New Listing
Description
Exceptional Investment Opportunity in Forney, TX! Investorstake a closer look at this well-maintained 3-bedroom, 2-bath home offering 1,450 square feet of living space and a 9% cap rate. The property is currently tenant-occupied with a one-year lease and renewal options, providing an opportunity for an investor seeking an income-producing property to add to a long-term portfolio. This spotless home features 3 spacious bedrooms, 2 full bathrooms, a generous living area, and a large backyard with plenty of room for outdoor enjoyment. Conveniently located in the growing Forney community, this property combines current rental income with potential long-term value.This home has solar panels can stay with home or be remove.growing Forney community, this property combines current rental income with potential long-term value.This home has solar panels can stay with home or be remove.Tenant responsibilities include lawn maintenance, electricity, water, and other utilities.Whether you're expanding an existing portfolio or looking for an income-producing investment, this property is worth a closer look.Schedule your private showing today! Buyer and Buyer's Agent to verify all information, including but not limited to measurements, schools, MLS data, lease terms, financial information, and other property details. Information deemed reliable but not guaranteed. For additional information or to schedule a private showing, contact Listing Agent Stephen Engels. Whether you're expanding an existing portfolio or looking for an income-producing investment, this property is worth a closer look.
Details
| MLS # | 21367998 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| HOA Dues | $595 |
| Sub-Type | Resale |
| Status | Active |
| Year | 2020 |
| Listing Provided By | Keller Williams Fort Worth | Stephen Engels |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,450 |
| Garage | 2 |
| Story(s) | 1 |
Interior
| Room Count | 2 |
|---|---|
| Interior Features | Cable TV Available, Pantry, Walk-In Closet(s), Wired for Data |
| Appliances | Disposal |
Parking
| Garage Yn | 1 |
|---|---|
| Attached Garage Yn | 1 |
| Parking Features | Workshop in Garage |
Utilities
| Utilities | Cable Available, City Sewer, City Water, Phone Available |
|---|
Area Information
| State | TX |
|---|---|
| County | Kaufman |
| City | Forney |
| Zip Code | 75126 |
| Area | Kaufman |
| Community Name | Windmill Farms 2 |
| School District | Forney ISD |
| Elementary School | Dewberry |
| High School | North Forney |
| Listing VS Median (in Windmill Farms 2) | |
Price: $258,000 low | high Med: $234,000 sqft: 1,450 low | high Med: 1,373 $ / sqft: $178 low | high Med: $170 | |
Market Activity 75126
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Learn More About This Property
| State | TX |
|---|---|
| County | Kaufman |
| City | Forney |
| Zip Code | 75126 |
| Area | Kaufman |
| Community Name | Windmill Farms 2 |
| School District | Forney ISD |
| Elementary School | Dewberry |
| High School | North Forney |
| Listing VS Median (in Windmill Farms 2) | |
Price: $258,000 low | high Med: $234,000 sqft: 1,450 low | high Med: 1,373 $ / sqft: $178 low | high Med: $170 | |
