$349,953
NAL Estimated Property Value1010 Spinnaker Drive, Forney, TX, 75126
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
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
$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
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%
