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$334,875

421 Chinaberry Trl, Forney, TX, 75126

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,166 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.93 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Gas Water Heater, Microwave
FlooringCarpet, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size8,041 sqft

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.3849.0003.0003.00.02.02
Lot Number3
SubdivisionTrails Of Chestnut Meadow Ph 3a & 3b
Land UseResidential
Legal DescriptionTRAILS OF CHESTNUT MEADOW PH 3A & 3B, BLOCK C, LOT 3
Census Tract050215
Assessed Land Value$90,000
Assessed Improvement Value$244,875
Assessment Year2025

About this property

MOTIVATED SELLER! The huge open kitchen has beautiful views of the living room and cozy brick fireplace complete with gas log. The secondary bedrooms are split and offer a childrens retreat area or a perfect place for an office. The master bedroom is tucked away in the back of the home with gorgeous views of the backyard. The master bath has a separate garden tub and huge walk in closet. This home also feature hardwood oak floors, recently updated dishwasher, microwave and a functional raised bed garden area. Enjoy evenings out in the shaded backyard full of perennial flowers and recently installed fence and storage building. Upgrades to the home include: Gorgeous handscraped Hickory Wood floors, New Fence with stain 2019-2022 Dishwasher 2020 Microwave 2022 Complete HVAC system with added duct work and water heater March 2020, 30 Year Roof and gutters July 2022, Smart home ring door bell and 3 outdoor cameras.

Investor Tools

Property Icon
$334,875
Estimated Property Value
$304,944Estimated Mortgage Balance
$49,703Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,039 /month
Positive
Cash Flow Estimate:
$680 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$738/month
$420/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,182
$334,875
2025
$90,000
$244,875
$334,875
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,182
$334,875

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Newrez Llc
Fha
$304,944
Yes
First
Nov 9, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$285,172
$49,703
14%
85%
$1,829/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$2,249/mo
$-219/mo
7.3%

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.

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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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421 Chinaberry Trl | Property Details | No Agent List