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Forney 75126 South Lake Estates
408 Carl C Senter Street
$233,000
● House - Off Market

408 Carl C Senter Street

Forney, TX 75126
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,264 Ft²
$238,124
RealtyHop Estimate
8.24%
Since Jan 1, 2022
TX-Dallas
Primary Model

About This Property

Beautifully updated home in Forney with 3 bedrooms & 1 bathroom.  Lovely open living area with wood burning fireplace.  Spacious kitchen with adjoining dining area overlooking the living room.  Large master bedroom with wood burning fireplace & walk-in closet.  You'll love the backyard with large patio & storage building, great area for entertainment & family gatherings.  Roof was just replaced in September 2021, HVAC in 2016, & added insulation in attic in 2016.  Located near shopping, dining, and schools.
Unit Size
1,264 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$174
Property Type
House
Property Taxes
$272
HOA Dues
-
Year Built
1982

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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 #14704401)

Price History

Date / Event Date Event Price
Dec 9, 2021 Sold
Premium
Sold
Nov 4, 2021 Listed by Kile Properties $220,000
Listed by Kile Properties

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,200
  • Lot Size Depth Feet: 1,200
  • Total Building Area: 1,664
  • Gross Building Area: 1,680
  • Building Area: 1,664
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,664
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOUTH LAKE 3
  • Land Acres: 0000000165
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: SOUTH LAKE EST #3 BLOCK K LOT 7

Neighborhood

  • School District Name: Forney Independent School District
  • Census Tract: 050201

Geography

  • Parcel: 37053
  • Block: K
  • Lot: 7
  • Municipality: FORNEY
  • Latitude: 32.7633
  • Longitude: -96.4617

    Address

  • Full Address: 408 Carl C Senter St
  • Address - House Number: 408
  • Address - Street Name: Carl C Senter
  • Address - Suffix Type: St
  • State: TX
  • City Name: Forney
  • Carrier Code: R003
  • 4-Digit Zip Code: 9659
  • Zip Code: 75126

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $552,460
  • Tax Rate Code Area: CAD CF KC

    Appraisal Valuation

  • Standard Deviation: 0.1989
  • Valuation Date: Nov 23, 2022
  • Confidence Score: 73
  • Final Value: 337,370
  • High Value: 404,492
  • Low Value: 270,247

    Market Valuation

  • Market Total Value: $196,482
  • Market Land Value: $42,500
  • Market Improvement Value: $153,982

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $250,502
  • Assessed Land Value: $58,500
  • Assessed Improvements Value: $192,002

    Sales

  • Current Sale Contract Date: Dec 08, 2021
  • Current Sale Recording Date: Dec 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2021-0050892
  • Previous Sale Recording Date: Nov 04, 2015
  • Previous Sale Contract Date: Oct 30, 2015
  • Previous Sale Amount: $122,400
  • 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 South Lake Estates

Stats & Trends

Median Asking:

$234,250

Sale Price/ft²

$147

Below Asking

0.04%

Average Days on Market

80

Average Home Size

1701 ft²

Average Home Age

45.7 years

Currently For Sale

6 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 313 Caladium Drive, TX, 75126

$1,999 /mo

  • 4 Beds
  • 2 Baths
  • 1,925 ft²
313 Caladium Drive, TX, 75126 Listing by Danting Li
Unit for rent at 125 Maverick Ln, Forney, TX, 75126

$1,999 /mo

  • 4 Beds
  • 2 Baths
  • 1,846 ft²
125 Maverick Ln, Forney, TX, 75126 Listing by Allison Engel

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Shannon Runyan, Kile Properties
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14704401
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 408 Carl C Senter Street built and last sold?
The property at 408 Carl C Senter Street was built in 1982 and last sold on Dec 8, 2021 for $233,000.
How much is this home worth?
The estimated value of the home located at 408 Carl C Senter Street is $0.
What are some comparable homes to 408 Carl C Senter Street?
There are currently no comparable homes to 408 Carl C Senter Street.
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