J
Seller's Agent in 2019
Jason Newton
Regal, REALTORS
11511 Farm To Market 548 Forney, TX 75126
Estimated Value: $282,000
4
Beds
3.5
Baths
2,016
Sq Ft
$140/Sq Ft
Est. Value
Highlights
- 1.2 Acre Lot
- Dual Staircase
- Victorian Architecture
- Johnson Elementary School Rated 10
- Wood Flooring
- Corner Lot
About This Home
As of March 2019Great Commercial Potential! Chance to own a piece of Forney History. Built around 1920, this Victorian inspired farm house is ready for someone to lovingly repair and make it a showcase again. Roomy home with 4 bedrooms, 3 full baths, 1 half bath and 3 living areas. Spacious eat in kitchen with island. Extra wide staircase, tons of storage, original hardwoods on first floor and welcoming wrap around porch all situated on over one acre just outside the city limits. Property has tons of potential located in the mist of growing area. Commercial Possibilities! Great location for local business.
Last Agent to Sell the Property
Jason Newton
Regal, REALTORS License #0602400 Listed on: 06/21/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $25,674
Year Built
- Built in 1920
Lot Details
- 1.2 Acre Lot
- Corner Lot
Parking
- 3 Carport Spaces
Home Design
- Victorian Architecture
- Composition Roof
Interior Spaces
- 2,016 Sq Ft Home
- 2-Story Property
- Dual Staircase
- Gas Log Fireplace
- ENERGY STAR Qualified Windows
- Window Treatments
- Plumbed For Ice Maker
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
Outdoor Features
- Covered Patio or Porch
Schools
- Johnson Elementary School
- Warren Middle School
- Forney High School
Utilities
- No Cooling
- Propane
- Co-Op Water
- Septic Tank
- High Speed Internet
- Cable TV Available
Community Details
- Colonial Acres Subdivision
Listing and Financial Details
- Assessor Parcel Number 20711
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 9, 2020
Sold by
Anna & Ashish Investments
Bought by
Psi Investments
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Outstanding Balance
$842,640
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Closed on
May 21, 2019
Sold by
Lakhani Amir
Bought by
Anna & Ashish Investments
Purchase Details
Listed on
Jun 21, 2018
Closed on
Mar 20, 2019
Sold by
Hoover Robert P
Bought by
Lakhani Amir
Seller's Agent
Jason Newton
Regal, REALTORS
Buyer's Agent
Salim Lakhani
Beam Real Estate, LLC
List Price
$350,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.4%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Dec 18, 2014
Sold by
Jdjk Properties Lp
Bought by
Hoover Robert P
Purchase Details
Closed on
Mar 22, 2014
Sold by
Krugjohann Jay W and Krugjohann Denise E
Bought by
Jdjk Properties Lp
Purchase Details
Closed on
Jul 5, 2007
Sold by
Newton Raymond E and Newton Judy Kay
Bought by
Krugjohann Jay W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,250
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Psi Investments | -- | Title Partners Llc | |
| Psi Investments | -- | None Listed On Document | |
| Anna & Ashish Investments | -- | None Available | |
| Lakhani Amir | -- | First American Title Ins Co | |
| Hoover Robert P | -- | Ranger Title Co | |
| Jdjk Properties Lp | -- | None Available | |
| Krugjohann Jay W | -- | Ranger Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Psi Investments | $975,000 | |
| Closed | Psi Investments | $975,000 | |
| Previous Owner | Anna & Ashish Investments | $450,000 | |
| Previous Owner | Lakhani Amir | $100,000 | |
| Previous Owner | Krugjohann Jay W | $147,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/20/2019 03/20/19 | Sold | -- | -- | -- |
| 11/28/2018 11/28/18 | Pending | -- | -- | -- |
| 06/21/2018 06/21/18 | For Sale | $350,000 | -- | $174 / Sq Ft |
Source: North Texas Real Estate Information Systems (NTREIS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $25,674 | $1,425,000 | $277,042 | $1,147,958 |
| 2024 | $25,674 | $1,470,000 | $277,042 | $1,192,958 |
| 2023 | $24,350 | $1,400,000 | $277,042 | $1,122,958 |
| 2022 | $20,362 | $1,127,675 | $230,868 | $896,807 |
| 2021 | $21,535 | $1,127,675 | $230,868 | $896,807 |
| 2020 | $13,925 | $729,180 | $45,050 | $684,130 |
| 2019 | $3,490 | $161,670 | $27,130 | $134,540 |
| 2018 | $3,565 | $165,150 | $30,070 | $135,080 |
| 2017 | $3,436 | $159,170 | $30,070 | $129,100 |
| 2016 | $3,195 | $148,000 | $30,070 | $117,930 |
| 2015 | $2,857 | $130,660 | $30,070 | $100,590 |
| 2014 | $2,857 | $133,110 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Dee Goist
Seller Co-Listing Agent in 2019
Dee Goist
Regal, REALTORS
(214) 725-0869
2 in this area
42 Total Sales
-
Salim Lakhani
S
Buyer's Agent in 2019
Salim Lakhani
Beam Real Estate, LLC
(469) 446-6308
5 Total Sales
Map
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 13872994
APN: 20711
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved
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