Typical home value
$343,231-1.0% year over year
ZIP 76012 · Single-family homes
Aug 2026
For sale · House · Active
1505 Terrace Street · Arlington, TX 76012
See the spaces. Picture the possibilities.
Beautifully updated and full of comfortable living space, this 3-bedroom, 2-bath home offers a flexible layout in a convenient location. Mature trees frame the property and provide plenty of shade, while the large covered front porch creates a welcoming spot to relax and enjoy the outdoors. Inside, the main living room features a wood-burning fireplace that adds warmth and character to the space. A second living area adjoins the dining room, giving you extra room to spread out, entertain or create a setup that works for your lifestyle. Both spaces have been updated with laminate wood flooring for a clean, cohesive look. The galley-style kitchen combines function with attractive finishes, including granite countertops, stainless steel appliances and a decorative backsplash. Part of the garage has been converted into an additional room, offering plenty of possibilities as a fourth bedroom, home office, game room, hobby area or flexible bonus space. Two secondary bedrooms share the guest bath, while the generously sized primary suite includes its own private bath. Outside, the shaded backyard provides plenty of room for playing sports, gathering with friends and family or simply enjoying time outdoors, with ample parking adding to the home's everyday convenience. Located near Central Arlington, the home offers easy access to shopping, dining, schools, entertainment and many of the conveniences Arlington has to offer.
Listing ID: 21394178 · Path · Updated 2026-09-30T19:48:21.427-00:00
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 76012
-1.0% year over year
ZIP 76012 · Single-family homes
Aug 2026
ZIP 76012 · All homes plus multifamily
Aug 2026
Typical single-family home values for ZIP 76012. Smoothed and seasonally adjusted. Chart range: $342,922–$360,524.
| Month | Typical home value |
|---|---|
| Sep 2024 | $360,524 |
| Oct 2024 | $360,206 |
| Nov 2024 | $359,685 |
| Dec 2024 | $359,202 |
| Jan 2025 | $358,623 |
| Feb 2025 | $357,775 |
| Mar 2025 | $356,182 |
| Apr 2025 | $354,262 |
| May 2025 | $352,374 |
| Jun 2025 | $350,440 |
| Jul 2025 | $348,559 |
| Aug 2025 | $346,737 |
| Sep 2025 | $345,504 |
| Oct 2025 | $344,785 |
| Nov 2025 | $344,754 |
| Dec 2025 | $345,221 |
| Jan 2026 | $345,416 |
| Feb 2026 | $345,343 |
| Mar 2026 | $344,872 |
| Apr 2026 | $344,538 |
| May 2026 | $343,912 |
| Jun 2026 | $343,366 |
| Jul 2026 | $342,922 |
| Aug 2026 | $343,231 |
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 1954 · 0.277 acre lot · 71 cumulative days listed
$57,500 below original asking price
1008 Ross TrailArlington, TX 76012
*Living area; units not supplied by MLS.
Listed by DHS Realty · MLS 21342069
Built 1956 · 0.251 acre lot · 2 garage spaces · 50 cumulative days listed
$12,900 below original asking price
1200 Barker StreetArlington, TX 76012
*Living area; units not supplied by MLS.
Listed by Monument Realty · MLS 21331414
Built 1978 · 0.169 acre lot · 2 garage spaces · 5 cumulative days listed
802 Matthews CourtArlington, TX 76012
*Living area; units not supplied by MLS.
Listed by Fathom Realty · MLS 21341294
Built 1978 · 0.169 acre lot · 2 garage spaces · 59 cumulative days listed
$7,000 below original asking price
704 Matthews CourtArlington, TX 76012
*Living area; units not supplied by MLS.
Listed by Texcel Real Estate, LLC · MLS 21344874
Built 1981 · 0.028 acre lot · 0 garage spaces · 6 cumulative days listed
1600 Pecan Chase Circle 6Arlington, TX 76012
*Living area; units not supplied by MLS.
Listed by eXp Realty LLC · MLS 21375062
Built 1962 · 0.152 acre lot · 2 garage spaces · 0 cumulative days listed
1114 Paula DriveArlington, TX 76012
*Living area; units not supplied by MLS.
Listed by Texcel Real Estate, LLC · MLS 21376114