38Days on Market

2view

$382,500

10236 Sourwood Drive, Fort Worth, TX, 76244

On Market

4 Beds

3 Bath

2,608 Sq Ft

Single Family Residence

$146.66 / sqft

Built in 2002

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Electric Cooktop, Electric Oven, Disposal, Gas Water Heater, Microwave, Vented Exhaust Fan, Water Purifier

FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size10,450 sqft

Building Information

Year Built2002

Stories2

Garage Spaces2

Land Information

APN44732H-5-16

Lot Number16

SubdivisionVista Meadows Addition

Land UseResidential

Legal DescriptionVISTA MEADOWS ADDITION BLOCK 5 LOT 16

Census Tract113935

Assessed Land Value$65,000

Assessed Improvement Value$320,549

Assessment Year2025

About this property

MOTIVATED SELLER + CONCESSIONS! Beautifully maintained 4-bedroom, 2.5-bath home on a rare oversized double lot in Keller ISD! Located on a quiet street, this spacious two-story home features an open-concept layout with a gas-start fireplace, abundant storage, hardwood floors in the dining room, and a large upstairs game room-second living area. The private primary suite is downstairs, with three additional bedrooms upstairs. Enjoy the largest backyard on the block, complete with a garden area, 6x12 shed, and double gates for easy access. Recent updates include an Alderwood front door, solar screens, upgraded Fire & Ice roof with 3D shingles, newer water heater, integrated security system, and sprinkler system with new controller. HVAC has been regularly serviced. Conveniently located just minutes from Presidio Junction and Alliance Town Center for shopping, dining, and entertainment. Don’t miss this incredible opportunity!

Investor Tools

$341,902Estimated Mortgage Balance

$51,098Estimated Equity

13% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,358 /month

Positive

Cash Flow Estimate:

$786 /month

Interested in this property?

Christopher Reed

Monument Realty

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$692/month

$450/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,344

$385,549

2025

$65,000

$320,549

$385,549

Tax History

Year

Tax Paid

Assessed Value

2025

$6,344

$385,549

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

David Rackley

Land Contract (Argmt. Of Sale)

$340,000

First

Oct 7, 2024

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$341,902

$51,098

13%

87%

$2,113/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,570/mo

$2,563/mo

+$1,007/mo

10.9%

Learn About the Market: Opportunity in Fort Worth

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Fort Worth

Fort Worth has transformed into one of the fastest-growing large cities in America. Anchoring the western side of the Dallas–Fort Worth Metroplex, the city combines its historic cattle industry and western heritage with modern economic strength. Major employers include aerospace and defense firms, healthcare systems, transportation companies, and advanced manufacturers.

With over one million residents and continued population growth at one of the fastest rates among major U.S. cities, Fort Worth offers relatively affordable housing compared to many peer cities while maintaining the economic advantages of a major metropolitan area. From North Fort Worth growth corridors to established neighborhoods, the city attracts homebuyers, businesses, and new residents seeking opportunity and affordability.

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