Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
Days29Days on Market
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$350,000

306 Cherrywood Trl, Forney, TX, 75126

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,085 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$113.45 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Gas Water Heater, Microwave, Refrigerator
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size8,425 sqft

Building Information

Year Built2002
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00.3850.0008.0031.00.02.02
Lot Number31
SubdivisionTrails Of Chestnut Meadow Ph 1
Land UseResidential
Legal DescriptionTRAILS OF CHESTNUT MEADOW BLOCK H LOT 31
Census Tract050215
Assessed Land Value$90,000
Assessed Improvement Value$295,587
Assessment Year2025

About this property

Welcome to 306 Cherrywood Trail - a beautifully updated, move-in ready home perfectly situated on an oversized lot in the quiet & well established Trails of Chestnut Meadows community in Forney! This 2 story residence highlighted by true open concept living featuring 4 spacious bedrooms, 2.5 bathrooms, multiple living & dining rooms & a dedicated home office. The open floor plan allows for seamless flow between the kitchen, living & dining areas, making it ideal for everyday living & entertaining guests. The main living room is anchored by a classic, brick surround fireplace, creating a warm focal point with an elevated feel. The kitchen is a chef's delight, equipped with new ss appliances, beautiful quartz counters, plenty of cabinetry, large center island with countertop seating & generous counter space, ready for all of your cooking needs. Upstairs you'll find a massive bonus room that offers flexibility & can serve as a playroom, media room or additional living space. The primary suite, an exceptionally spacious room features an ensuite bath with a large soaking tub, sep shower & huge walk-in closet. Each additional bedroom is generous in size, all with walk-in closets. Other features include a large designated laundry room off the kitchen, fresh interior paint that enhances every room & LVP flooring that flows throughout the home, creating a seamless transition between spaces while adding warmth, style & durability. Outside you'll find an expansive Texas sized backyard, fully fenced with ample room for relaxation & outdoor entertainment. An extended covered patio, full gutters, attached 2 car front entry garage & large storage shed are also for your convenience. With its classic brick exterior, spacious interior & outdoor living space, this home is a rare find that delivers both style & function. In one of North Texas's most exciting & fast growing areas, this home sits in a prime location with easy access to highways, schools, shopping & dining!

Investor Tools

$221,372Estimated Mortgage Balance
$164,215Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,314 /month
Positive
Cash Flow Estimate:
$771 /month

Interested in this property?

Jeanine Batcher

Keller Williams Central

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$721/month
$549/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,721
$385,587
2025
$90,000
$295,587
$385,587
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,721
$385,587

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Clearpath Lending
Va
$250,194
Yes
First
Aug 16, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$221,372
$164,215
42%
57%
$1,501/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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.

Explore Texas Explore This Area
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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

306 Cherrywood Trl | Property Details | No Agent List