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$239,000

232 Cornell, Forney, TX, 75126

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,892 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$126.32 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Convection Oven, Vented Exhaust Fan
FlooringCarpet, Wood

Exterior

Lot Size8,808 sqft

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.2378.0014.0019.00.02.02
Lot Number19
SubdivisionMc Keller Home Place 7
Land UseResidential
Legal DescriptionMC KELLAR HOME PLACE VII BLOCK 14 LOT 19
Census Tract050214
Assessed Land Value$70,000
Assessed Improvement Value$260,663
Assessment Year2025

About this property

Meticulously maintained home that shows like a model! Offering 4 bedrooms, 2 full baths, a 2 car garage all on a large corner lot. This beauty has been completely updated with gorgeous granite counter tops in the kitchen, bathrooms and the fireplace, engineered wood flooring, tile in bathrooms, carpet in bedrooms, all hardware and lighting, built in cabinets in the living area, solar screens, garage door opener and much more! Enjoy the backyard oasis with a sparkling pool, covered canopy and the freshly stained board on board fence. Landscaped nicely for great curb appeal. NO HOA and excellent Forney schools. Smart Home Certified!

Investor Tools

Property Icon
$330,663
Estimated Property Value
$239,600Estimated Mortgage Balance
$121,310Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,984 /month
Positive
Cash Flow Estimate:
$661 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$540/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$330,663
2025
$70,000
$260,663
$330,663
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$330,663

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Andrews Fcu
Va
$239,600
Yes
First
Dec 27, 2019
Jan 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$209,353
$121,310
36%
63%
$1,437/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$1,437/mo
+$1,123/mo
9.3%

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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232 Cornell | Property Details | No Agent List