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Forney 75126
2148 Martins Pond Road
$444,990
● House - Off Market

2148 Martins Pond Road

Forney, TX 75126
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,825 Ft²
$2,252
Est. Monthly
$67
HOA / Fees
6.56%
Cap Rate

About This Property

MLS# 20653637 - Built by Pacesetter Homes - Ready Now! ~ Welcome to your dream home in Forney, Texas! This stunning 4 bedroom, 3.5 bathroom home boasts 18 ft ceilings and sits on a spacious lot with serene greenbelt and pond views. Enter the home to find a deluxe kitchen, perfect for any chef, that opens up into a large family room ideal for entertaining guests or relaxing. Upstairs you have a large game room with open railing above for extra entertainment space. The covered back patio is the perfect spot for outdoor gatherings and enjoying the picturesque views. The master bedroom features a large window with a view of the expansive back yard, providing a peaceful retreat within your own home. Cozy up by the fireplace on those cooler evenings for added comfort and ambiance!
Unit Size
2,825 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$158
Property Type
House
Property Taxes
-
HOA Dues
$67
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (NTREIS #20653637)

Price History

Date / Event Date Event Price
Mar 28, 2025 Sold
Premium
Sold
Mar 22, 2025 In contract -
In contract
Jan 24, 2025 Price Decreased $444,990
↓ $13K (2.8%)
Price Decreased
Jan 16, 2025 Price Decreased $457,990
↓ $2K (0.4%)
Price Decreased
Jan 14, 2025 Price Decreased $459,990
↓ $3K (0.7%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning
Fireplace
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Forney

Stats & Trends

Median Asking:

$319,000

Sale Price/ft²

$152

Below Asking

0.03%

Average Days on Market

75

Average Home Size

2404 ft²

Average Home Age

17.9 years

Currently For Sale

154 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2016 Croftbank Street, Forney, TX, 75126

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,920 ft²
2016 Croftbank Street, Forney, TX, 75126 Listing by David Ojo
Unit for rent at 909 White Porch Avenue, Forney, TX, 75126

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,942 ft²
909 White Porch Avenue, Forney, TX, 75126 Listing by Anne Enloe
Unit for rent at 1350 Eldridge Pond Street, Forney, TX, 75126

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 2,093 ft²
1350 Eldridge Pond Street, Forney, TX, 75126 Listing by Kristhen Atala

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Dennis Ciani, Dennis Ciani Broker
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20653637
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 2148 Martins Pond Road built and last sold?
The property at 2148 Martins Pond Road was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2148 Martins Pond Road is $0.
What are some comparable homes to 2148 Martins Pond Road?
There are currently no comparable homes to 2148 Martins Pond Road.
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