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$241,206

504 Woodcrest Way, Forney, TX, 75126

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,416 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.31 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Lot Size7,200 sqft

Building Information

Year Built1970
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.3400.0006.0003.00.02.02
Lot Number3
SubdivisionSouth Lake 2
Land UseResidential
Legal DescriptionSOUTH LAKE EST #2 BLOCK F LOT 3
Census Tract050208
Assessed Land Value$58,500
Assessed Improvement Value$182,706
Assessment Year2025

About this property

Charming 3-bedroom, 2-bath home with a 2-car garage in the quiet, established South Lake neighborhood. Open-concept layout features a kitchen with granite countertops, peninsula, and stainless steel range hood, flowing into a spacious living area. Large fenced backyard offers mature trees and a storage shed—perfect for outdoor enjoyment. The primary suite includes a walk-in closet and updated ensuite bath. Refrigerator, washer, and dryer included. Conveniently located near shopping, dining, and recreation with easy access to major roads. Pet friendly.

Investor Tools

Property Icon
$241,206
Estimated Property Value
$96,239Estimated Mortgage Balance
$198,004Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,447 /month
Positive
Cash Flow Estimate:
$482 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$550/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,391
$241,206
2025
$58,500
$182,706
$241,206
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,391
$241,206

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bsm Financial Lp
Fha
$96,239
Yes
First
Nov 23, 2005
Dec 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$43,202
$198,004
82%
18%
$578/mo

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: Forney

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504 Woodcrest Way | Property Details | No Agent List