Tarrant Value

124 Parkwood Ave, Arlington, TX 76013

2,003 sqft, built 1948, in Terrace Oaks. Appraised at $246,684 for 2026.

Tarrant County account 02006103

In line with similar homes

8 similar homes nearby support a value at or above your county value.

Appraised value$246,684
Similar homes$304,075
No gap: similar homes are at or above the county value · bars start at $0

How sure: High · 8 similar homes (5 shown below) · public records only

Appraised value
$246,684
Tax year 2026 · after any cap, before exemptions
Market value
$355,939
Living area
2,003 sqft
$123 per sqft
Year built
1948
Homestead
Yes
Owner-occupied exemption on file

What we found

Unequal assessment

Weak

0 of 8 similar homes are assessed lower per square foot. Their similarity-weighted median is $151.81/sqft, which supports a value of $304,075.

Compare this assessment

Start with the county value and property facts, then review appraisal comps, recent sales, and prior-year changes to decide whether the assessment is worth challenging. The comps on this page are free to review; email sign-in is only used to save a printable report.

For nearby context, browse ZIP 76013, Terrace Oaks, and Arlington assessment pages.

Protest deadline

The 2026 protest deadline was . The 2027 protest deadline is . 2027 notices usually arrive in April.

Deadline rule: May 15, or 30 days after your notice of appraised value is mailed, whichever is later. A deadline on a weekend or holiday moves to the next business day. Evidence is reviewed by the Appraisal Review Board (ARB). Dates checked against the official source.

Assessment snapshot

These public TAD records highlight what may be worth checking before you file.

  • Assessment changeThe appraised value increased 10.0% from $224,258 in 2025 to $246,684 in 2026.
  • Appraised value per square footThe current public record shows about $123 per square foot before any comparable-property adjustments.
  • Market/appraised spreadThe county market value is $109,255 above the appraised value used on this page.
  • Nearby comparison areaThis page starts the equity review with public records for the Terrace Oaks neighborhood and ZIP 76013.
  • Neighborhood value signalAmong 421 residential records in the same neighborhood, the average appraised value is about $158 per square foot.
  • Area year-over-year signalNearby residential records with prior-year values moved about +2.2% on average.

Comparable assessments

Showing 5 of the 8 similar homes in this property's equity comparison, from public appraisal records.

  • 504 Sunset Ct, Arlington, TX 76013
    1,971 sqft | $152/sqft | built 1949 | Similar size (1,971 vs 2,003 sqft); Similar age (1949 vs 1948); Similar lot size (12,079 vs 13,200 sqft)
    $299,221
  • 105 Parkwood Ave, Arlington, TX 76013
    1,905 sqft | $125/sqft | built 1948 | Similar size (1,905 vs 2,003 sqft); Built same year (1948); Similar lot size (13,425 vs 13,200 sqft)
    $238,312
  • 124 Varsity Cir, Arlington, TX 76003
    1,990 sqft | $150/sqft | built 1950 | Similar size (1,990 vs 2,003 sqft); Similar age (1950 vs 1948); Similar lot size (12,000 vs 13,200 sqft)
    $298,915
  • 210 University Dr, Arlington, TX 76013
    1,858 sqft | $171/sqft | built 1950 | 7% smaller (1,858 vs 2,003 sqft); Similar age (1950 vs 1948); Similar lot size (12,320 vs 13,200 sqft)
    $317,638
  • 123 Varsity Cir, Arlington, TX 76015
    2,092 sqft | $146/sqft | built 1950 | Similar size (2,092 vs 2,003 sqft); Similar age (1950 vs 1948); Similar lot size (12,600 vs 13,200 sqft)
    $304,607

Recent comparable sales

Sales selected by similarity to the subject property. Texas is a non-disclosure state, so these MLS-listed sales are supplemental evidence.

Public appraisal comparison for 2026. Prepared . Appraisal source: Tarrant Appraisal District. Sales data checked in this snapshot: . Matches consider available size, age, location and property characteristics. How comparisons work.

Value history

Up 10.0% in 2026 from 2025.

Appraised value by tax year, with the change from the previous year listed
Tax yearAppraised valueChangeChange %
2026$246,684+$22,426+10.0%
2025$224,258+$20,387+10.0%
2024$203,871+$18,534+10.0%
2023$185,337+$16,849+10.0%
2022$168,488+$15,317+10.0%
2021$153,171——
5-year total+$93,513+61.1%