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$365,000

2508 Red Draw Road, Fort Worth, TX, 76177

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,014 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.23 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size5,523 sqft

Building Information

Year Built2018
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR739970
Lot Number2
SubdivisionOak Creek Trails Phase 3b
Land UseResidential
Legal DescriptionOAK CREEK TRAILS PHASE 3B BLK W LOT 2
Assessed Land Value$88,368
Assessed Improvement Value$290,891
Assessment Year2025

About this property

Welcome to this charming single story home with 3-bedrooms, 2-baths + office offering comfort, functionality, and desirable community amenities in a prime location. The classic brick exterior is complemented by a landscaped front lawn and driveway leading to the attached garage, creating inviting curb appeal. Inside, the open-concept floor plan is designed for both everyday living and entertaining. The kitchen features stainless steel appliances with gas stove, wood cabinetry, granite countertops, and spacious island with a sink. The kitchen opens up to the dining and living areas. The cozy living room is highlighted by a gas fireplace that is conveniently controlled by a switch. And don't miss the dedicated office nook located just off the kitchen and living area making it ideal for working from home or managing daily tasks. The spacious primary suite is filled with natural light, and offers a private ensuite bath complete with separate vanities, soaking tub, separate shower, and generous walk-in closet. Two additional bedrooms provide flexibility for family or guests. There is also another room, perfect for an office. The mud bench is conveniently located off the garage making it very functional. Step outside to enjoy the covered patio overlooking the fenced backyard, providing the perfect space for privacy and relaxing. Enjoy modern convenience with a fully connected smart home system. Control the garage door, front door lock, doorbell, thermostat, front porch light, HVAC, and security system right from your smartphone. Alexa-enabled features make everyday tasks even easier, giving you seamless control of your home’s comfort, security, and access from virtually anywhere. Residents also enjoy access to a community pool, golf course, greenbelt, and scenic jogging and biking trails. The location can't be beat - zoned to Northwest ISD and easy access to Hwy 114, 35W, Tanger Outlets and numerous restaurants. Have peace of mind knowing the roof was replaced in 2025!

Investor Tools

$227,030Estimated Mortgage Balance
$152,229Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,276 /month
Positive
Cash Flow Estimate:
$759 /month

Interested in this property?

Lacy Zihlman

Astra Realty LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$402/month
$85/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,931
$379,259
2025
$88,368
$290,891
$379,259
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,931
$379,259

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Planet Home Lending Llc
Fha
$256,063
Yes
First
Oct 26, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,030
$152,229
40%
60%
$1,536/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,090/mo
$1,621/mo
+$1,469/mo
9.8%

Learn About the Market: Opportunity in Fort Worth

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

11.9% since 2020

Net Migration

Net Migration

Strong Positive Migration

Median Home Price

Median Home Price

$299,655

Unemployment Rate

Unemployment Rate

3.7%

Price Trend

Price Trend

-2.5% YoY

New Permits

New Permits

158K

City: Fort Worth

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2508 Red Draw Road | Property Details | No Agent List