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$269,990

407 E Brooks St, Forney, TX, 75126

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,792 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150.66 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Disposal, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size10,907 sqft

Building Information

Year Built2001
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.2360.0007.0007.01.02.02
Lot Number7-2R
SubdivisionMc Keller 1
Land UseResidential
Legal DescriptionMC KELLER #1 BLOCK 7 LOT 7-2R
Census Tract050214
Assessed Land Value$65,454
Assessed Improvement Value$212,705
Assessment Year2025

About this property

**$0 DOWN AVAILABLE OR RATE BUY DOWN WITH PREFERRED LENDER**Welcome home to this charming property tucked away near the end of a quiet street in the heart of downtown Forney with NO HOA! Offering a great combination of location, space and character, this home provides convenient access to shopping, dining, schools and Hwy 80 while its location at the end of the street helps limit through traffic. Step inside to a spacious living area featuring vaulted ceilings, abundant natural light and a cozy brick fireplace that creates an inviting centerpiece for the room. The kitchen offers extensive cabinetry, generous counter space, stainless steel appliances and a breakfast bar overlooking an additional living or dining space. A bright breakfast area surrounded by windows provides the perfect spot to enjoy your morning coffee while looking out over the backyard. The primary suite offers vaulted ceilings and a private ensuite bath featuring dual sinks, separate tub and shower, plus a walk in closet. Additional bedrooms provide flexibility for family, guests or a home office. One of the standout spaces is the dedicated media room where the garage was complete with a large projector screen, creating the perfect setup for movie nights, gaming or watching the big game. Outside, you’ll find a spacious fenced backyard with mature trees, plenty of grass and room to entertain, play, garden or create your own outdoor retreat. A two car garage and extended driveway provide plenty of parking. With NO HOA, a quiet location near the end of the street, easy access to Hwy 80 and all the convenience of downtown Forney nearby, this home offers an opportunity that’s getting harder to find!

Investor Tools

$139,902Estimated Mortgage Balance
$153,098Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,758 /month
Positive
Cash Flow Estimate:
$586 /month

Interested in this property?

Joey Stanbery

RE/MAX DFW Associates

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$464/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,105
$278,159
2025
$65,454
$212,705
$278,159
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,105
$278,159

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$178,062
Yes
First
Aug 25, 2016
Sep 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$139,902
$153,098
52%
48%
$1,068/mo

City: Forney

407 E Brooks St | Property Details | No Agent List