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4153 Watercourse Drive
About This Property
The upgraded kitchen features built-in KitchenAid appliances, extended cabinetry and countertops, a warming drawer, ice maker, and wine refrigerator. The living room includes custom built-ins surrounding the fireplace and an integrated Sonos speaker system. The second-floor primary suite offers separate his-and-hers closets, along with two additional guest bedrooms and a full bath.
Designed for entertaining, the third floor features a spacious media or game room with custom built-ins and a full bar complete with sink, microwave, and refrigerator, plus a half bath. Step outside to the large covered rooftop balcony, plumbed for gas and offering exceptional privacy with no neighboring homes overlooking the space.
Additional upgrades include plantation shutters, upgraded flooring throughout, artificial turf in the front and back, and numerous custom finishes. Meticulously maintained and ideally located with easy access to Clearfork, Waterside, Trinity Trails, shopping, dining, and entertainment, this is a rare opportunity for low-maintenance living along the Trinity River.
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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 |
|---|---|---|---|
| Oct 30, 2026 | Sold | ||
| Sold | |||
| Oct 5, 2026 | In contract | - | |
| In contract | |||
| Sep 29, 2026 | Listed by Compass RE Texas, LLC | $835,000 | |
| Listed by Compass RE Texas, LLC | |||
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About Fort Worth
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017