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$365,000

309 Timber, Forney, TX, 75126

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,179 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167.51 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Gas Oven, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCeramic Tile

Exterior

Exterior FeaturesOther
Lot Size9,091 sqft

Building Information

Year Built2008
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.3924.0001.0016.00.02.02
Lot Number16
SubdivisionVillages Of Fox Hollow Ph 1
Land UseResidential
Legal DescriptionVILLAGES OF FOX HOLLOW PH 1, BLOCK A, LOT 16
Census Tract050213
Assessed Land Value$100,000
Assessed Improvement Value$263,320
Assessment Year2025

About this property

Come check out this lovely and spacious home in Forney. You'll find an open kitchen and living room that is great for entertaining. Ceramic tile and vinyl plank flooring throughout the home. Covered patio for back porch and sizable dining room. Very near the community swimming pool and playground. Shopping and restaurants are all nearby. This home is ready for new owners to build new memories. In addition to the 2 car garage, there is a third garage space as well. More photos coming soon!

Investor Tools

Property Icon
$363,320
Estimated Property Value
$240,000Estimated Mortgage Balance
$142,100Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,190 /month
Positive
Cash Flow Estimate:
$730 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$735/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,009
$363,320
2025
$100,000
$263,320
$363,320
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,009
$363,320

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Conventional
$240,000
No
First
Mar 2, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$221,220
$142,100
39%
61%
$1,439/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$1,689/mo
+$871/mo
8.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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