Typical home value
$342,861-0.7% year over year
ZIP 76016 · Single-family homes
Aug 2026
For sale · House · Active
5816 Gatewood Drive · Arlington, TX 76016
See the spaces. Picture the possibilities.
Nestled on an oversized lot in a quiet, established neighborhood, this traditional home welcomes you with warmth from the moment you enter. The three-bedroom, three-bath layout features a formal dining room, a living room anchored by a cozy fireplace, an updated galley kitchen, and a sunlit breakfast nook. A second living area opens directly to the backyard, offering flexible space for entertaining or everyday living. The spacious primary suite enjoys private backyard access, where a large patio invites slow mornings with coffee and laid-back weekends. Beyond it, the expansive backyard delivers room to garden, play, or simply breathe. Located minutes from Arlington's vibrant dining, shopping, and entertainment scene, this home balances peaceful retreat with urban convenience. Schedule your showing today.
Listing ID: 21386898 · Keller Williams Fort Worth · Updated 2026-10-10T18:04:55.693-00:00
The listing agent and brokerage represent this listing. Lirix handles inquiries submitted on this site.
Current versus original asking price is not a complete price history. Cumulative days may span listing periods.
Schools are reported by the listing source. Verify attendance boundaries and enrollment directly with the district; no ratings or guaranteed assignment are provided.
Tax year is not supplied. This is reported in the listing information, not a current tax quote or market valuation.
THE AREA IN NUMBERS
Arlington, TX · Property ZIP 76016
-0.7% year over year
ZIP 76016 · Single-family homes
Aug 2026
ZIP 76016 · All homes plus multifamily
Aug 2026
Typical single-family home values for ZIP 76016. Smoothed and seasonally adjusted. Chart range: $342,520–$360,296.
| Month | Typical home value |
|---|---|
| Sep 2024 | $360,296 |
| Oct 2024 | $360,131 |
| Nov 2024 | $359,350 |
| Dec 2024 | $358,494 |
| Jan 2025 | $357,630 |
| Feb 2025 | $356,917 |
| Mar 2025 | $355,330 |
| Apr 2025 | $353,177 |
| May 2025 | $350,675 |
| Jun 2025 | $348,294 |
| Jul 2025 | $346,519 |
| Aug 2025 | $345,247 |
| Sep 2025 | $344,828 |
| Oct 2025 | $344,654 |
| Nov 2025 | $344,714 |
| Dec 2025 | $344,729 |
| Jan 2026 | $344,335 |
| Feb 2026 | $343,905 |
| Mar 2026 | $343,462 |
| Apr 2026 | $343,363 |
| May 2026 | $343,037 |
| Jun 2026 | $342,810 |
| Jul 2026 | $342,520 |
| Aug 2026 | $342,861 |
Dallas–Fort Worth · Single-family homes and condos/co-ops
Aug 2026
Dallas–Fort Worth · Single-family homes and condos/co-ops
Aug 2026
Source: Zillow Research. Regional statistics are not this home’s Zestimate, appraisal or sold price. Inventory counts homes listed during the month; days to pending excludes the closing period.
PLAN YOUR POSSIBILITIES
—/ month · principal & interest
Illustrative fixed-rate estimate, principal and interest only. The 6.5% starting rate is an example, not a current lender quote. Taxes, insurance, HOA fees, PMI and closing costs are excluded. Not a loan offer. Final payment may vary for rounding.
| Year | Payment | Principal | Interest | Balance |
|---|
Built 1977 · 0.193 acre lot · 2 garage spaces · 38 cumulative days listed
$5,000 below original asking price
5804 Ridge DriveArlington, TX 76016
*Living area; units not supplied by MLS.
Listed by Mark Spain Real Estate · MLS 21367673
Built 1985 · 0.262 acre lot · 2 garage spaces · 84 cumulative days listed
$85,900 below original asking price
2815 Perkins RoadArlington, TX 76016
*Living area; units not supplied by MLS.
Listed by Dream City Realty LLC · MLS 21303231
Built 1977 · 0.177 acre lot · 2 garage spaces · 28 cumulative days listed
$5,010 below original asking price
2500 Highgate DriveArlington, TX 76016
*Living area; units not supplied by MLS.
Listed by Monument Realty · MLS 21375722
Built 1978 · 0.321 acre lot · 2 garage spaces · 107 cumulative days listed
$125,000 below original asking price
6102 Waterview DriveArlington, TX 76016
*Living area; units not supplied by MLS.
Listed by Griffith Realty Group · MLS 21311516
Built 1992 · 0.255 acre lot · 2 garage spaces · 92 cumulative days listed
$21,000 below original asking price
2321 Megan WayArlington, TX 76016
*Living area; units not supplied by MLS.
Listed by Norvell & Co LLC · MLS 21321110
Built 1978 · 0.165 acre lot · 2 garage spaces · 73 cumulative days listed
$10,000 below original asking price
2509 Smouldering Wood DriveArlington, TX 76016
*Living area; units not supplied by MLS.
Listed by Evolve Real Estate LLC · MLS 21333716