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$1,199,700

5028 Frost Creek, Aledo, TX, 76008

Under ContractInfo
Beds5 Beds
Baths4 Bath
Baths3,306 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$362.89 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 4Bathrooms 4
AppliancesDisposal

Exterior

Lot Size2.00 acres

Building Information

Garage Spaces3

Land Information

APN18031-001-022-00
Lot Number22
Land UseVacant Land
Legal DescriptionACRES: 2.001 LOT: 22 BLK: 1 SUBD: SUMMIT RANCH F-701
Census Tract140710
Assessed Land Value$112,000
Assessment Year2025

About this property

Built by Drew Lane Custom Homes, this luxury new construction home in Summit Ranch is set to be complete July 27, 2026. Sitting on two acres in the highly desired Aledo ISD, this home reflects intentional design throughout. Five bedrooms and three and a half bathrooms give you the flexibility to grow into the space as you see fit, whether that's a home office, guest suite, or entertainment & game room. Custom cabinetry runs throughout, and a hidden butler's pantry keeps entertaining easy without the clutter. Out back, a covered porch with a masonry, wood burning fireplace offers an easy spot for a quiet evening and enough room for a crowd when you need it. A private water well, aerobic septic system, and attached three car garage round out the property, giving you the independence of country living. And with downtown Fort Worth just a short drive away, you get two acres of quiet without losing the convenience of the city. This is exactly what home should feel like. Come see for yourself.

Investor Tools

$880,943Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,198 /month
Positive
Cash Flow Estimate:
$2,399 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$47/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$112,000
2025
$112,000
N/A
$112,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$112,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Centennial Bank
Building Or Construction Loan
$884,780
No
First
Mar 27, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$880,943
N/A
0%
787%
$5,305/mo

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.

Explore Texas Explore This Area
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: Aledo

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5028 Frost Creek | Property Details | No Agent List