tomo logo

$340,000

Beds
5
Baths
3.0
sq ft
2,675

1506 Fairfield Dr, Forney, TX 75126

1506 Fairfield Dr

Forney, TX 75126

  • 26 days on market
Welcome to this spacious 5-bedroom, 2.5-bathroom two-story home in the growing city of Forney, Texas! Perfect for families and those looking for room to grow, this home offers plenty of space. The kitchen overlooks the cozy living room, making it ideal for entertaining or family time. The master suite is a true retreat, featuring a en-suite bathroom with both a shower and a tub, dual vanities, and a walk-in closet. Upstairs, the loft area provides endless possibilities—a great space for a game room, play area, or additional living space. Three spacious bedrooms upstairs ensure that everyone has room to spread out, with plenty of closet space for storage. Located in an up-and-coming area of Forney, this home is situated in a neighborhood poised for growth, with new developments and amenities on the horizon. With easy access to major highways, dining, and entertainment, this property offers both comfort and convenience.

Details

Property type

Single Family Residence

Est. home value

$374,277

Lot size

8,712 sq ft

Price per sq ft

$128

Year built

2005

Monthly HOA fee

$45.83

Price History

11/25/2024
NTREIS

NTREIS #20766480

Listed
$340,000
10/29/2024
NTREIS

NTREIS #20663337

Removed
10/16/2024
NTREIS

NTREIS #20663337

Pending
$348,000

Schools & Community

Elementary school: 

Crosby

Middle school: 

Jackson

High school: 

North Forney

School district: 

Forney ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$128,783
Asking price
$340,000
Closing costs (~8% of asking)
-$27,200
Est. remaining loan balance
-$184,017
Cash to seller
$128,783

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Flagstar Bank Fsb

Loan start date

June 2016

Original loan amount

$225,637

Est. remaining balance

$184,017

Interest rate

3.59%

Loan type

FHA, 30 year

Seller

Ugochukwu Nwaro and Joy Nwaro

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Price drop
NTREIS
$324,995
5 bd
|
3 ba
|
2,626 sq ft
|
House

2019 Cone Flower Dr, Forney, TX 75126

NTREIS
$339,000
5 bd
|
3 ba
|
1,975 sq ft
|
House

1401 Fairfield Dr, Forney, TX 75126

Price drop
NTREIS
$385,000
5 bd
|
3 ba
|
2,788 sq ft
|
House

1110 Brigham Dr, Forney, TX 75126

Status: Active

Tomo last checked: 12/22/2024 at 4:25 AM

Listing updated: 12/12/2024 at 11:02 AM

Listed by: Lori Jacobson, DFW Legacy Group Phone #: (817) 500-5670

MLS: NTREIS #20766480

NTREIS logo

Recently listed in Forney

$616,325|5 bd|4.0 ba|House
$486,736|4 bd|3.0 ba|House
$355,000|4 bd|3.0 ba|House
$325,000|4 bd|2.0 ba|House
$735,197|5 bd|4.0 ba|House
$332,860|3 bd|2.0 ba|House
$382,000|3 bd|3.0 ba|House
$499,999|4 bd|4.0 ba|House
$432,000|5 bd|4.0 ba|House
$439,000|4 bd|4.0 ba|House