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$293,506

NAL Estimated Property Value

2101 Red River Road, Forney, TX, 75126

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,025 Sq Ft
price_per_sqft$162.72 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave, Convection Oven, Plumbed For Ice Maker, Refrigerator
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size5,502 sqft

Building Information

Year Built2013
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.3836.0020.0006.00.02.00
Lot Number6
SubdivisionTravis Ranch Ph 2b
Land UseResidential
Legal DescriptionTRAVIS RANCH PH 2B, BLOCK T, LOT 6
Census Tract050207
Assessed Land Value$75,000
Assessed Improvement Value$218,506
Assessment Year2025

About this property

We are currently under contract but are having difficulty getting funded. Owners will consider any reasonable offer for a back up contract. Must be able to close ASAP. The sellers are willing to lower the price to make this work. Call or text today for a showing. Built in 2014, this Forney home offers granite countertops, 2 car garage, and 4 bedrooms. The master suite offers a garden tub and a large shower with a large walk-in closet. This house features a sprinkler system, wood floors throughout living and dining, stainless steel appliances, a large kitchen island with breakfast nook and a stone fireplace. The community offers walking trails, family park, swimming pool, and private lake. We are currently looking to take a back up offer for below market value, need to close on another house and there is uncertainly that the current buyers will be able to fund on time. The house has been inspected and everything is ready for a quick closing.

Investor Tools

Property Icon
$293,506
Estimated Property Value
$307,060Estimated Mortgage Balance
$293,506Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,977 /month
Positive
Cash Flow Estimate:
$659 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$577/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,456
$293,506
2025
$75,000
$218,506
$293,506
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,456
$293,506

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plaza Home Mortgage Inc
Fha
$328,932
Yes
First
Oct 20, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$307,060
N/A
0%
105%
$1,973/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$2,273/mo
+$287/mo
10.5%

City: Forney

2101 Red River Road | Property Details | No Agent List