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$287,601

NAL Estimated Property Value

406 Walnut St, Forreston, TX, 76041

$373,881 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,627 Sq Ft
price_per_sqft$95.13 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Ice Maker
FlooringCarpet, Slate, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size11,282 sqft

Building Information

Year Built1930
Stories1
Roof Type105
Garage Spaces3

Land Information

APN99.1036.000.041.00.112
SubdivisionA Sanchez
Land UseResidential
Legal Description1036 A SANCHEZ 0.259 ACRES
Census Tract061100
Assessed Land Value$77,000
Assessed Improvement Value$210,601
Assessment Year2025

About this property

With its timeless charm and unique touches this stately 1930's Craftsman home takes center stage. Lucious original wood floors, rich wood built ins, frames, tall windows and beveled glass encased doors. Wood burning fireplace framed by warm wood cabinetry and glass-front display bookcases, pressed tin ceiling in formal dining and antique hardware throughout. Kitchen touts some commercial stainless appliances, deep stainless 2-bay sinks plus vegie sink in island, pantry and convenient shelving. Two baths offering a claw tub, timeless features yet functionality with tile & glass shower in master. Attention to detail inside and out with porches on all sides, 2-car detached garage plus attached brick carport, screened back porch, corner lot with large grass side and back yards, wrought-iron fencing surrounds, pebble walk leads to large front porch with other outdoor living areas. Huge upstairs room of Primary bedroom wing has many possibilities. Great location with small town living but easy commute by major highways in all directions. A little TLC and this becomes a showcase!

Investor Tools

Property Icon
$287,601
Estimated Property Value
$140,194Estimated Mortgage Balance
$147,680Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$373,881
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,726 /month
Positive
Cash Flow Estimate:
$575 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$370/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,000
$287,601
2025
$77,000
$210,601
$287,601
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,000
$287,601

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
James Clark Langford
Seller Carryback / Seller Financing / Seller Take-Back
$155,000
No
First
Jun 14, 2021
Aug 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$140,194
$207,806
59%
49%
$930/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$930/mo
+$1,042/mo
8.2%

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.

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: Forreston

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406 Walnut St | Property Details | No Agent List