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$418,336

NAL Estimated Property Value

401 S Center Street, Forney, TX, 75126

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,702 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$99.89 / sqft
Year BuiltBuilt in 1895

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range
FlooringCarpet, Vinyl, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size38,019 sqft

Building Information

Year Built1895
Stories2
Roof Type105
Garage Spaces4

Land Information

APN00.2360.0003.0000.00.02.02
SubdivisionMc Keller 1
Land UseResidential
Legal DescriptionMC KELLER 1, BLOCK 3, & HOUSE & HOUSE
Census Tract050214
Assessed Land Value$161,581
Assessed Improvement Value$317,419
Assessment Year2025

About this property

Wonderful opportunity to own an 1895 Victorian located in the historical district on Center St.! Home boasts relaxing front porch and great drive up! Welcoming entry and beautifully crafted staircase! The front living room has a fireplace and large bay window with views to the front! The spacious kitchen is open to the family room and has a breakfast bar! Three large bedrooms downstairs with hardwood flooring. Private, split bedroom could function as in law quarters with adjacent closet and full bath. Study area off master bedroom. 791 sq. ft. upstairs unfinished space features wood walls, ceiling and full bath! Two ball and claw tubs! Large corner lot! Walk to downtown Forney for dining and shopping!

Investor Tools

Property Icon
$418,336
Estimated Property Value
$177,686Estimated Mortgage Balance
$240,650Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,510 /month
Positive
Cash Flow Estimate:
$837 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$735/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,727
$418,336
2025
$161,581
$317,419
$479,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,727
$418,336

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The American National Bank Of Texas
Conventional
$200,000
No
First
Aug 10, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$177,686
$240,650
57%
42%
$1,200/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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