108 Elmwood Trail
About This Property
The thoughtfully updated kitchen features modern finishes and flows seamlessly into the main living area, making it ideal for everyday living and entertaining. The spacious primary suite includes an updated ensuite bathroom designed for comfort and relaxation. Three additional bedrooms provide flexibility for guests, a home office, or growing households.
Step outside to enjoy the private backyard with a charming pergola, perfect for outdoor dining, entertaining, or unwinding after a long day. The home has been meticulously maintained, offering a clean, inviting feel from the moment you walk in.
Situated in a sought-after neighborhood, this property offers convenient access to Highway 80 and I-20, making commuting to Dallas and surrounding areas a breeze. Enjoy nearby schools, shopping, dining, and community amenities while still experiencing the comfort of a quiet neighborhood setting.
Don't miss this opportunity to own a beautifully cared-for home in one of Forney's most popular communities.
It is the responsibility of the buyers or buyers agent to verify all information, including, but not limited to: taxes, sq footage, schools, HOA, etc.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 5, 2026 | Sold | ||
| Sold | |||
| Jan 5, 2026 | In contract | - | |
| In contract | |||
| Dec 23, 2025 | Listed by Nicholson Premier Realty | $307,000 | |
| Listed by Nicholson Premier Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017