$364,000
1851 Ballinger Dr, Forney, TX, 75126
$369,500 ARV
On Market
Property Lead Type:
Must-SellAbsentee Owner
Highlights
Interior
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Washer, Other
Exterior
Lot Size7,566 sqft
Building Information
Year Built2022
Stories2
Roof Type105
Garage Spaces2
Land Information
APN00.3886.0014.0015.00.02.00
Lot Number15
SubdivisionTravis Ranch Ph 2k
Land UseResidential
Legal DescriptionTRAVIS RANCH PH 2K, BLOCK N, LOT 15
Census Tract050207
Assessed Land Value$75,000
Assessed Improvement Value$251,125
Assessment Year2025
About this property
MOTIVATED SELLERS OF THIS BEATIFUL FOUR BED ROOMS, THRRE FULL BATH ROOMS AND TWO BIG LIVING AREAS THAT LOOKS A NEW HOUSE . LOCATED IN NATURE LIKE TRAVIS RANCH NEIGHBORHOOD WHICH ALSO OVER SEES THE BEATIFUL LAKE RAY HARBOR. IT HAS ALOT BEATIFUL PARK AND RECREATINAL AREAS.
Investor Tools
$336,929Estimated Mortgage Balance
$9,071Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$369,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,184 /month
Positive
Cash Flow Estimate:
$728 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$658/month
$409/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,164
$326,125
2025
$75,000
$251,125
$326,125
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,164
$326,125
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$359,654
No
First
Dec 21, 2022
Jan 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$336,929
$9,071
2%
97%
$2,157/mo
