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$209,899

705 Woodcrest Way, Forney, TX, 75126

$250,303 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,060 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$101.89 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesDog Run, Rain Gutters, Storage
Lot Size7,688 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.3410.0008.0003.00.02.02
Lot Number3
SubdivisionSouth Lake 3
Land UseResidential
Legal DescriptionSOUTH LAKE EST #3 BLOCK H LOT 3
Census Tract050208
Assessed Land Value$58,500
Assessed Improvement Value$198,399
Assessment Year2025

About this property

Welcome home! This beautiful and charming home has updates throughout. It stands out as soon as you pull up with the recently painted exterior and mature landscaping. It has been well maintained and taken care of. Garage conversion allows for additional versatile living space, or can easily be converted back. Home is located in a quiet and established neighborhood. You must see this gem and make this house your home.

Investor Tools

Property Icon
$256,899
Estimated Property Value
$197,114Estimated Mortgage Balance
$82,134Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$250,303
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,541 /month
Positive
Cash Flow Estimate:
$514 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$460/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,241
$256,899
2025
$58,500
$198,399
$256,899
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,241
$256,899

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Eustis Mortgage Corp
Conventional
$197,114
No
First
Jul 6, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$174,765
$82,134
31%
68%
$1,182/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$1,182/mo
+$1,378/mo
12.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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705 Woodcrest Way | Property Details | No Agent List