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$335,000

$2,350

704 Wilmott Ter, Fort Worth, TX, 76247

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,686 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$198.7 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Range, Gas Water Heater, Microwave, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Lot Size6,721 sqft

Building Information

Year Built2021
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR972741
Lot Number2
SubdivisionTrails Of Elizabeth Creek Phase 7
Land UseResidential
Legal DescriptionTRAILS OF ELIZABETH CREEK PHASE 7 BLK 52 LOT 2
Census Tract020320
Assessed Land Value$98,070
Assessed Improvement Value$253,433
Assessment Year2025

About this property

Move-in ready 3 bedroom, 2 bathroom home located in the highly sought-after Trails of Elizabeth Creek community in Justin, TX and zoned to award-winning Northwest ISD. Built in 2021 and beautifully maintained, this single-story home features new carpet, fresh paint, blinds in all rooms, modern finishes, energy-efficient features, and an open-concept floorplan designed for everyday living and entertaining. Unlike many nearby new construction communities, this property features NO MUD tax and NO PID tax, creating significant monthly savings for the next homeowner. The spacious kitchen opens seamlessly into the dining and living areas and includes granite countertops, stainless steel appliances, gas range, tile backsplash, large island, pendant lighting, and a walk-in pantry. The private primary suite is tucked toward the back of the home and offers dual sinks, a walk-in shower, vanity space, and a large walk-in closet. Wood-look ceramic tile flooring flows through the main living areas, while the new carpet adds comfort to the bedrooms. Step outside to enjoy the extended covered back patio, perfect for relaxing, grilling, or entertaining. The home also features a full sprinkler system, updated landscaping, privacy fenced backyard, and smart home features. Trails of Elizabeth Creek is known for its resort-style amenities including a community pool, lazy river, cabana, playgrounds, walking trails, green spaces, and an on-site elementary school conveniently located within the neighborhood. Ideally located with quick access to I-35W, Highway 114, Tanger Outlets, Alliance Town Center, Texas Motor Speedway, DFW Airport, shopping, dining, and major employers. Whether you're a first-time home buyer, downsizing, or simply looking for a move-in ready home in a fast-growing area of North Fort Worth, 704 Wilmott Terrace offers the perfect combination of comfort, convenience, and long-term value.

Investor Tools

Property Icon
$351,503
Estimated Property Value
$333,684Estimated Mortgage Balance
$46,788Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,109 /month
Positive
Cash Flow Estimate:
$703 /month

Interested in this property?

Kevin Rutherford

Keller Williams Realty-FM

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$391/month
$334/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,937
$351,503
2025
$98,070
$253,433
$351,503
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,937
$351,503

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Fha
$333,684
Yes
First
Dec 9, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$304,715
$46,788
13%
87%
$2,001/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,390/mo
$2,335/mo
+$55/mo
8.2%

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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704 Wilmott Ter | Property Details | No Agent List