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$253,795

NAL Estimated Property Value

3508 Banbury Ct, Forest Hill, TX, 76119

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,682 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$112.96 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range

Exterior

Lot Size10,833 sqft

Building Information

Year Built1962
Stories1
Garage Spaces2

Land Information

APN38410-6-20
Lot Number20
SubdivisionSherwood Forest Addn (Fst Hl)
Land UseResidential
Legal DescriptionSHERWOOD FOREST ADDN (FST HL) BLOCK 6 LOT 20
Census Tract111104
Assessed Land Value$30,836
Assessed Improvement Value$222,959
Assessment Year2025

About this property

INVESTOR SPECIAL! This property offers incredible potential for the right buyer who’s ready to roll up their sleeves and bring their vision to life. Located in a quiet cul-de-sac, this 3-bedroom, 2-bathroom home boasts solid bones and spacious living areas, ready for a complete transformation. The backyard is private and offers a peaceful retreat, perfect for outdoor gatherings once renovated. Whether you're an investor looking for a project or a homeowner wanting to customize your dream space, this house is full of potential. Don’t miss out on this amazing opportunity to make this house your own!

Investor Tools

Property Icon
$253,795
Estimated Property Value
$96,285Estimated Mortgage Balance
$157,510Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,523 /month
Positive
Cash Flow Estimate:
$508 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$247/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,693
$253,795
2025
$30,836
$222,959
$253,795
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,693
$253,795

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Flagstar Bank Fsb
Fha
$117,826
Yes
First
Jul 5, 2017
Jul 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$96,285
$157,510
62%
38%
$707/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$707/mo
+$1,220/mo
9.1%

City: Forest Hill

3508 Banbury Ct | Property Details | No Agent List