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$289,000

311 Spruce Trail, Forney, TX, 75126

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,042 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.53 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size8,660 sqft

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00.3849.0013.0007.00.02.02
Lot Number7
SubdivisionTrails Of Chestnut Meadow Ph 3a & 3b
Land UseResidential
Legal DescriptionTRAILS OF CHESTNUT MEADOW PH 3A & 3B, BLOCK M, LOT 7
Census Tract050215
Assessed Land Value$90,000
Assessed Improvement Value$237,548
Assessment Year2025

About this property

Beautifully maintained 4 bedroom home with updates throughout. Upon entering the home you will notice the open floor plan and well appointed kitchen complete with a recently installed coffee bar and shiplap walls. The bedrooms are split and nice in size. The master bedroom features a gorgeous view of the backyard and the ensuite has been updated! The living room is large and the formal dining room is perfect for large gatherings. The backyard is a nature lovers dream. The large covered pergola and stock pond area complete with custom seating is just what the Doctor ordered after a long day! Welcome Home! MULTIPLE OFFERS RECEIVED HIGHEST AND BEST DUE MARCH 27TH BY 5 PM.

Investor Tools

Property Icon
$327,548
Estimated Property Value
$0Estimated Mortgage Balance
$106,563Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,965 /month
Positive
Cash Flow Estimate:
$655 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$614/month
$465/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,735
$327,548
2025
$90,000
$237,548
$327,548
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,735
$327,548

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Conventional
$244,800
No
First
Apr 30, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$220,985
$106,563
32%
67%
$1,468/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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