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$314,999

514 Madrone Trl, Forney, TX, 75126

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,055 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$153.28 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesSome Gas Appliances, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Microwave, Plumbed For Gas, Tankless Water Heater
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesDeck
Lot Size8,398 sqft

Building Information

Year Built2012
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.3857.0023.0015.00.02.02
Lot Number15
SubdivisionTrails Of Chestnut Meadow Ph 4
Land UseResidential
Legal DescriptionTRAILS OF CHESTNUT MEADOW PH 4, BLOCK W, LOT 15
Census Tract050215
Assessed Land Value$90,000
Assessed Improvement Value$259,382
Assessment Year2025

About this property

This beautifully maintained 2012-built home offers 2,055 square feet of comfortable living space and has been lovingly cared for by only one owner. From the moment you arrive, the beautiful brick exterior, manicured lawn, mature landscaping, and great curb appeal make a lasting impression. Step inside to a warm and inviting home filled with natural light, rich wood floors, crown molding, and beautiful architectural details. The spacious living room features a gorgeous fireplace and large windows that create the perfect space to relax or entertain. The kitchen is made for gathering, featuring rich wood cabinetry, granite countertops, decorative tile backsplash, a large center island, plenty of storage, and a bright breakfast area surrounded by windows. Two dining areas provide flexibility, while the formal dining room with French doors can easily become a home office, study, or flex space. The spacious primary suite offers a peaceful retreat with a beautiful bay window that fills the room with natural light. Outside, enjoy the covered patio and private backyard, perfect for morning coffee, weekend gatherings, or relaxing after a long day. The spacious driveway and separate garage doors add convenience and curb appeal. The seller is offering seller concessions to help make this home even more affordable! Qualified buyers may be able to use the concession toward buying down their interest rate, reducing eligible closing costs, or other allowable expenses that help make the purchase and move-in process easier. It's an opportunity to put those seller funds to work where they benefit you most. Quality craftsmanship, thoughtful design, beautiful finishes, and true pride of ownership—this is a home you don't want to miss. Virtual Tour is Available.

Investor Tools

$127,716Estimated Mortgage Balance
$221,666Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,096 /month
Positive
Cash Flow Estimate:
$699 /month

Interested in this property?

Maurice Lee

Keller Williams Frisco Stars

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$614/month
$549/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,617
$349,382
2025
$90,000
$259,382
$349,382
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,617
$349,382

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$142,600
No
First
May 25, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$127,716
$221,666
63%
37%
$855/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$1,404/mo
+$1,156/mo
8.8%

City: Forney

514 Madrone Trl | Property Details | No Agent List