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$403,977

NAL Estimated Property Value

538 Madrone Trail, Forney, TX, 75126

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,583 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$107.63 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Lot Size9,100 sqft

Building Information

Year Built2013
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.3857.0023.0027.00.02.02
Lot Number27
SubdivisionTrails Of Chestnut Meadow Ph 4
Land UseResidential
Legal DescriptionTRAILS OF CHESTNUT MEADOW PH 4, BLOCK W, LOT 27; & HOUSE & HOUSE
Census Tract050215
Assessed Land Value$90,000
Assessed Improvement Value$313,977
Assessment Year2025

About this property

Beautiful single story 4 bed 3 bath home in the wonderful community of Trails of Chestnut Meadow. This home's excellent floor plan is great for entertaining with open concept living and dining. The expansive kitchen features tons of storage space, a huge kitchen island, granite countertops, SS appliances and under-mount sink. Additional upgrades include engineered hardwood floors, stone exterior, jetted tub in master bath, alarm system, keyless front door entry and full sprinkler system. Enjoy the amenities this community has to offer including pool, fishing pond, and walking path. This home is conveniently located within walking distance of the community pool and just minutes from Highway 80.

Investor Tools

Property Icon
$403,977
Estimated Property Value
$226,780Estimated Mortgage Balance
$177,197Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,424 /month
Positive
Cash Flow Estimate:
$808 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$768/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,190
$403,977
2025
$90,000
$313,977
$403,977
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,190
$403,977

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Legacy Texas Bank
Conventional
$264,100
No
First
Apr 3, 2019
Jun 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$226,780
$177,197
43%
56%
$1,584/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$1,934/mo
+$626/mo
7.6%

Learn About the Market: Opportunity in Texas

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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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538 Madrone Trail | Property Details | No Agent List