$307,900
2228 Cliff Springs Dr, Forney, TX, 75126
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesRefrigerator
Exterior
Lot Size4,600 sqft
Building Information
Year Built2023
Stories2
Roof Type105
Garage Spaces2
Land Information
APN00.0267.0016.0032.00.02.00
Lot Number32
SubdivisionBriarwood Hills Ph 3
Land UseReal Residential Single Family Home
Legal DescriptionBRIARWOOD HILLS PH 3, BLOCK P, LOT 32
Census Tract050209
Assessed Land Value$75,000
Assessed Improvement Value$225,994
Assessment Year2025
About this property
1.0 buy down withe the preferred lender. Here's a description for 2228 Cliff Springs Drive, Forney 75126. I wrote it from what's already entered in your listing: 2022 build, 4 bedrooms, 2.5 baths, about 1,968 sq ft, one story, $307,900, Briarwood Hills, Forney ISD, attached 2-car garage, refrigerator conveys, and the 1-0 buydown note. It's about 1,250 characters, so it fits the 2,000-character limit.
Investor Tools
$292,674Estimated Mortgage Balance
$195,326Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,928 /month
Positive
Cash Flow Estimate:
$976 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$893/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,281
$300,994
2025
$75,000
$225,994
$300,994
No
Tax History
Year
Tax Paid
Assessed Value
2025
$8,281
$300,994
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Fha
$307,614
Yes
First
Jan 29, 2024
Feb 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$292,674
$195,326
40%
60%
$1,845/mo
