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
Main property image
Days560Days on Market
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$279,900

507 Azalea Dr, Forney, TX, 75126

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,598 Sq Ft
price_per_sqft$175.16 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

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

Exterior

Exterior FeaturesRain Gutters
Lot Size7,048 sqft

Building Information

Year Built1993
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.0942.0004.0014.00.02.02
Lot Number14
SubdivisionEastwood Addition 1
Land UseResidential
Legal DescriptionEASTWOOD ADDITION 1, BLOCK 4, LOT 14
Census Tract050209
Assessed Land Value$58,500
Assessed Improvement Value$201,754
Assessment Year2025

About this property

WELCOME HOME! Lovingly cared for and nestled in an established neighborhood with NO HOA, this charming property offers a perfect blend of comfort, character, and thoughtful updates. With a new hot water heater replaced in February and numerous recent improvements, this home is truly move-in ready. Featuring 3 spacious bedrooms and 2 bathrooms, the home provides ample room for comfortable living. Step inside to an open floor plan that seamlessly connects the living area, kitchen, and bedrooms, enhanced by crown molding, engineered hardwood flooring, and elegant plantation shutters. The inviting living room centers around a cozy fireplace, flanked by beautiful built-ins and accented with recessed lighting that adds warmth and charm. The kitchen serves as the heart of the home, complete with a breakfast bar and a lovely dining area with plenty of space for a hutch. A convenient rear mudroom sits just off the kitchen near the laundry area, adding both function and practicality. The large primary suite offers room for a sitting area and features a huge walk-in closet along with a remodeled en-suite bath showcasing granite countertops, a separate walk-in shower, and a relaxing jacuzzi tub. Additional recent updates include updated windows with blackout screens, and fresh, neutral paint throughout. Step outside to enjoy a beautiful backyard with a covered patio, private fencing, a greenbelt view, and a storage building—perfect for outdoor living and entertaining. The 2-car garage includes an additional closet ideal for freezers or extra storage, and a sprinkler system adds convenience to lawn care. Centrally located near schools, shopping, and recreation, this home combines charm, functionality, and location—making it an exceptional opportunity you won’t want to miss.

Investor Tools

$0Estimated Mortgage Balance
$286,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,716 /month
Positive
Cash Flow Estimate:
$572 /month

Interested in this property?

Stacey Leigh

Coldwell Banker Apex, REALTORS

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$607/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,854
$260,254
2025
$58,500
$201,754
$260,254
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,854
$260,254

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$286,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
N/A
+$2,560/mo
10.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

507 Azalea Dr | Property Details | No Agent List