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$240,000

NAL Estimated Property Value

3507 Nantucket Drive, Forest Hill, TX, 76140

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,170 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$135.9 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range
FlooringCarpet, Ceramic Tile, Laminate, Vinyl

Exterior

Lot Size6,747 sqft

Building Information

Year Built1997
Stories1
Garage Spaces2

Land Information

APN14219-3-5
Lot Number5
SubdivisionForest Meadows Addition
Land UseResidential
Legal DescriptionFOREST MEADOWS ADDITION BLOCK 3 LOT 5
Census Tract111102
Assessed Land Value$40,500
Assessed Improvement Value$189,935
Assessment Year2025

About this property

This beautiful 3 bedroom 2 bathroom 2 car garage brick home has a huge private back yard, and is located on a quiet tree lined street in the community of Forrest Meadows. This is the perfect home for first time home buyers, investors, empty nesters or anyone looking to add their personal touch to a solid, well built home. This home features an eat in kitchen with bay windows, ceramic tile in the kitchen and bathrooms, vaulted ceilings, a wood burning fireplace, and a 6 foot privacy fence in the back yard. This home is also being offered with special private financing options. Call to schedule your appointment today.

Investor Tools

Property Icon
$240,000
Estimated Property Value
$148,657Estimated Mortgage Balance
$91,343Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,440 /month
Positive
Cash Flow Estimate:
$480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$289/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,271
$230,435
2025
$40,500
$189,935
$230,435
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,271
$230,435

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Funding Lp
Conventional
$167,325
No
First
Aug 7, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$148,657
$91,343
38%
62%
$1,004/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$1,004/mo
+$996/mo
10.0%

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.

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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: Forest Hill

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3507 Nantucket Drive | Property Details | No Agent List