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$285,000

2231 Sumac Drive, Forney, TX, 75126

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,604 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.68 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Microwave
FlooringCeramic Tile

Exterior

Lot Size7,200 sqft

Building Information

Year Built2015
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.1717.0008.0025.00.02.00
Lot Number25
SubdivisionHoneysuckle Meadows Ph 3a Sec 1-3
Land UseResidential
Legal DescriptionHONEYSUCKLE MEADOWS PH 3A SEC 1-3, BLOCK H, LOT 25;& HOUSE LIFE ESTATE, & HOUSE
Census Tract050204
Assessed Land Value$70,000
Assessed Improvement Value$180,293
Assessment Year2025

About this property

***MULTIPLE OFFERS RECEIVED*** PLEASE SUBMIT YOUR BEST AND FINAL OFFER BY Sunday, March 27th at 5pm*** Wonderfully updated home in Forney ISD. This lovely 3 bedroom, 2 bath home features a large family room, fully equipped kitchen with matching appliances, granite countertops and an eat-in kitchen space. The spacious master suite features a large walk-in closet and updated lighting and mirrors. Enjoy the new wood-look tile flooring throughout the main areas of the home and the large backyard. Across the street, you will find a neighborhood playground, perfect for kids. This community offers pools, playground, walking trails, and clubhouses. Located just off Hwy 80 and close to schools, shopping and dining options.

Investor Tools

Property Icon
$250,293
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$556/month
$495/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,420
$250,293
2025
$70,000
$180,293
$250,293
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,420
$250,293

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Conventional
$288,000
No
First
Apr 29, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$265,953
N/A
0%
106%
$1,727/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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2231 Sumac Drive | Property Details | No Agent List