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$303,195

NAL Estimated Property Value

322 Stanford, Forney, TX, 75126

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,896 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.7 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven
FlooringCarpet, Laminate

Exterior

Lot Size8,102 sqft

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.2378.0018.0016.00.02.02
Lot Number16
SubdivisionMc Keller Home Place 7
Land UseResidential
Legal DescriptionMC KELLAR HOME PLACE VII BLOCK 18 LOT 16
Census Tract050214
Assessed Land Value$70,000
Assessed Improvement Value$233,195
Assessment Year2025

About this property

NEW HVAC 2022 and NEW roof in 2021. Very well maintained and landscaped spacious one story 4 bedroom brick home near downtown Forney. This home has no HOA fees, no MUD or PID taxes. AND if nature is what you are looking for there is an amazing park with walking or biking trails, basketball, playground, amphitheater, football field, soccer fields, and fishing pond just around the corner. It's in an excellent location to get to Dallas but in the suburbs. This open floorplan offers a large living space with laminate wood flooring, eat in kitchen with island and breakfast bar. Split bedroom floorplan with large rooms and closets with the owners suite having a large walkin in closet, garden tub, separate shower and dual sinks. Privacy fenced backyard with open patio and no neighbors behind you. This is one to put on the list to see!

Investor Tools

Property Icon
$303,195
Estimated Property Value
$249,127Estimated Mortgage Balance
$54,068Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,819 /month
Positive
Cash Flow Estimate:
$606 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$681/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,657
$303,195
2025
$70,000
$233,195
$303,195
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,657
$303,195

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$265,000
No
First
Feb 16, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$249,127
$54,068
17%
82%
$1,589/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$1,589/mo
+$971/mo
10.1%

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.

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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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322 Stanford | Property Details | No Agent List