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$322,000

NAL Estimated Property Value

2406 S Forest Hls, Corinth, TX, 76210

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,491 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$217.97 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-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, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Private Yard, Storage
Lot Size10,001 sqft

Building Information

Year Built1986
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR26648
Lot Number4
SubdivisionPecan Creek
Land UseResidential
Legal DescriptionPECAN CREEK BLK 4 LOT 4
Census Tract021418
Assessed Land Value$67,500
Assessed Improvement Value$203,500
Assessment Year2025

About this property

Extensive remodel in 2019, extended and covered the patio in 2020, and replaced the windows in 2021. HVAC 2022, water heater in 2023 and roof in 2025. From the curb, you see well maintained mature landscaping with an updated lead walk to an inviting front door. The entry has an updated light fixture and it is adjacent to the dining room with a vaulted ceiling that can be enclosed with a custom barn door. Moving forward, the kitchen with an oversized island is open to the lovely living area complete with a wood burning fireplace flanked by floor to ceiling windows. Farther down the hall is the guest room complete with a Murphy bed, making it a very flexible space. The primary bedroom is on the left and backs up to the backyard and has a very bright and beautiful en-suite bathroom. The primary bathroom was completely remodeled and is not only bright and beautiful, but well functioning too. The passageway has a solar tube that really lights up the space. The hall wraps around and leads to a really fun bedroom complete with dinosaurs. All three bedrooms have carpet that is so cozy to the feet! At the end of the hall is the laundry room that leads to the garage. This home has great condition, location and design. The home exudes the pride of ownership, and the new owner will be lucky to get to call it home.

Investor Tools

Property Icon
$322,000
Estimated Property Value
$154,186Estimated Mortgage Balance
$167,814Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$428/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,531
$271,000
2025
$67,500
$203,500
$271,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,531
$271,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independent Bank
Conventional
$172,500
No
First
Nov 25, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$154,186
$167,814
52%
48%
$1,035/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,390/mo
$1,035/mo
+$1,355/mo
8.9%

City: Corinth

2406 S Forest Hls | Property Details | No Agent List