- High School District: Arlington ISD
- Elementary School: Ditto
- Middle School: Young
- High School: Martin
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Vacant
- Year Built: 1971
Lot Features
- Lot Size (Acres): 0.86
- Lot Size (Sq. Ft.): 37,461.6
- Frontage: City Street, Asphalt
- Lot Features: Acreage, City Lot
- Potential Use: Residential
- Zoning: RES
- Fencing (Description): Chain Link
Financial Considerations
- Tax Amount: $1,835
- Terms: Cash, Conventional, Federal Land Bank, USDA Loan
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: CHAPPARAL VALLEY BLOCK 1 LOT 23
- Property ID: 526681
- Block: 1
- Lot Number: 23
Listed by Compass RE Texas, LLC., Jennifer Lauren and Compass RE Texas, LLC., Georgie Zang
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agents
— 5408 Waterview Dr —
Jennifer Lauren
Compass RE Texas, LLC.
Georgie Zang
Compass RE Texas, LLC.
817-987-9952
NMLS#: 1598647Get Pre-Approved Today
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
Tax History
Tax History for 5408 Waterview Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$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
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- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 3Total Baths
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- Single Family
- Active
- Updated 12 hours ago
- 3Beds
- 2Total Baths
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 4Total Baths
5408 Waterview Drive, Arlington, TX 76016 (MLS# 21278654) is a Lots/Land property with a lot size of 0.86 acres. 5408 Waterview Drive is currently listed for $249,900 and was received on May 22, 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.