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$1,138,000

NAL Estimated Property Value

305 Covered Bridge Drive, Fort Worth, TX, 76108

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths4,262 Sq Ft
price_per_sqft$269.83 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 4Bathrooms 4
Garage AvailableGarage Available
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Microwave, Double Oven, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Dog Run, Rain Gutters, Lighting, Playground, Private Yard
Lot Size2.30 acres

Building Information

Year Built2002
Stories1
Garage Spaces3

Land Information

APNR000074466
Lot Number10
SubdivisionCovered Bridge Canyon
Land UseResidential
Legal DescriptionACRES: 2.300 LOT: 10 BLK: A SUBD: COVERED BRIDGE CANYON II
Census Tract140416
Assessed Land Value$187,220
Assessed Improvement Value$862,560
Assessment Year2025

About this property

Perched gracefully atop a hill on +-2.3 acres, this stunning home offers a perfect blend of elegance, comfort, and idyllic living in Aledo ISD. From the moment you step inside, you’ll be captivated by the thoughtful details and incredible views that make this property truly one-of-a-kind. The open-concept design flows seamlessly into the expansive living area, highlighted by triple crown molding, a striking stone fireplace, custom bookcases, and walls of windows. Gourmet kitchen adorned with artistic faux painting, double oven, & a massive island featuring an oversized gas range and breakfast bar, making this space both functional and fabulous. Butler's pantry with wine closet connects to formal dining. Whether hosting dinners in the dining room or enjoying casual mornings in the breakfast nook, the abundant natural light creates a warm & inviting atmosphere. Dedicated home office with custom built-ins offering both style and practicality. Retreat to the primary suite, a true sanctuary with its vaulted ceiling accented, private patio and cozy double-sided fireplace that connects to the spa-like bathroom with massive walk-in closet. Indulge in the oversized jacuzzi tub, unwind in the dual shower, and enjoy the serenity of this luxurious space. Two additional bedrooms on the main level share a Jack-and-Jill bathroom, offering privacy and convenience. Upstairs, a spacious game room awaits, complete with a full bar, half bath and balcony, perfect for entertaining or relaxing while enjoying the elevated treetop views. Step outside, and you’ll find a completely private backyard oasis that dreams are made of. The sparkling pool & spa are surrounded by lush flowers, mature trees, & vibrant landscaping, creating a private retreat that feels like a vacation every day. Fully fenced with wrought iron fencing. This home is a rare gem that seamlessly combines timeless elegance & modern functionality, set in an unbeatable location. Don’t miss the chance to make it yours!

Investor Tools

Property Icon
$1,138,000
Estimated Property Value
$309,811Estimated Mortgage Balance
$828,189Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,900 /month
Positive
Cash Flow Estimate:
$2,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$474/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$1,049,780
2025
$187,220
$862,560
$1,049,780
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$1,049,780

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$324,000
No
First
Jan 5, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$309,811
$828,189
72%
27%
$1,943/mo

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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305 Covered Bridge Drive | Property Details | No Agent List