Check Availability
$250,000
● House - For Sale

516 Appaloosa Drive

Forney, TX 75126
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,093 Ft²
$1,880
Est. Monthly
$135
HOA / Fees
9.25%
Cap Rate

About This Property

Opportunity in Mustang Creek! Priced at $250,000, this 4-bedroom, 2.5-bath, two-story home offers approximately 2,093 square feet and plenty of potential for a buyer ready to make it their own. The first floor features two living areas, a fireplace, kitchen and dining space, utility room, and half bath, while all four bedrooms are located upstairs, including the spacious primary suite. A covered patio and backyard provide additional outdoor living space.Priced to create room for improvement.Investor and renovation buyers are also welcome. Bring your vision and explore the possibilities at 516 Appaloosa Drive.
Unit Size
2,093 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$119
Property Type
House
Property Taxes
$517
HOA Dues
$135
Year Built
2003

Listed By

Sandra Carrasco
Sandra Carrasco
Coldwell Banker Apex, REALTORS

Payment Calculator

Cap Rate Calculator

Last updated: 2 months ago (NTREIS #21389191)

Price History

Date / Event Date Event Price
Sep 17, 2026 Listed by True North Texas Realty & Co. $250,000
Listed by True North Texas Realty & Co.

Property Highlights

Garage
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Garage, Garage Faces Front
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Eat-in Kitchen, Cable TV Available
Appliances: Dishwasher, Disposal, Electric Range
Has Fireplace
Fireplace Features: Gas Log, Gas Starter, Brick
Fireplaces: 1
Exterior Details
Square Footage: 2093
Year Built: 2003
Levels: Two
Lot Size Area: 0.134
Lot Size Units: Acres
Lot Size Acres: 0.134
Lot Size Square Feet: 5837.04
Tax Lot: 24
Financial Details
Tax Annual Amount: $6,202
Location Details
HOA/Condo/Coop Fee Includes: Management Fees
HOA Fee: $135
HOA Fee Frequency: Semi-Annually

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • 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: 8
  • 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: 5,850
  • Lot Size Frontage Feet: 29,250
  • Total Building Area: 2,493
  • Gross Building Area: 2,637
  • Building Area: 2,093
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,093
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MUSTANG CREEK PH 2
  • Land Acres: 0000000134
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: MUSTANG CREEK PHASE 2 BLOCK F LOT 24

Neighborhood

  • School District Name: Forney Independent School District
  • Census Tract: 050209

Geography

  • Assessors Map Reference: 343-Z
  • Parcel: 57784
  • Block: F
  • Lot: 24
  • Municipality: FORNEY
  • Latitude: 32.7611
  • Longitude: -96.4555

    Address

  • Full Address: 516 Appaloosa Dr
  • Address - House Number: 516
  • Address - Street Name: Appaloosa
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Forney
  • Carrier Code: R022
  • 4-Digit Zip Code: 4722
  • Zip Code: 75126

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $661,386
  • Tax Rate Code Area: SF

    Appraisal Valuation

  • Standard Deviation: 0.2053
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 72
  • Final Value: 355,069
  • High Value: 427,996
  • Low Value: 282,142

    Market Valuation

  • Market Total Value: $299,892
  • Market Land Value: $65,000
  • Market Improvement Value: $234,892

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $299,892
  • Assessed Land Value: $65,000
  • Assessed Improvements Value: $234,892

    Sales

  • Current Sale Contract Date: Apr 25, 2022
  • Current Sale Recording Date: May 06, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 17812
  • Previous Sale Recording Date: Dec 13, 2012
  • Previous Sale Contract Date: Dec 10, 2012
  • Previous Sale Amount: $128,000
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

About Mustang Creek


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 105 Weaver Street, Forney, TX, 75126

$1,600 /mo

  • 3 Beds
  • 1 Bath
  • 1,000 ft²
105 Weaver Street, Forney, TX, 75126 Listing by Chase Crawford
Unit for rent at 513 Burgett Street, Forney, TX, 75126

$1,495 /mo

  • 2 Beds
  • 1 Bath
  • 1,056 ft²
513 Burgett Street, Forney, TX, 75126 Listing by Nan Riter


Frequently Asked Questions

When was property at 516 Appaloosa Drive built and last sold?
The property at 516 Appaloosa Drive was built in 2003 and last sold on Apr 25, 2022 for $312,949.
How much is this home worth?
The estimated value of the home located at 516 Appaloosa Drive is $253,729.
What are some comparable homes to 516 Appaloosa Drive?
There are currently no comparable homes to 516 Appaloosa Drive.