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Kaufman 75126 Windmill Farms
2229 Sumac Drive
$379,000
● House - Off Market

2229 Sumac Drive

Forney, TX 75126
bedrooms
5 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,724 Ft²
$335,874
RealtyHop Estimate
-5.63%
Since Jun 1, 2022
TX-Dallas
Primary Model

About This Property

Freshly painted & professionally cleaned, this well maintained home is just the blank canvas you have been looking for. Come make this beautiful 5 bedroom 2.5 bathroom home your own! New roof with warranty, matching appliances, granite countertops, ceiling fans, faux wood blinds, walk-in closets, garden tub with separate shower in the owner's suite, & all of the extra space you need for a growing or extended family. Enjoy family time outdoors with a large backyard & beautiful community playground out front. All of the schools are less than 2 miles from home. Plenty of ponds, pools, & sidewalk trails. Hurry it won't last long, come see it today!

**Multiple Offers have been received, best & final due by 10am CST Sunday April 17th, 2022.**
Unit Size
2,724 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$131
Property Type
House
Property Taxes
$627
HOA Dues
$41
Year Built
2015

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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: 3 years ago (NTREIS #20032401)

Price History

Date / Event Date Event Price
May 3, 2022 Sold
Premium
Sold
Apr 14, 2022 Listed by Sprout Realty $355,900
Listed by Sprout Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,002
  • Total Building Area: 3,124
  • Gross Building Area: 3,140
  • Building Area: 2,724
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,724
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HONEYSUCKLE MEADOWS PH 3A SEC 1-3
  • Land Acres: 0000000161
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: HONEYSUCKLE MEADOWS PH 3A SEC 1-3, BLOCK H, LOT 24; & HOUSE

Neighborhood

  • School District Name: Forney Independent School District
  • Census Tract: 050204

Geography

  • Parcel: 78090
  • Block: H
  • Lot: 24
  • Municipality: FORNEY
  • Latitude: 32.7603
  • Longitude: -96.4162

    Address

  • Full Address: 2229 Sumac Dr
  • Address - House Number: 2229
  • Address - Street Name: Sumac
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Forney
  • Carrier Code: R012
  • 4-Digit Zip Code: 6597
  • Zip Code: 75126

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $740,229
  • Tax Rate Code Area: 6F CAD KC

    Appraisal Valuation

  • Standard Deviation: 0.1574
  • Valuation Date: Nov 23, 2022
  • Confidence Score: 80
  • Final Value: 364,455
  • High Value: 421,853
  • Low Value: 307,056

    Market Valuation

  • Market Total Value: $278,169
  • Market Land Value: $55,000
  • Market Improvement Value: $223,169

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $301,532

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 11, 2020
  • Current Sale Recording Date: Dec 07, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 40
  • Current Sale Input Document Number: 2020-0039218
  • Previous Sale Recording Date: Jun 29, 2015
  • Previous Sale Contract Date: Jun 25, 2015
  • Previous Sale Amount: $203,900
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

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

About Windmill Farms

Stats & Trends

Median Asking:

$255,000

Sale Price/ft²

$138

Below Asking

0.03%

Average Days on Market

84

Average Home Size

2209 ft²

Average Home Age

18 years

Currently For Sale

31 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 1133 Barrix Drive, Forney, TX, 75126

$4,000 /mo

  • 5 Beds
  • 3 Baths
  • 2,950 ft²
1133 Barrix Drive, Forney, TX, 75126 Listing by Brandie Scales
Unit for rent at 1917 Applewood Trail, Forney, TX, 75126

$3,500 /mo

  • 4 Beds
  • 3 Baths
  • 2,164 ft²
1917 Applewood Trail, Forney, TX, 75126 Listing by Desieray Brown

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Jessica Hernandez, Sprout Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20032401
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 2229 Sumac Drive built and last sold?
The property at 2229 Sumac Drive was built in 2015 and last sold on Nov 11, 2020 for $166,800.
How much is this home worth?
The estimated value of the home located at 2229 Sumac Drive is $0.
What are some comparable homes to 2229 Sumac Drive?
There are currently no comparable homes to 2229 Sumac Drive.
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