NOT LISTED FOR SALE

503 Madrone Trail Forney, TX 75126

Estimated Value: $313,000 - $374,000

3 Beds
2 Baths
1,880 Sq Ft
$181/Sq Ft Est. Value

Last Sold July 29, 2021

Current estimated payment $2,349/month

6 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Bay Window
  • Claybon Elementary School Rated A-
  • 2 Car Attached Garage
  • Home Security System

About This Home

As of July 2021

This must-see custom built home is located in the Trails of Chestnut Meadows subdivision within the prestigious Forney ISD. This 3 bedroom, 2 bath, 2 car garage home features an open floorplan with gorgeous dark stained cabinets, granite countertops, and stainless steel appliances. Master bath features spa garden tub as well as a separate stand up shower plus his and her sinks. Recently constructed outdoor patio is perfect for enjoying the outdoors and entertaining. Make your appointment today, because this one won't last long!

Last Agent to Sell the Property

Casey Townsend

Elsie Halbert Real Estate, LLC License #0594683 Listed on: 06/22/2021

Last Buyer's Agent

Dianne Gary

Coldwell Banker Apex, REALTORS License #0684657

Coldwell Banker Apex, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,963

Year Built

  • Built in 2012

Lot Details

  • 8,494 Sq Ft Lot
  • Wood Fence
  • Landscaped

HOA Fees

  • $37 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,880 Sq Ft Home
  • 1-Story Property
  • Decorative Lighting
  • Gas Log Fireplace
  • Bay Window
  • Wood Flooring
  • Home Security System

Kitchen

  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Claybon Elementary School
  • Warren Middle School
  • Forney High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Community Details

  • Association fees include maintenance structure
  • Classic Property Management HOA, Phone Number (817) 640-2064
  • Trails Of Chestnut Meadow Ph 4 Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Legal Lot and Block 2 / Y
  • Assessor Parcel Number 177597
  • $5,792 per year unexempt tax

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,963

Year Built

Built in 2012

Lot Details

0

HOA Fees

$37 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structural Style: Single Detached
  • Unit Levels: One
  • Security: Security System
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 176.06383
  • Special Features: None
  • Year Built: 2012

Interior Features

  • Square Footage: 1880.00
  • Windows: Bay Window(s)
  • Fireplace Features: Gas Logs
  • Interior Amenities: Decorative Lighting, High Speed Internet Available
  • Flooring: Wood
  • Appliances: Disposal, Electric Range, Microwave, Plumbed for Ice Maker
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 7

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Slab
  • Fencing: Wood
  • Roof: Composition
  • Construction Materials: Brick
  • Exterior Features: Covered Patio/Porch
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Central Air, Electric
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Electric
  • Utilities: City Sewer, City Water

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure
  • Association Fee: 440
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: Classic Property Management
  • HOA Management Company: 817-640-2064

Schools

  • School District: Forney ISD
  • Elementary School: Claybon
  • Middle School: Warren
  • High School: Forney
  • School District: Forney ISD
  • Elementary School: Claybon
  • Primary School: Forney
  • High School: Forney

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Landscaped, Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 0.1950
  • Parcel Number: 177597
  • Lot Size Acres: 0.1950
  • Lot Size Sq Ft: 8494.2000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2012

Tax Info

  • Unexempt Taxes: 5792
  • TaxBlock: Y
  • Tax Lot: 2

MLS Schools

  • MiddleOrJuniorSchool: Warren
  • Middle School Name: Warren
  • Elementary School Name: Claybon
  • High School Name: Forney

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2025
Sold by
Monaco Amy Eileen Cooper
Bought by
Monaco Rocco
Current Estimated Value
$340,770

Purchase Details

Listed on
Jun 22, 2021
Closed on
Jul 28, 2021
Sold by
Keils Kathy Sue and Gachot Donald Allen
Bought by
Monaco Rocco
Seller's Agent
Casey Townsend
Elsie Halbert Real Estate, LLC
Buyer's Agent
Dianne Gary
Coldwell Banker Apex, REALTORS
List Price
$299,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.59%
Original Mortgage
$311,000
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 7, 2019
Closed on
Jul 5, 2019
Sold by
Garner Leigh M and Hull Leigh Garner
Bought by
Keils Kathy Sue
Seller's Agent
Alie Fonseca
WILLIAM DAVIS REALTY FRISCO
Buyer's Agent
Suzanne Graham
Crowell Real Estate
List Price
$259,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.00%
Original Mortgage
$207,900
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2013
Sold by
Magatel Homes Inc
Bought by
Garner Leigh M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,530
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2012
Sold by
Chestnut Meadows Iv Ltd
Bought by
Megatel Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Monaco Rocco -- None Listed On Document
Monaco Rocco -- None Listed On Document
Monaco Rocco -- Fair Texas Title Llc
Keils Kathy Sue -- First American Title Ins Co
Garner Leigh M -- Chicago Title
Megatel Homes Inc -- Hexter Fair Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Monaco Rocco $311,000
Previous Owner Keils Kathy Sue $209,383
Previous Owner Keils Kathy Sue $207,900
Previous Owner Garner Leigh M $196,530
Previous Owner Megatel Homes Inc $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2021 07/29/21 Sold -- -- --
06/28/2021 06/28/21 Pending -- -- --
06/22/2021 06/22/21 For Sale $299,000 +15.0% $159 / Sq Ft
07/05/2019 07/05/19 Sold -- -- --
06/19/2019 06/19/19 Pending -- -- --
06/07/2019 06/07/19 For Sale $259,900 -- $137 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

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 $5,963 $338,694 $90,000 $248,694
2024 $5,963 $344,051 $90,000 $254,051
2023 $5,935 $349,449 $90,000 $259,449
2022 $7,052 $319,739 $70,000 $249,739
2021 $6,361 $263,044 $70,000 $193,044
2020 $5,792 $239,500 $60,000 $179,500
2019 $6,601 $240,060 $40,000 $200,060
2018 $6,516 $236,960 $25,000 $211,960
2017 $6,174 $238,290 $25,000 $213,290
2016 $5,613 $217,880 $25,000 $192,880
2015 $5,027 $183,550 $25,000 $158,550
2014 $5,027 $185,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14607000

North Texas Real Estate Information Systems (NTREIS)

APN: 177597