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$371,053

NAL Estimated Property Value

404 College Street, Forney, TX, 75126

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,510 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$91.59 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesStorage
Lot Size30,000 sqft

Building Information

Year Built1964
Stories1
Roof Type105
Garage Spaces4

Land Information

APN00.2370.0028.0001.00.02.02
Lot Number1,4,-
SubdivisionMc Keller 2
Land UseResidential
Legal DescriptionMC KELLER #2 BLOCK 28 LOT 1 - 4
Census Tract050215
Assessed Land Value$127,500
Assessed Improvement Value$263,213
Assessment Year2025

About this property

Spacious ranch-style home, with circle drive and large lot, located on the fringes of the Historic District near downtown Forney! Large, expansive rooms, including a kitchen with abundant storage, walk-in pantry, and stainless appliances! Master bedroom has had some updates to the bath, and features a walk-in shower! Private, cozy den features a brick wall with fireplace! Very large utility room with sink and countertop! Wonderful storage throughout! Great opportunity to own one of Forney's few homes that features a basement! This basement was designed to be used as a bomb shelter! The back yard is huge and private! There is a swim spa that the owners would like to convey with the sale.

Investor Tools

Property Icon
$371,053
Estimated Property Value
$197,657Estimated Mortgage Balance
$173,396Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,226 /month
Positive
Cash Flow Estimate:
$742 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$640/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,821
$371,053
2025
$127,500
$263,213
$390,713
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,821
$371,053

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Das Acquisition
Fha
$225,735
Yes
First
Jan 10, 2020
Feb 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$197,657
$173,396
46%
53%
$1,354/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.

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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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404 College Street | Property Details | No Agent List