2 months on rocket

401 E Broad St, Forney, TX, 75126

$249,000

Home List Price

$2,957*

Closing Credit

3 Bedrooms
1 Full Bath
864 SqFt
$288/SqFt
House

Location

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401 E Broad St, Forney$249,000

Buyer Closing Credits

$2,957*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAdditional Parking, Alley Access, Driveway, Off Site, On Site, On Street
Year Built1940
HeatingCentral
CoolingElectric
MLS #20709129
Lot Size0.11 Acres
StatusActive

About 401 E Broad St

Recently rezoned Commercial Retail Property nestled on a corner Lot. This 864 sqft. property offers a uniquely perfect potential for cozy Retail Space and Prime Location. Ripe for converting to retail or office use for Doctors, Lawyers, Dentists or even an Entrepreneurs Dream. Walk into a welcoming Living Space ideal for a reception area, show room, or entertaining guests. 3 Bedrooms easily convert to private offices and 1 bathroom for you and your guests' convenience. The current kitchen is a convenient option for a break room and perfect for enjoying your morning coffee or casual meals. Outside, the spacious lot of 4,687 sqft. provides ample space for parking. An above average AARP Walkability Score of 50; provides access to Forney points of interest: Post Office, Downtown, City Hall, County Clerk Office, Museum, Shops, Parks, and eateries. Great Opportunity filled with possibilities and unique potential to create a Dream Retail Space as a part of growing downtown Forney.

Property Details

Property Features

Property Information:

  • Architectural Style: Detached
  • Year Built: 1940
  • Living Area: 864 SqFt

Listing Office:

  • Office Name: Darryl Malloy
  • Office Phone: (469) 649-6274
  • Listing Agent: Darryl Malloy

Interior Features

Interior Information:

  • Appliances: Disposal, Gas Range
  • Basement: No
  • Flooring Type: Hardwood
  • Interior: Eat-in Kitchen

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Additional Parking, Alley Access, Driveway, Off Site, On Site, On Street

Virtual/3D Tour

  • Virtual Tour: 401 E Broad St
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Electric

School Info

Assigned Schools Information:

  • Forney High School, Public District Grades 9-12
  • Warren Middle School, Public District Grades 7-8
  • Rhea Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: Highway 80 to Pinson Road East on Broad St; property on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $249,000
  • Price Per SqFt: $288/SqFt

Tax Information:

  • Annual Amount: $2,253
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Forney, TX.

Med. List Price

$357.6K

Med. Price/SqFt

$167

Avg. Days On Market

100

# of Sold Homes

97

401 E Broad St vs Forney

68 DAYS ON ROCKET

-32 Days

$249,000

-$108.6K Less

$288/SqFt

+$121 More

KEY TAKEAWAY

This property is $108.6K less than the Median List Price and $121/SqFt more than other homes in Forney, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20709129

Listing Office:

  • Office Name: Darryl Malloy
  • Office Phone: (469) 649-6274
  • Listing Agent: Darryl Malloy

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/5/2024, 3:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,253$91,818
2019$2,005$77,510
2018$1,058$38,480
2017$1,067$38,800

History based on county public records data.

Payment Calculator

$1,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$813

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2086394
5
/10
  • Rhea Elementary School

  • 250 Monitor Dr

  • 1.79 miles

  • Public District Grades PK-6

Middle School

school-card-donut-2086395
6
/10
  • Warren Middle School

  • 811 S Bois D Arc St

  • 1.00 miles

  • Public District Grades 7-8

High School

school-card-donut-2086396
5
/10
  • Forney High School

  • 800 Fm 741

  • 1.69 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,408. The majority of Forney, TX residents have income between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 401 E Broad St

What is the listing price of this property?

The listing price of 401 E Broad St property is $249,000.

What type of property is this?

The property 401 E Broad St is a house located in Forney, Texas, 75126.

Is this property for sale now?

Active Listing: 401 E Broad St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 401 E Broad St are:
Rhea Elementary School: GreatSchools Rating 5/10
Warren Middle School: GreatSchools Rating 6/10
Forney High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,253 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 401 E Broad St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 401 E Broad St is 864 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 401 E Broad St is 1940.

Rocket Homes›Texas›Kaufman County›Forney›75126›401 E Broad St

This home is located at 401 E Broad St in Forney, TX and zip code 75126. This 864 square foot home, which was built in 1940, sits on a 0.11 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 29, 2024 and is currently priced at $249,000.

The inventory of homes for sale in Forney, TX between September 2024 and October 2024 increased by 2.7%. In October 2024, listings were on the market for 100 days. During the same period, the median list price in this real estate market was $357,606.

From Rocket Homes Real Estate and based on county public records data.

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