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$349,953

NAL Estimated Property Value

1010 Spinnaker Drive, Forney, TX, 75126

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,087 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$138.95 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size8,999 sqft

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.1138.0006.0003.00.02.02
Lot Number3
SubdivisionFox Hollow Ph 1
Land UseResidential
Legal DescriptionFOX HOLLOW PH 1, BLOCK F, LOT 3
Census Tract050213
Assessed Land Value$100,000
Assessed Improvement Value$249,953
Assessment Year2025

About this property

This lovely Drees Home offers the open floor plan that insures your gatherings are comfortable which includes the renovated kitchen with large island and breakfast area that leads out onto the extended patio with a spacious yard that is large enough to install a pool and still have plenty of room for a garden or jungle gym. A secondary living area gives you the opportunity to create the perfect space that suits your interest. The office could easily be transformed into a dining room if you prefer.

Investor Tools

Property Icon
$349,953
Estimated Property Value
$284,592Estimated Mortgage Balance
$65,361Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$705/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,707
$349,953
2025
$100,000
$249,953
$349,953
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,707
$349,953

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometown Lenders Inc
Conventional
$312,835
No
First
Aug 16, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$284,592
$65,361
18%
81%
$1,876/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$2,126/mo
+$1,214/mo
11.5%

City: Forney

1010 Spinnaker Drive | Property Details | No Agent List