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$514,900

$529,900

305 Westlake, Forney, TX, 75126

On MarketInfo
Price DropInfo
Beds4 Beds
Baths4 Bath
Baths3,683 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$139.8 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Wine Cooler
FlooringHardwood, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size10,799 sqft

Building Information

Year Built2006
Stories2
Roof Type105
Garage Spaces3

Land Information

APN00.3924.0006.0008.00.02.02
Lot Number8
SubdivisionVillages Of Fox Hollow Ph 1
Land UseResidential
Legal DescriptionVILLAGES OF FOX HOLLOW PH 1, BLOCK F, LOT 8
Census Tract050213
Assessed Land Value$100,000
Assessed Improvement Value$363,687
Assessment Year2025

About this property

This beautifully updated home in one of Forney’s most desirable neighborhoods is situated on a spacious corner lot just across the street from the community clubhouse pool. This stunning home offers 4 bedrooms, 3.5 baths, and 3 car garage. Entering the home, you are greeted by abundant natural light and a large crystal chandelier in the two-story foyer, elegant plantation shutters throughout, updated flooring, and an open concept layout. The beautiful island kitchen serves as the heart of the home custom-built walk-in pantry, complete with a wine cooler and quartz countertop, completes the large kitchen. The master bathroom was completely renovated in 2024-2025 and features a double shower with additional rain waterfall head, large soaking tub, and a Restoration Hardware wooden vanity. Working from home is effortless in the private office,library featuring custom built in library shelves. There is a dedicated gym room which provides the perfect space to focus on health and wellness without leaving the comfort of home. This space can also serve as a media room. The larger upstairs bedroom is an ensuite featuring a private bath, perfect for multi-generational living, a teen, or guests. Step outside and discover what truly sets this property apart, your own private backyard oasis. The spectacular pool, which is only two years old, was designed for unforgettable summer memories and endless enjoyment under the Texas sun. While sipping a refreshing beverage from the built-in table and seating, you will have the best seat in the city for watching fireworks on the 4th of July! Complete with an ozone generator system, this resort inspired retreat offers sparkling water and low maintenance. Additional updates include: LVP flooring and top of the line pet proof carpet, all new lighting fixtures and hardware, crown molding, interior and exterior paint, and custom closets. This home is move in ready so schedule your private showing today!

Investor Tools

$290,553Estimated Mortgage Balance
$255,130Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,264 /month
Positive
Cash Flow Estimate:
$1,088 /month

Interested in this property?

Devin Bowlin

Mindset Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$977/month
$580/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,003
$463,687
2025
$100,000
$363,687
$463,687
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,003
$463,687

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$320,000
No
First
Aug 27, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$290,553
$180,447
38%
53%
$1,919/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$2,499/mo
+$841/mo
7.4%

City: Forney

305 Westlake | Property Details | No Agent List