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$374,500

4905 Emerald Lake Dr, Fort Worth, TX, 76103

Under ContractInfo
Beds4 Beds
Baths2 Bath
Baths2,149 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$174.27 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Double Oven
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting, Storage
Lot Size8,546 sqft

Building Information

Year Built1968
Stories1
Garage Spaces2

Land Information

APN46550-3-6
Lot Number6
SubdivisionWhite Lake Hills Addition
Land UseResidential
Legal DescriptionWHITE LAKE HILLS ADDITION BLOCK 3 LOT 6
Census Tract106507
Assessed Land Value$60,000
Assessed Improvement Value$257,734
Assessment Year2025

About this property

Welcome to 4905 Emerald Lake Drive in White Lake Hills! This beautifully updated one-story home features 4 spacious bedrooms and 3 full baths, all thoughtfully renovated. Enjoy two inviting living rooms with charming arched doorways, wood beams, updated lighting, and an electric fireplace. The kitchen is a chef’s dream with stainless steel appliances, gas cooktop, double oven, quartz countertops, and ample storage. The master suite offers a contemporary sliding barn door, a luxurious bath with a standalone tub, oversized shower, and swivel mirrors. Three additional bedrooms and two updated baths provide plenty of space and convenience for everyone. Beautiful LVP flooring and tile! Step outside to a huge covered patio with privacy curtains, perfect for outdoor living. The covered carport and extended pad fits up to 4 cars with an electric gate, plus extra driveway parking and a storage shed. Solar panels, which will be paid off at closing, convey to the new homeowner, adding energy savings and value. Located in a great, established neighborhood—this home is ready for you!

Investor Tools

$168,844Estimated Mortgage Balance
$213,308Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,286 /month
Positive
Cash Flow Estimate:
$762 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$523/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,366
$317,734
2025
$60,000
$257,734
$317,734
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,366
$317,734

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Equifirst Corp
Stand Alone First / Home Equity First Lien
$88,400
No
First
Mar 16, 2004
Apr 2019

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$168,844
$190,156
52%
44%
$1,431/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,431/mo
+$496/mo
6.1%

Learn About the Market: Opportunity in Fort Worth

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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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4905 Emerald Lake Dr | Property Details | No Agent List