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$210,350

401 Brazos Street, Forney, TX, 75126

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,048 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$200.72 / sqft
Year BuiltBuilt in 1957

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, Gas Cooktop, Refrigerator, Gas Water Heater
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesPrivate Yard, Storage
Lot Size10,799 sqft

Building Information

Year Built1957
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00.2950.0012.0012.00.02.02
Lot Number12
SubdivisionPinson
Land UseResidential
Legal DescriptionPINSON, BLOCK L, LOT 12
Census Tract050208
Assessed Land Value$58,500
Assessed Improvement Value$149,437
Assessment Year2025

About this property

Nestled in historic & lovely central Forney, surrounded by an equally lovely neighborhood with a location that couldn't be better, you find this gem. With all of the charm that comes with a home of this era coupled with a slew of recently installed upgrades: new windows & appliances & sheetrock & LED lights & water & gas lines & fixtures & upgrades galore, this beautiful home in the shade of a mature oak is cozy & remarkable & liable to impress! The structure is strengthened by old-style lumber framing; it's incredibly solid, all the way down to the original nominal-size hardwood flooring that evokes simpler times. It's full of light; it's a really nice home that feels intimate & natural, a true place of rest.

Investor Tools

Property Icon
$207,937
Estimated Property Value
$0Estimated Mortgage Balance
$24,474Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,262 /month
Positive
Cash Flow Estimate:
$421 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$366/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,357
$207,937
2025
$58,500
$149,437
$207,937
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,357
$207,937

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Fha
$201,286
Yes
First
Sep 10, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$183,463
$24,474
11%
88%
$1,207/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$1,207/mo
+$1,353/mo
14.8%

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: Forney

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401 Brazos Street | Property Details | No Agent List