$210,000
515 Burgett Street, Forney, TX, 75126
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesGas Range
Exterior
Lot Size6,098 sqft
Building Information
Year Built1960
Stories1
Roof Type105
Land Information
APN00.1110.0016.0012.00.02.02
Lot Number1-12
SubdivisionForney Revised
Land UseResidential
Legal DescriptionFORNEY REVISED, BLOCK P, LOT 12-1; & HOUSE & HOUSE
Census Tract050214
Assessed Land Value$57,935
Assessed Improvement Value$189,931
Assessment Year2025
About this property
Charming and well-located home in the heart of Forney offering a rare, oversized lot of approximately one-third acre. This 3-bedroom, 2-bath residence features a functional layout with comfortable living spaces and strong potential for personalization or updates to add value. Conveniently located near major roads, shopping, and local amenities, this home offers both accessibility and a quiet residential feel.
Investor Tools
$259,789Estimated Mortgage Balance
$18,211Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,668 /month
Positive
Cash Flow Estimate:
$556 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$484/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,421
$247,866
2025
$57,935
$189,931
$247,866
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,421
$247,866
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Affinity Llc
Va
$281,325
Yes
First
May 26, 2022
Jun 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$259,789
$18,211
6%
93%
$1,687/mo
