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$320,191

215 Pinewood Trail, Forney, TX, 75126

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,118 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$115.63 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size8,398 sqft

Building Information

Year Built2003
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.3850.0003.0008.00.02.02
Lot Number8
SubdivisionTrails Of Chestnut Meadow Ph 1
Land UseResidential
Legal DescriptionTRAILS OF CHESTNUT MEADOW BLOCK C LOT 8
Census Tract050215
Assessed Land Value$90,000
Assessed Improvement Value$230,191
Assessment Year2025

About this property

This beautiful home is conveniently located just outside of downtown Forney with easy access to both Hwy 80 and I-20. Home offers 3 bedrooms, a study and open concept living and kitchen. Having 2 dining areas allows you the choice of a comfy eat in kitchen or a more formal dining space for guests. Kitchen has stainless steel appliances and plenty of cabinets and counter space, including an additional built in pantry. Master bath has separate shower and tub. Hardwood floors throughout main areas of home. Custom plantation shutters installed in living room and kitchen. HVAC system replaced in 2019 with a 16 SEER 4 ton Trane unit. Backyard provides an inviting getaway for morning coffee or evening sunsets.

Investor Tools

Property Icon
$320,191
Estimated Property Value
$0Estimated Mortgage Balance
$162,056Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,921 /month
Positive
Cash Flow Estimate:
$640 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$706/month
$440/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,865
$320,191
2025
$90,000
$230,191
$320,191
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,865
$320,191

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Private Mortgage Group Llc
Conventional
$160,000
No
First
Sep 12, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$158,135
$162,056
50%
49%
$960/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.

Explore Texas Explore This Area
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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215 Pinewood Trail | Property Details | No Agent List