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$319,500

508 Elektoy Way, Fort Worth, TX, 76108

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,013 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$158.72 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Water Heater, Gas Range, Refrigerator
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size10,154 sqft

Building Information

Year Built1988
Stories2
Garage Spaces2

Land Information

APN7087-1-22
Lot Number22
SubdivisionChapel Creek Ranch Addition
Land UseResidential
Legal DescriptionCHAPEL CREEK RANCH ADDITION BLOCK 1 LOT 22
Census Tract110806
Assessed Land Value$50,000
Assessed Improvement Value$253,000
Assessment Year2025

About this property

Pride of ownership shows throughout this beautifully maintained home located in the in the Chapel Creek Ranch addition. Situated on a cul-de-sac, this 4-bedroom, 2.5-bath, 2-car garage residence offers comfort, charm, and thoughtful upgrades throughout. The home features mature trees that enhance curb appeal and provide natural shade, along with a full sprinkler system for easy lawn maintenance. Inside, you’ll find a warm and inviting layout with a wood-burning fireplace, Corian countertops, and high-end finishes throughout. The kitchen is equipped with a high-end 6-burner gas range, perfect for the home chef. Interior upgrades include all upgraded interior doors, high-end wood trim throughout, and upgraded plumbing and light fixtures that elevate every space. The primary bathroom offers a luxurious hammered copper soaking tub and furniture-style vanity cabinetry, creating a spa-like retreat. Additional features include a storage shed for extra storage and a backyard that backs up to a peaceful greenbelt, providing added privacy. Conveniently located near schools, shopping, dining, and freeway access, this home combines comfort, function, and location in one exceptional package. Special touches too numerous to list—this home is truly a must-see.

Investor Tools

$0Estimated Mortgage Balance
$303,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,917 /month
Positive
Cash Flow Estimate:
$639 /month

Interested in this property?

David Silva

CCS Realty Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$315/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,268
$303,000
2025
$50,000
$253,000
$303,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,268
$303,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$303,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
N/A
+$2,385/mo
9.4%

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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508 Elektoy Way | Property Details | No Agent List