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B+
NoAgentList RatingHow are grades calculated? Info

$239,900

208 Cornell, Forney, TX, 75126

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,922 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$124.82 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Electric Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size8,634 sqft

Building Information

Year Built2004
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.2378.0014.0007.00.02.02
Lot Number7
SubdivisionMc Keller Home Place 7
Land UseResidential
Legal DescriptionMC KELLAR HOME PLACE VII BLOCK 14 LOT 7
Census Tract050214
Assessed Land Value$70,000
Assessed Improvement Value$234,771
Assessment Year2025

About this property

Gorgeous, well maintained home in an established neighborhood in Forney ISD with NO HOA! This home is move in ready with fresh paint, newer roof and HVAC in 2017, updated wood-look tile in the kitchen and decorative lighting throughout. The kitchen has a charming farmhouse feel to it, with an island for added workspace. It overlooks the very spacious living area with room for the whole family. Enjoy your oversized master suite, split from the 3 other bedrooms, for privacy. The backyard features a 10x16 lofted shed (2017), perfect for extra storage. Conveniently located just 20 miles East of Dallas, this home is within walking distance to Forney's city park and FISD schools.

Investor Tools

Property Icon
$304,771
Estimated Property Value
$245,532Estimated Mortgage Balance
$86,633Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,829 /month
Positive
Cash Flow Estimate:
$610 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$472/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,138
$304,771
2025
$70,000
$234,771
$304,771
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,138
$304,771

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Va
$245,532
Yes
First
Aug 12, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$218,138
$86,633
28%
72%
$1,473/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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208 Cornell | Property Details | No Agent List