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Days26Days on Market
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$71,000

308 Oak St, Forney, TX, 75126

$92,300 ARVInfo
On MarketInfo
Baths1 Bath
Baths1,252 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 1891

Highlights

Interior

Bathrooms Full 1Bathrooms Full 1
Heating GasHeating Gas

Exterior

Lot Size6,251 sqft

Building Information

Year Built1891
Stories1
Roof Type105

Land Information

APN00.1110.0028.0002.02.02.02
Lot Number2C
SubdivisionForney Revised
Land UseResidential
Legal DescriptionFORNEY ORIGINAL BLOCK 28 LOT 2C
Census Tract050214
Assessed Land Value$61,386
Assessed Improvement Value$7,614
Assessment Year2025

About this property

Don't miss this interior lot in the heart of Forney — one of the fastest-growing cities in Texas! Located on Oak Street, close to Aimee Street, this vacant residential lot offers the potential to build your dream home or investment property. Situated in established in-town Forney with city conveniences right around the corner — shopping, dining, downtown Forney, and easy access to US-80 and I-20 for the Dallas commuter. Zoned residential within Forney ISD, a highly rated school district. Lots of this caliber are rare at this price point, and inventory is extremely limited. Buyer to verify utilities, zoning, and dimensions. Call today before this one is gone! Please note, the old structure has been removed, Google still shows the home.

Investor Tools

Property Icon
$214,000
Estimated Property Value
$30,000Estimated Mortgage Balance
$192,111Estimated Equity
86% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$92,300
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,284 /month
Positive
Cash Flow Estimate:
$428 /month

Interested in this property?

China Schmitz

Grow Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$209/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,433
$69,000
2025
$61,386
$7,614
$69,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,433
$69,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Veritex Community Bank
Unknown
$30,000
No
First
May 29, 2014
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$21,889
$192,111
89%
10%
$0/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.

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

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308 Oak St | Property Details | No Agent List