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$257,000

NAL Estimated Property Value

113 E Forestwood Dr, Forney, TX, 75126

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,505 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$189.3 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size6,421 sqft

Building Information

Year Built2000
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.0944.0004.0007.00.02.02
Lot Number7
SubdivisionEastwood Addition 2
Land UseResidential
Legal DescriptionEASTWOOD ADDITION 2, BLOCK D, LOT 7
Census Tract050209
Assessed Land Value$72,500
Assessed Improvement Value$184,159
Assessment Year2025

About this property

4-2 single-story residence, nestled in a peaceful neighborhood absent of any HOA fee- a rarity indeed. Featuring a new, resilient roof, this home offers tasteful upgrades that amplify its already appealing ambiance. From the wood looking flooring to the practical ceiling fans and fresh paint that adorns every room and shows attention to detail. Central to the home is a capacious family room, showing a beautiful fireplace with gas logs, radiating warmth and welcoming conversations. The fourth bedroom has been smartly converted into a functional office setup, while remaining versatile for future needs. Perfect for families, the home offers split bedrooms design, ensuring comfort. A broad patio overlooks a nice backyard, an ideal haven for outdoor entertainment or relaxing in solitude. Depending on offer, seller may be willing to credit buyer for flooring in family room area.

Investor Tools

Property Icon
$257,000
Estimated Property Value
$568,917Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,709 /month
Positive
Cash Flow Estimate:
$570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$553/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,350
$256,659
2025
$72,500
$184,159
$256,659
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,350
$256,659

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Re Investment Loans Llc
Building Or Construction Loan
$580,000
No
First
Apr 16, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$568,917
N/A
0%
221%
$3,478/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Forney

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113 E Forestwood Dr | Property Details | No Agent List