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$389,000

$399,000

922 Forreston Dr, Richardson, TX, 75080

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,322 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$294.25 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal
FlooringCarpet, Combination, Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size9,520 sqft

Building Information

Year Built1963
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42080500070020000
Lot Number2
SubdivisionGreenwood Hills
Land UseResidential
Legal DescriptionGREENWOOD HILLS INST 4 BLK 7 LOT 2 INT202000286998 DD10152020 CO-DC 0805000700200 3CR08050007
Census Tract019216
Assessed Land Value$175,000
Assessed Improvement Value$156,490
Assessment Year2025

About this property

Welcome to Greenwood Hills, one of West Richardson's most established and sought-after neighborhoods, where mature trees, friendly streets, and an unbeatable location create the perfect place to call home. Built in 1963, this charming one-story home offers 3 bedrooms, 2 bathrooms, a 2-car garage, and a floor plan designed for everyday living and entertaining. The heart of the home is the updated kitchen, featuring a breakfast bar that opens to the large dining room, creating a natural gathering place for family meals, morning coffee, or entertaining friends. Vaulted ceilings enhance the spacious living and dining areas, filling the home with natural light and an open, inviting feel. Step outside to a large backyard with plenty of room to play, garden, or simply relax. The generous patio provides the perfect setting for grilling, outdoor dining, and enjoying Texas evenings with family and friends. Location is one of this home's greatest assets. Nestled in the heart of Greenwood Hills, you'll enjoy easy bike rides to Woodland Park and the Greenwood Hills Community Pool, making it easy to take advantage of everything this established neighborhood has to offer. Zoned to highly regarded Mohawk Elementary, North Junior High, and J.J. Pearce High School, the home is also ideally situated for convenient commuting throughout the Dallas metroplex, with quick access to major highways, shopping, dining, and employment centers. Offering an updated interior, great living space, and an exceptional West Richardson location, this home is ready to welcome its next owners. Whether you're enjoying neighborhood parks, hosting backyard barbecues, or simply appreciating the charm of one of Richardson's favorite communities, this is a place you'll love coming home to.

Investor Tools

$239,825Estimated Mortgage Balance
$156,633Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,370 /month
Positive
Cash Flow Estimate:
$790 /month

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Heather Kobs

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$767/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,228
$331,490
2025
$175,000
$156,490
$331,490
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,228
$331,490

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Certainty Home Loans Llc
Conventional
$268,850
No
First
Oct 15, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,825
$139,175
36%
61%
$1,612/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$1,612/mo
+$428/mo
6.2%

City: Richardson