For rent · House · Active

2308 Megan Way

2308 Megan Way · Arlington, TX 76016

$4,000 listed rent

LIRIX / PHOTOS

A CLOSER LOOK

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5Bedrooms

4.5Bathrooms

4,125Living area (units not supplied)

HouseHome type

A closer look.

Welcome to this exquisite custom-built home within walking distance to serene Lake Arlington. This residence features an expansive oversized master suite with a lavish walk-in closet, three versatile living areas, a dedicated study, and five spacious bedrooms. Full second primary bedroom with bathroom as well. The gourmet main kitchen and full second kitchen are perfect for entertaining or accommodating multi-generational living. Additionally, the home includes a three-car garage, providing ample storage and parking. Nestled in a tranquil neighborhood, this home seamlessly blends luxury and convenience, offering easy access to outdoor activities at Lake Arlington. Don’t miss this unique opportunity—schedule your private tour today!

Listing ID: 21197224 · Signature Real Estate Group · Updated 2026-09-18T15:53:37.703-00:00

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Property details

Listing agent

Name: Nav Singh
MLS agent ID: 0677564

The listing agent and brokerage represent this listing. Lirix handles inquiries submitted on this site.

Listing activity

Original asking price: $4,250
Cumulative days listed: 199
Listing date: Mar 3, 2026
Price change date: Sep 1, 2026

Current versus original asking price is not a complete price history. Cumulative days may span listing periods.

Home and lot

Year built: 1998
Garage spaces: 3
Subdivision: Watercrest Estates
Lot size: 0.227 acres
Parking: Garage
Pool features: None
Fireplace: Yes
Fireplaces: 1
Architecture: Traditional
Detached

Amenities and utilities

Heating: Central
Cooling: Central Air
Appliances: Dishwasher
Gas Cooktop
Disposal
Utilities: Sewer Available
Water Available

Listed schools

Elementary: Ditto
Middle / junior high: Young
High school: Martin
District: Arlington ISD

Schools are reported by the listing source. Verify attendance boundaries and enrollment directly with the district; no ratings or guaranteed assignment are provided.

Lease terms and expenses

Availability date: Mar 31, 2026
Pets: No
Lease term: 12 Months
Furnished: Unfurnished
Tenant pays: All Utilities

Confirm availability, pet restrictions, deposits, fees and final lease terms with the listing agent.

THE AREA IN NUMBERS

Local market snapshot

Arlington, TX · Property ZIP 76016

Typical home value

$342,861

-0.7% year over year

ZIP 76016 · Single-family homes

Aug 2026

Typical monthly rent

$1,904

ZIP 76016 · All homes plus multifamily

Aug 2026

Explore home value history

Typical single-family home values for ZIP 76016. Smoothed and seasonally adjusted. Chart range: $342,520–$360,296.

Monthly home value index · ZIP 76016
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 market context

Homes for sale

37,227 homes

Dallas–Fort Worth · Single-family homes and condos/co-ops

Aug 2026

Median days to pending

34 days

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.