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$274,000

NAL Estimated Property Value

4840 Elkhart Drive, Fort Worth, TX, 76036

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,376 Sq Ft
price_per_sqft$132.99 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range, Electric Water Heater
FlooringLaminate

Exterior

Lot Size5,750 sqft

Building Information

Year Built2014
Garage Spaces2

Land Information

APN40672B-56-55
Lot Number55
SubdivisionSummer Creek Ranch Addition
Land UseResidential
Legal DescriptionSUMMER CREEK RANCH ADDITION BLOCK 56 LOT 55
Census Tract111033
Assessed Land Value$60,000
Assessed Improvement Value$182,000
Assessment Year2025

About this property

OPEN HOUSE 11-30 2-4p. Well maintained ONE OWNER home right off the Chisholm Trail Pkwy, 20 minutes from downtown Fort Worth! Features upgraded vinyl plank throughout living areas and bedrooms. Perfect for a first time home buyer or investor. This 3 bedroom 2 bathroom special won't last long!!

Investor Tools

Property Icon
$274,000
Estimated Property Value
$161,633Estimated Mortgage Balance
$112,367Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,644 /month
Positive
Cash Flow Estimate:
$548 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$431/month
$287/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,802
$242,000
2025
$60,000
$182,000
$242,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,802
$242,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Lending Corp
Fha
$184,594
Yes
First
Jan 3, 2020
Feb 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$161,633
$112,367
41%
59%
$1,107/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,210/mo
$1,394/mo
+$816/mo
9.7%

Learn About the Market: Opportunity in Fort Worth

Local Market Pages
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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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4840 Elkhart Drive | Property Details | No Agent List