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Forney 75126
306 Burgett Street
$365,000
● House - Off Market

306 Burgett Street

Forney, TX 75126
bedrooms
3 Beds
bathrooms
0 Bath
square feet
2,200 Ft²
$365,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
TX-Dallas
Primary Model

About This Property

Home centrally located in the heart of picturesque downtown Forney. Oversized lot. Beautiful custom home surrounded by mature trees on a corner lot with an amazing covered porch that stretches across the front of the home. Breathtaking lead glass windows on the front porch.  Stunning brick fireplace in the living room with gas logs.  Kitchen boasts of custom cabinets with some glass front cabinets,updated dishwasher,walk in pantry,tile countertops,breakfast bar and much more.  Split primary suite features wood floors in the bedroom,bathroom has 2 walk in closets,double sinks, framed mirrors, glass blocks,jetted tub, separate shower and a built in vanity area, lots of space. Some updates to include exterior of home painted August 2023,HVAC and ductwork replaced December 2021. You will love the industrial type shelves in the nook. Cozy covered back patio, great for entertaining. Conveniently located near shopping, dining in the downtown Forney area and a short distance to major highways.
Unit Size
2,200 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$166
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1995

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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 #20407771)

Price History

Date / Event Date Event Price
Nov 21, 2023 Sold
Premium
Sold
Aug 16, 2023 Listed by Ebby Halliday, REALTORS $365,000
Listed by Ebby Halliday, REALTORS

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • 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: 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: 460
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 66
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,812
  • Total Building Area: 2,706
  • Gross Building Area: 2,976
  • Building Area: 2,246
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,246
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FORNEY REVISED
  • Land Acres: 0000000409
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: FORNEY ORIGINAL BLOCK 33 LOT 2 REPLAT

Neighborhood

  • School District Name: Forney Independent School District
  • Census Tract: 050214

Geography

  • Assessors Map Reference: 363-B
  • Parcel: 23619
  • Block: 33
  • Lot: 2
  • Municipality: FORNEY
  • Latitude: 32.7501
  • Longitude: -96.4701

    Address

  • Full Address: 306 Burgett St
  • Address - House Number: 306
  • Address - Street Name: Burgett
  • Address - Suffix Type: St
  • State: TX
  • City Name: Forney
  • Carrier Code: R004
  • 4-Digit Zip Code: 8609
  • Zip Code: 75126

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $624,056
  • Tax Rate Code Area: SF

    Appraisal Valuation

  • Standard Deviation: 0.1567
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 80
  • Final Value: 410,538
  • High Value: 474,879
  • Low Value: 346,196

    Market Valuation

  • Market Total Value: $428,586
  • Market Land Value: $97,966
  • Market Improvement Value: $330,620

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $338,287

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 21, 2023
  • Current Sale Recording Date: Nov 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 32789
  • Previous Sale Recording Date: Mar 18, 2016
  • Previous Sale Contract Date: Mar 15, 2016
  • Previous Sale Amount: $192,000
  • 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 Forney

Stats & Trends

Median Asking:

$309,900

Sale Price/ft²

$152

Above Asking

2.72%

Average Days on Market

75

Average Home Size

2468 ft²

Average Home Age

16.1 years

Currently For Sale

126 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 910 York Street, Forney, TX, 75126

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,308 ft²
910 York Street, Forney, TX, 75126 Listing by Belinda Epps
Unit for rent at 812 Carmen Street, Forney, TX, 75126

$2,199 /mo

  • 4 Beds
  • 2 Baths
  • 1,876 ft²
812 Carmen Street, Forney, TX, 75126 Listing by Carrie Deraps
Unit for rent at 909 White Porch Avenue, Forney, TX, 75126

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,942 ft²
909 White Porch Avenue, Forney, TX, 75126 Listing by Anne Enloe

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Chris Parker, Ebby Halliday, REALTORS
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20407771
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 306 Burgett Street built and last sold?
The property at 306 Burgett Street was built in 1995 and last sold on Nov 21, 2023 for $361,971.
How much is this home worth?
The estimated value of the home located at 306 Burgett Street is $366,871.
What are some comparable homes to 306 Burgett Street?
There are currently no comparable homes to 306 Burgett Street.
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