tomo logo

$286,400

Beds
4
Baths
3.0
sq ft
2,398

511 Wolf Dr, Forney, TX 75126

511 Wolf Dr

Forney, TX 75126

  • 26 days on market
    • Price drop $4,100↓
***Investment Opportunity **** “”””” Property As IS””””  “Investor Special! This property is being sold AS-IS, with no repairs or warranties from the seller. Great opportunity for fix-and-flip, rental income, or a renovation project. Cash or hard money offers preferred. Don’t miss out on this value-add opportunity!” This spacious, traditional single-family home in Forney features 4 bedrooms and 3 bathrooms, including 2 full baths and a convenient half bath. The home offers 2,398 sqft of living space, with a mix of tile, carpet, and laminate flooring, and a cozy fireplace in the living area. The kitchen comes with a microwave and electric oven, and there's even a water line to the refrigerator for added convenience. You'll appreciate the forced air heating and central cooling system that keeps the home comfortable year-round. The home is situated on a 7,013 sqft lot with a wood fence and a brick exterior. The attached garage provides easy parking, and the slab foundation ensures stability. Built in 2007, this property is well-maintained and ready to move in. It's connected to city water and sewer for convenience. Located in a peaceful neighborhood, this home is perfect for families looking for a functional and comfortable space in Forney.

Details

Property type

Single Family Residence

Est. home value

$339,789

Lot size

7,013.16 sq ft

Price per sq ft

$120

Year built

2007

Annual property taxes

$6,945

Monthly HOA fee

$62.5

Price History

03/17/2025
NTREIS

NTREIS #20861210

Price change
$286,400
-1.41%
03/06/2025
NTREIS

NTREIS #20861210

Listed
$290,500
10/23/2018
NTREIS

NTREIS #13862178

Removed

Schools & Community

Elementary school: 

Unknown

Middle school: 

Jackson

High school: 

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

$80,625
Asking price
$286,400
Closing costs (~8% of asking)
-$22,912
Est. remaining loan balance
-$182,863
Cash to seller
$80,625

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

Seller’s Loan History

Lender

Finance Of America Mortgage Llc

Loan start date

October 2018

Original loan amount

$207,000

Est. remaining balance

$182,863

Interest rate

4.54%

Loan type

New Conventional, 30 year

Seller

Luis Murillo

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?

Status: Active

Tomo last checked: 04/02/2025 at 8:55 AM

Listing updated: 03/17/2025 at 11:52 AM

Listed by: Madiha Asif, HSN Realty LLC Phone #: (214) 263-6530

MLS: NTREIS #20861210

NTREIS logo

Recently listed in Forney

$337,500|3 bd|2.0 ba|House
$340,000|4 bd|3.0 ba|House
$325,000|4 bd|3.0 ba|House
$425,000|4 bd|3.0 ba|House
$440,000|5 bd|4.0 ba|House
$255,000|3 bd|2.0 ba|House
$359,000|4 bd|2.0 ba|House
$620,000|4 bd|3.0 ba|House
$285,000|3 bd|2.0 ba|House