The renovated, two-story bungalow at 5712 40th Pl. in the Hyattsville Hills neighborhood was built in 1921. (Martha Liriano)

Moving across the District line into Prince George’s County can make a big difference in the price of real estate, and so can the willingness to embrace living in less space. The Arts District of Hyattsville, a neighborhood close to D.C., is an urban-style destination with new housing options, shops, restaurants, cafes, a community center, walking trails and pocket parks.

Although new residences in the Arts District can be expensive, an older two-story bungalow at 5712 40th Pl. in the Hyattsville Hills neighborhood, built in 1921 and renovated, is priced at $315,000.

The three-bedroom, two-bathroom house has 836 finished square feet. Property taxes are $2,867 annually, but there’s no homeowner association fee. The move-in-ready house has a front porch, a large fenced back yard and, in some of the rooms, hardwood flooring.

The kitchen has windows on two sides and is open to a dining area with a door to the back deck and yard. The main level has the master bedroom, a second bedroom and a full bathroom. The lower level has a third bedroom, two dens and a second full bathroom. The house has gas heat and gas cooking and window units for air conditioning.

Located less than one mile from the Prince George’s Plaza Metro station for Green Line and Yellow Line service, this house is within a short walk of several bus lines and is a short drive from commuter routes, the District line and the Rhode Island Avenue Metro station for Red Line service.

For more information, contact real estate agent Martha Liriano with Keller Williams Realty at 240-848-5138 or visit http://slideshow.mris.com/slideshow/slideshow.htm?ListingKey=300075289719.

To pass on a tip or item, contact us at realestate@washpost.com and put “Town Square” in the subject line.