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$224,900

4035 Merriman Dr, Forney, TX, 75126

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,404 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$160.19 / sqft
Year BuiltBuilt in 2013

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringTile, Vinyl

Exterior

Exterior FeaturesSide Yard
Lot Size5,001 sqft

Building Information

Year Built2013
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.1447.0009.0014.00.01.00
Lot Number14
SubdivisionHeartland Tr B Ph 3a
Land UseResidential
Legal DescriptionHEARTLAND TR B PH 3A, BLOCK 9, LOT 14; & HOUSE & HOUSE
Census Tract050211
Assessed Land Value$75,000
Assessed Improvement Value$176,477
Assessment Year2025

About this property

***PRICED TO SELL***Welcome to 4035 Merriman Dr, Forney TX! This charming home boasts 3 bedrooms and 2 baths, offering a perfect blend of comfort and style. The spacious living area is the perfect humble retreat. The kitchen is a chef's dream with modern appliances and ample cabinet space. The primary bedroom is a tranquil retreat with an ensuite bath for added convenience. The additional bedrooms are versatile and can be used as a home office or guest room. Step outside to the private backyard, perfect for entertaining or enjoying a morning coffee. Stay out of the Texas heat with a brand new 3 ton AC unit, and low light shaded windows. With access to 4 pools, fishing, walking trails, and fitness center this home is the perfect retreat. This home is close to all local schools, parks, and shopping. Perfectly located for commuting workers, with short travels to local shopping. Don't miss the opportunity to make this your new home sweet home!

Investor Tools

$230,456Estimated Mortgage Balance
$21,021Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,509 /month
Positive
Cash Flow Estimate:
$503 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$593/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,863
$251,477
2025
$75,000
$176,477
$251,477
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,863
$251,477

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$253,326
No
First
Aug 18, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$230,456
$21,021
8%
92%
$1,519/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$1,519/mo
+$1,041/mo
12.2%

City: Forney

4035 Merriman Dr | Property Details | No Agent List