Typical home value
$342,861-0.7% year over year
ZIP 76016 · Single-family homes
Aug 2026
For rent · Townhouse · Active
5839 Lake Point Drive · Arlington, TX 76016
See the spaces. Picture the possibilities.
Don't miss this lovely townhouse just minutes from Lake Arlington and Richard Simpson Park! HOA cares for the lawn and shrubs. The first floor features a wood-burning fireplace, wet bar, galley kitchen with ample storage, and dedicated dining room. A utility closet and a half bathroom provide convenience, and double doors lead to your private back yard. The second floor offers two bedrooms: The primary suite has its own full bath (complete with dual sinks), two closets, and direct balcony access! A second bedroom, additional full bathroom, and abundant hallway storage complete the second floor. Enjoy hardwood flooring throughout, central air, and spacious layout. Schedule your showing today! No smoking, no subletting. Each applicant age 18+ must apply and be on the lease. Household income must meet 3x the monthly rent; income, credit, rental history, and criminal background will be verified. Convictions of a violent or sexual nature will be denied. Occupant will be responsible for a one-time admin fee of $195, one-time $85 fee for AC filters (6 provided), first month's rent, security deposit, and non-refundable $350 fee per animal (if any) at lease signing. Animals: Breed, size, and number restrictions apply. NO AGGRESSIVE BREEDS OR MIXES. Contact agent before applying if you have questions. All animals must be registered through PetScreening during the application process.
Listing ID: 21306827 · 28th State Premier Properties · Updated 2026-07-04T17:42:15.213-00:00
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.
Confirm current dues, assessments and included services. Missing HOA information does not mean there is no HOA.
Schools are reported by the listing source. Verify attendance boundaries and enrollment directly with the district; no ratings or guaranteed assignment are provided.
Confirm availability, pet restrictions, deposits, fees and final lease terms with the listing agent.
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.
Confirm the rent period with the listing agent. Deposits, fees, lease terms and availability should be confirmed before applying.
Built 1997 · 0.225 acre lot · 2 garage spaces · 8 cumulative days listed
2313 Perkins PlaceArlington, TX 76016
*Living area; units not supplied by MLS.
Rent period and additional fees: confirm with agent.
Listed by Hogan Park Realtors · MLS 21379967
Built 1998 · 0.227 acre lot · 3 garage spaces · 199 cumulative days listed
2308 Megan WayArlington, TX 76016
*Living area; units not supplied by MLS.
Rent period and additional fees: confirm with agent.
Listed by Signature Real Estate Group · MLS 21197224
Built 1979 · 0.264 acre lot · 2 garage spaces · 0 cumulative days listed
2202 Woodsong TrailArlington, TX 76016
*Living area; units not supplied by MLS.
Rent period and additional fees: confirm with agent.
Listed by Competitive Edge Realty LLC · MLS 21409711
Built 1978 · 0.177 acre lot · 2 garage spaces · 0 cumulative days listed
2518 Highgate DriveArlington, TX 76016
*Living area; units not supplied by MLS.
Rent period and additional fees: confirm with agent.
Listed by Silver Keys Realty · MLS 21404068
Built 1975 · 0.165 acre lot · 2 garage spaces · 43 cumulative days listed
2507 Mardell DriveArlington, TX 76016
*Living area; units not supplied by MLS.
Rent period and additional fees: confirm with agent.
Listed by Pinnacle Group REALTORS · MLS 21386043
Built 1975 · 0.196 acre lot · 2 garage spaces · 41 cumulative days listed
2608 Nelwin PlaceArlington, TX 76016
*Living area; units not supplied by MLS.
Rent period and additional fees: confirm with agent.
Listed by EXP REALTY · MLS 21333649