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Kaufman 75126
3025 Seth Lane
$371,000
● House - Off Market

3025 Seth Lane

Forney, TX 75126
bedrooms
5 Beds
bathrooms
0 Bath
square feet
2,045 Ft²
$331,696
RealtyHop Estimate
-5.23%
Since Jul 1, 2022
TX-Dallas
Primary Model

About This Property

MULTIPLE OFFERS RECEIVED.  HIGHEST AND BEST DUE BY 9 PM TUESDAY MAY 10.

Spacious 5 bedroom home in Forney ISD. Great home drive up with stone elevation.  Home features a split bedroom arrangement, with large master bedroom and spacious secondary bedrooms. Living, dining, and kitchen features an open floorplan perfect for entertaining. Full size laundry room. Large backyard with private wood fence. Neighborhood features a community pool. Also conveniently located near I-20.
Unit Size
2,045 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$171
Property Type
House
Property Taxes
$590
HOA Dues
$35
Year Built
2018

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #20051608)

Price History

Date / Event Date Event Price
Jun 1, 2022 Sold
Premium
Sold
May 7, 2022 Listed by Coldwell Banker Apex, REALTORS $350,000
Listed by Coldwell Banker Apex, REALTORS

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,898
  • Total Building Area: 2,465
  • Gross Building Area: 2,529
  • Building Area: 2,045
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,045
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VINTAGE MEADOWS PH 3
  • Land Acres: 0000000158
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: VINTAGE MEADOWS PH 3, BLOCK L, LOT 14

Neighborhood

  • Census Tract: 050206

Geography

  • Parcel: 197351
  • Block: L
  • Lot: 14
  • Municipality: FORNEY
  • Latitude: 32.7021
  • Longitude: -96.4559

    Address

  • Full Address: 3025 Seth Ln
  • Address - House Number: 3025
  • Address - Street Name: Seth
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Forney
  • Carrier Code: R023
  • 4-Digit Zip Code: 1635
  • Zip Code: 75126

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $707,871
  • Tax Rate Code Area: 6F CAD FWS

    Appraisal Valuation

  • Standard Deviation: 0.1862
  • Valuation Date: Oct 26, 2022
  • Confidence Score: 75
  • Final Value: 368,886
  • High Value: 437,596
  • Low Value: 300,175

    Market Valuation

  • Market Total Value: $247,233
  • Market Land Value: $52,500
  • Market Improvement Value: $194,733

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $325,567
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $255,567

    Sales

  • Current Sale Contract Date: May 27, 2022
  • Current Sale Recording Date: Jun 16, 2022
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 23383
  • Previous Sale Recording Date: Nov 13, 2018
  • Previous Sale Contract Date: Nov 09, 2018
  • Previous Sale Amount: $221,000
  • 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 Kaufman

Stats & Trends

Median Asking:

$305,000

Sale Price/ft²

$159

Above Asking

0.28%

Average Days on Market

80

Average Home Size

2249 ft²

Average Home Age

13.4 years

Currently For Sale

1461 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 1209 Rogers Parkway, Forney, TX, 75126

$3,700 /mo

  • 5 Beds
  • 3 Baths
  • 3,868 ft²
1209 Rogers Parkway, Forney, TX, 75126 Listing by Richard Avery

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Sandra Carrasco, Coldwell Banker Apex, REALTORS
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20051608
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 3025 Seth Lane built and last sold?
The property at 3025 Seth Lane was built in 2018 and last sold on May 27, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 3025 Seth Lane is $353,500.
What are some comparable homes to 3025 Seth Lane?
There are currently no comparable homes to 3025 Seth Lane.
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