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B+
NoAgentList RatingHow are grades calculated? Info

$304,500

1308 Elkford Ln, Fort Worth, TX, 76247

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,507 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$202.06 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringCeramic Tile, Tile

Exterior

Lot Size5,998 sqft

Building Information

Year Built2011
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR584822
Lot Number30
SubdivisionRiver's Edge Ph 2
Land UseResidential
Legal DescriptionRIVER'S EDGE PH 2 BLK 11 LOT 30
Census Tract020320
Assessed Land Value$87,000
Assessed Improvement Value$195,884
Assessment Year2025

About this property

This charming 3 bedroom, 2 bath is a perfect home for you and your family! Situated on a beautiful lot, this home offers stunning curb appeal with a nicely landscaped yard, and a driveway leading to a two-car garage. Upon entering, you’re welcomed by the open plan layout, allowing plenty of natural light to pour in. The main living area features a beautiful brick hearth fireplace and hardwood floors throughout. There is no carpet in the home. The sunny kitchen boasts wood cabinetry, granite countertops, and black appliances. To the right, you have the three comfortable bedrooms and two full bathrooms. This home also features a large backyard, perfect for entertaining family & guests. Located near great schools within NWISD, restaurants and shopping. This lovely neighborhood also comes with a community pool, splash pad and playground for residents to take advantage of. 1308 Elkford Lane is an excellent choice for your next home!

Investor Tools

Property Icon
$294,000
Estimated Property Value
$289,275Estimated Mortgage Balance
$20,170Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,827 /month
Positive
Cash Flow Estimate:
$609 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$431/month
$220/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,702
$282,884
2025
$87,000
$195,884
$282,884
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,702
$282,884

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$289,275
No
First
Jun 29, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$273,830
$20,170
6%
93%
$1,735/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,390/mo
$1,955/mo
+$435/mo
9.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Fort Worth

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