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$224,569

NAL Estimated Property Value

410 Magnolia Dr, Forney, TX, 75126

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,264 Sq Ft
price_per_sqft$181.96 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size7,501 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.3410.0013.0006.00.02.02
Lot Number6
SubdivisionSouth Lake 3
Land UseResidential
Legal DescriptionSOUTH LAKE EST #3 BLOCK M LOT 6
Census Tract050208
Assessed Land Value$58,500
Assessed Improvement Value$166,069
Assessment Year2025

About this property

Charming 2-Bedroom Home in a Prime Location – No HOA! Welcome to this inviting 2-bedroom, 1-bath home—ideal for first-time buyers or those looking to downsize. The open floor plan creates a spacious and welcoming atmosphere, perfect for both relaxing and entertaining. You'll love the oversized primary bedroom featuring a large walk-in closet and a beautifully updated bathroom with a walk-in shower. The 2-car garage includes newly replaced French doors that open to a generous backyard, offering plenty of room to play, garden, or host gatherings. Thoughtful updates completed in 2018 include fresh texture and paint, new flooring, a full kitchen and bathroom remodel, modern appliances (electric range and microwave), window treatments, and stylish décor throughout. Enjoy the privacy of a cedar-fenced backyard that backs up to Criswell Elementary—no rear neighbors! Conveniently located with easy access to highways and shopping, this well-established neighborhood offers peaceful living with no HOA restrictions.

Investor Tools

Property Icon
$224,569
Estimated Property Value
$210,453Estimated Mortgage Balance
$14,116Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$323/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,755
$224,569
2025
$58,500
$166,069
$224,569
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,755
$224,569

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$213,900
No
First
Jun 17, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$210,453
$14,116
6%
94%
$1,283/mo

City: Forney

410 Magnolia Dr | Property Details | No Agent List