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$242,873

NAL Estimated Property Value

609 S Bois D Arc Street, Forney, TX, 75126

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,380 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.59 / sqft
Year BuiltBuilt in 1925

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
AppliancesDishwasher, Disposal, Gas Range
FlooringCeramic Tile, Wood

Exterior

Lot Size17,986 sqft

Building Information

Year Built1925
Stories1
Roof Type105
Garage Spaces4

Land Information

APN00.2370.0030.0011.00.02.02
Lot Number11,12
SubdivisionMc Keller 2
Land UseResidential
Legal DescriptionMC KELLER #2 BLOCK 30 LOT 11, 12 & 13 PT
Census Tract050215
Assessed Land Value$107,910
Assessed Improvement Value$134,963
Assessment Year2025

About this property

MULTIPLE OFFERS! Highest & Best by 5pm on October 24th. Charming home LOADED with CHARACTER located in the heart of DOWNTOWN FORNEY!!! Rare opportunity to own an affordable & loved home near Forney's up & coming downtown area! Features include original hardwood, a spacious living room adorned with original fireplace & built in’s, stunning dining area with original glass doors, updated kitchen, primary bedroom boast 3 closets with large walk-in & charming bath. Inviting front porch perfect to view the annual Homecoming parade through downtown. Fully fenced city lot canopied in mature trees. Covered back patio perfect for entertaining. As well as a detached garage, perfect for workshop and additional storage.

Investor Tools

Property Icon
$242,873
Estimated Property Value
$227,630Estimated Mortgage Balance
$15,243Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,457 /month
Positive
Cash Flow Estimate:
$486 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$500/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,781
$242,873
2025
$107,910
$134,963
$242,873
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,781
$242,873

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Allan Mcgowan Etux
Purchase Money Mortgage
$248,800
No
First
Nov 15, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,630
$15,243
6%
94%
$1,492/mo

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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609 S Bois D Arc Street | Property Details | No Agent List