Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$249,000

NAL Estimated Property Value

414 Southlake Drive, Forney, TX, 75126

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,844 Sq Ft
price_per_sqft$92.19 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

BankruptcyOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesStorage
Lot Size7,841 sqft

Building Information

Year Built1976
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00.3390.0002.0007.00.02.02
Lot Number7
SubdivisionSouth Lake 1
Land UseResidential
Legal DescriptionSOUTH LAKE EST #1 BLOCK B LOT 7
Census Tract050208
Assessed Land Value$58,500
Assessed Improvement Value$181,282
Assessment Year2025

About this property

Multiple Offers - Deadline 7-22 @ 6pm - Less than Half Mile Walk to 5th Best Rated Public County School. This Energy Efficient Brick Home Includes NEW Crown Molding, Fresh NEW Paint, NEW Carpet, NEW Vinyl Flooring, Recent Foundation Work w.Lifetime Transferable Warranty using Steel Piers down to bedrock, All NEW TRIPLE Pane Windows and NEW Storm Door w.Lifetime Warranty, NEW Solar Screens, NEW Exterior Paneling, NEW Ceiling Fans, Dual-flush Toilets, Updated Bathroom Vanity's, Less than 7 Year Roof, 6 Year Old Goodman Condenser, Less than 10 year Furnace and Water Heater, Blown & Rolled Attic Insulation, French Doors onto Covered Back Porch, Privacy Fencing w.Double Gate, and Storage Building.

Investor Tools

Property Icon
$249,000
Estimated Property Value
$182,550Estimated Mortgage Balance
$66,450Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,494 /month
Positive
Cash Flow Estimate:
$498 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$428/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,892
$239,782
2025
$58,500
$181,282
$239,782
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,892
$239,782

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Choice Loan Services Inc
Fha
$186,202
Yes
First
Aug 22, 2019
Sep 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$182,550
$66,450
26%
73%
$1,249/mo

City: Forney

414 Southlake Drive | Property Details | No Agent List