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$370,000

NAL Estimated Property Value

1257 Meridian Dr, Forney, TX, 75126

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,480 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.09 / sqft
Year BuiltBuilt in 2017

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, Gas Cooktop, Gas Oven, Refrigerator

Exterior

Lot Size7,501 sqft

Building Information

Year Built2017
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00.1208.0004.0011.00.02.02
Lot Number11
SubdivisionGateway Parks Add Ph 1a
Land UseResidential
Legal DescriptionGATEWAY PARKS ADD PH 1A, BLOCK D, LOT 11
Census Tract050213
Assessed Land Value$100,000
Assessed Improvement Value$270,000
Assessment Year2025

About this property

This move-in-ready home features fresh flooring, bright white cabinetry, and new paint that gives every room a fresh, modern feel. Updated cabinetry throughout adds both charm and function, while the open layout is perfect for everyday living or entertaining. Conveniently located near schools, shopping, and major highways. The subdivision features its own pool and fittness center waiting for you to enjoy. The area has many exciting developments on the way including H.E.B, Target, and Home Depot—this one is ready to impress!

Investor Tools

Property Icon
$370,000
Estimated Property Value
$265,649Estimated Mortgage Balance
$104,351Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,220 /month
Positive
Cash Flow Estimate:
$740 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$844/month
$900/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,273
$370,000
2025
$100,000
$270,000
$370,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,273
$370,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wintex Group Llc
Conventional
$270,000
No
First
Jun 30, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$265,649
$104,351
28%
72%
$1,619/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$2,519/mo
+$41/mo
8.3%

City: Forney

1257 Meridian Dr | Property Details | No Agent List