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$331,523

NAL Estimated Property Value

515 Tumbleweed Dr, Forney, TX, 75126

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,519 Sq Ft
price_per_sqft$129.02 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Oven, Gas Range, Microwave
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size5,793 sqft

Building Information

Year Built2002
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00.2625.0004.0008.00.02.02
Lot Number8
SubdivisionMustang Creek Ph 1a
Land UseResidential
Legal DescriptionMUSTANG CREEK PH 1A BLOCK D LOT 8
Census Tract050209
Assessed Land Value$72,500
Assessed Improvement Value$259,023
Assessment Year2025

About this property

Priced to sell! $15k below recent appraisal. This beautiful home with 2 master suites is a 4 bedroom 3.5 bath home in Forney ISD and is perfect for a large or growing household. Improvements after the appraisal include new piers around the garage foundation, new concrete driveway, new grass in several areas, new bedroom entry doors, freshly painted interior and new carpet in the downstairs master bedroom. The chef in the family will appreciate the perfectly designed, over sized, kitchen and the formal and family dining areas. The kitchen boasts stainless steel appliances, solid surface countertops, a large breakfast bar, & tons of cabinets. Each floor has its own master bedroom with a master bath and a large living room. The home is conveniently close to fine dining and entertainment for the whole family.

Investor Tools

Property Icon
$331,523
Estimated Property Value
$265,891Estimated Mortgage Balance
$65,632Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,989 /month
Positive
Cash Flow Estimate:
$663 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$730/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,107
$331,523
2025
$72,500
$259,023
$331,523
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,107
$331,523

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texasbank
Conventional
$276,250
No
First
Apr 29, 2024
May 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$265,891
$65,632
19%
80%
$1,657/mo

City: Forney

515 Tumbleweed Dr | Property Details | No Agent List