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$887,550

NAL Estimated Property Value

303 S Center St, Forney, TX, 75126

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths5,004 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$192.75 / sqft
Year BuiltBuilt in 1890

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Dishwasher
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size2.34 acres

Building Information

Year Built1890
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00.1110.0006.0000.01.02.02
SubdivisionForney Revised
Land UseResidential
Legal DescriptionFORNEY REVISED, BLOCK F PT
Census Tract050214
Assessed Land Value$305,791
Assessed Improvement Value$581,759
Assessment Year2025

About this property

Dating back to 1873 and proudly listed on the Historic Register named: The McKellar Home. Spans almost 3 acres on a secluded street within the Forney area. Sprawling acreage w/ mature trees is a true Grand Estate. Preserved is the period; hand crafted wood molding, leaded glass doors, Tiffany style-stained glass windows, oak inlaid hardwood flooring, fantastically tiled fireplaces and many of them a true gem. The property has undergone meticulous renovations to seamlessly integrate modern amenities while preserving its historical charm. Commercial range, freshly renovated guest house with kitchen. Recent upgrades include interior replaced plumbing, electrical, & mechanical systems. The grand entry stairs with a keyhole feature, soaring ceilings, and hardwood flooring contribute to the interior's spacious feel. This residence seamlessly combines the best of both worlds, large salt water pool, large basketball court with scoreboard, gazebo with sitting area and so much more!

Investor Tools

Property Icon
$887,550
Estimated Property Value
$550,336Estimated Mortgage Balance
$344,664Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,787 /month
Positive
Cash Flow Estimate:
$1,929 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,123/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$21,038
$887,550
2025
$305,791
$581,759
$887,550
No

Tax History

Year
Tax Paid
Assessed Value
2024
$21,038
$887,550

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trinity Capital Bank Of Texas
Unknown
$556,000
No
First
Oct 24, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$550,336
$344,664
38%
62%
$3,334/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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303 S Center St | Property Details | No Agent List