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$420,000

4824 Red Velvet Rd, Fort Worth, TX, 76244

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,504 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167.73 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Other, Tile

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size6,900 sqft

Building Information

Year Built2005
Stories2
Garage Spaces2

Land Information

APN44715R-59-7
Lot Number7
SubdivisionVillages Of Woodland Springs
Land UseResidential
Legal DescriptionVILLAGES OF WOODLAND SPRINGS BLOCK 59 LOT 7
Census Tract113944
Assessed Land Value$70,000
Assessed Improvement Value$273,000
Assessment Year2025

About this property

Welcome home! Beautiful stone landscaping and charming window shutters give this home outstanding curb appeal and a warm, inviting first impression. Just off the entry is a dedicated home office, while the open-concept living room features wood-look flooring, a cozy gas fireplace, and beautiful backyard views. The kitchen offers a large island, a pantry, and flows seamlessly into the spacious dining area, all filled with abundant natural light. Downstairs, you’ll also find a guest bedroom and full bath—ideal for visitors or a private mother-in-law suite—along with a convenient mudroom. Step outside to a generously sized covered patio with plenty of green space remaining, creating the perfect backyard for entertaining, relaxing, or play. Upstairs features a spacious family room, two additional guest bedrooms, and another full bath with a linen closet, and a light-filled primary suite with tall ceilings, a huge walk-in closet with natural light, and an ensuite bath with dual vanities, a linen closet, a jetted soaking tub, and a separate shower. Lovingly maintained and meticulously cared for, this home reflects pride of ownership throughout. Enjoy resort-style community amenities including pools, fishing ponds, walking trails, playgrounds, a clubhouse, and more-located in highly acclaimed Keller ISD.

Investor Tools

Property Icon
$394,000
Estimated Property Value
$219,500Estimated Mortgage Balance
$196,630Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,520 /month
Positive
Cash Flow Estimate:
$840 /month

Interested in this property?

Becca Self

Ebby Halliday, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$613/month
$72/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,385
$343,000
2025
$70,000
$273,000
$343,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,385
$343,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Conventional
$219,500
No
First
Apr 7, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$197,370
$196,630
49%
50%
$1,317/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$1,389/mo
+$1,491/mo
8.8%

Learn About the Market: Opportunity in Texas

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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.

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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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4824 Red Velvet Rd | Property Details | No Agent List