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$342,000

NAL Estimated Property Value

648 Forrester Street, Greenville, TX, 75401

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,846 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.1 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Oven, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Laminate, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size2.28 acres

Building Information

Year Built1967
Stories1
Roof Type105
Garage Spaces2

Land Information

APN2740-0000-0020-41
Lot Number2
SubdivisionDarby Arnold Subdivision
Land UseResidential
Legal DescriptionS2740 DARBY ARNOLD SUBDIVISION LOT 2 ACRES 2.282
Census Tract961000
Assessed Land Value$98,190
Assessed Improvement Value$214,140
Assessment Year2025

About this property

Get that country living feel and enjoy the benefits of City of Greenville amenities in this 4 BR 2Bath home with 2.28 acres. The ranch style home features a large living family room with a stone hearthed woodburning fireplace. The dining room is large and adjoining the handy kitchen with breakfast area, featuring a gas range oven and loads of cabinets. Four bedrooms, including a guest room, with two full baths. You will find carpet, C-tile and laminate floors with C-tile baths and showers. The utility area has been enclosed in the garage and still leaves room for a workspace and your vehicle. The property is scenic and could support a small cattle or horse operation. There is a large patio, workshop and storage building and lots of space for your kids to run free on your own land. This home is a great starter for a young family looking for room to enjoy your family on you own piece paradise.

Investor Tools

Property Icon
$342,000
Estimated Property Value
$272,090Estimated Mortgage Balance
$69,910Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,052 /month
Positive
Cash Flow Estimate:
$684 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$683/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,488
$312,330
2025
$98,190
$214,140
$312,330
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,488
$312,330

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Fha
$284,747
Yes
First
Dec 28, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$272,090
$69,910
20%
80%
$1,743/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: Greenville

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648 Forrester Street | Property Details | No Agent List