$400,280
NAL Estimated Property Value2364 Neff Ln, Forney, TX, 75126
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDishwasher, Electric Oven, Electric Water Heater, Disposal, Microwave, Refrigerator, Tankless Water Heater
FlooringCarpet, Ceramic Tile
Exterior
Lot Size6,774 sqft
Building Information
Year Built2022
Stories2
Roof Type105
Garage Spaces2
Land Information
APN00.0486.0001.0025.00.02.00
Lot Number25
SubdivisionClements Ranch Ph 6
Land UseResidential
Legal DescriptionCLEMENTS RANCH PH 6, BLOCK A, LOT 25
Census Tract050207
Assessed Land Value$82,500
Assessed Improvement Value$317,780
Assessment Year2025
About this property
Previous buyer's financing fell through! A-M-A-Z-I-N-G almost new home in sough after Clements Ranch subdivision! This is one of the largest homes in the neighborhood with almost 3,000 sq ft. Home features a beautiful open floor plan with the primary bedroom, bath, and extra office on the first floor. Second living area upstairs with 3 additional rooms and a full bath. Awesome kitchen perfect for those that like to cook. Walk outside and you can enjoy the water views from your front porch. Refrigerator will convey with the sale.
Investor Tools
$400,280
Estimated Property Value
$304,458Estimated Mortgage Balance
$95,822Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,402 /month
Positive
Cash Flow Estimate:
$801 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$787/month
$600/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,442
$400,280
2025
$82,500
$317,780
$400,280
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,442
$400,280
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$320,000
No
First
Sep 19, 2023
Oct 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$304,458
$95,822
23%
76%
$1,919/mo
