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$335,000

Beds
5
Baths
3.0
sq ft
2,675

1506 Fairfield Dr, Forney, TX 75126

1506 Fairfield Dr

Forney, TX 75126

  • 58 days on market
    • Price drop $5,000↓
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

$126

Year built

2005

Monthly HOA fee

$45.83

Price History

01/16/2025
NTREIS

NTREIS #20766480

Price change
$335,000
-1.47%
11/25/2024
NTREIS

NTREIS #20766480

Listed
$340,000
10/29/2024
NTREIS

NTREIS #20663337

Removed

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

$124,657
Asking price
$335,000
Closing costs (~8% of asking)
-$26,800
Est. remaining loan balance
-$183,543
Cash to seller
$124,657

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

$183,543

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?

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Status: Active

Tomo last checked: 01/22/2025 at 1:45 PM

Listing updated: 01/16/2025 at 9:52 AM

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

MLS: NTREIS #20766480

NTREIS logo

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