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10932 Elata Drive
About This Property
Welcome to this stunning newer-construction home located in the highly desirable West Fort Worth area near shopping, dining, schools, and convenient highway access. Offering an exceptional blend of space, functionality, and modern elegance, this meticulously maintained residence features 4-5 bedrooms, multiple living spaces, and thoughtfully upgraded finishes throughout.
The open-concept floor plan is filled with natural light and showcases luxury vinyl plank flooring, soaring ceilings, oversized windows, and a spacious living area perfect for entertaining or everyday living. The gourmet kitchen is the heart of the home and features an oversized granite island, stainless steel appliances, gas range, abundant cabinetry, subway tile backsplash, walk-in pantry, and an open flow into the dining and family rooms.
The spacious primary suite provides a true retreat with vaulted ceilings, dual vanities, oversized walk-in shower, and an exceptionally large custom walk-in closet with built-in organization system. Upstairs offers additional flexible living space ideal for a media room, second living area, playroom, or home gym.
Additional highlights include:
Dedicated home office with designer accent walls
Large upstairs game and flex room
Open-concept living and dining areas
Energy-efficient construction
Separate utility room
Modern neutral color palette throughout
Covered rear patio perfect for relaxing or entertaining
Beautiful curb appeal with brick and stone elevation
Oversized backyard with privacy fencing
Conveniently located near major commuter routes, shopping, dining, and entertainment while still offering a quiet neighborhood feel.
Owner is a licensed Texas Realtor (TREC).
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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 |
|---|---|---|---|
| Aug 29, 2026 | In contract | - | |
| In contract | |||
| Aug 10, 2026 | Price Decreased |
$379,900
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Aug 1, 2026 | Price Decreased |
$384,900
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Jul 11, 2026 | Price Decreased |
$389,900
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Jun 7, 2026 | Price Decreased |
$394,900
↓ $5K
(1.3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017