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$245,000
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Property Description
Opportunity in Forney - Investor Special! This property qualifies for a Homestyle renovation loan, allowing a buyer to finance the finish-out as part of their mortgage. Buyers can choose their own finishes and work with their preferred contractors, rolling renovation costs into one loan rather than paying out of pocket. It's a smart way to customize the home while spreading renovation costs over time. This 3-bedroom, 3-bath home sits on a large lot of over one-third acre with no HOA and is approximately 90% complete, ready for final finishes. Much of the major work has already been completed, including LVP and tile flooring, windows, and finished drywall. Gas, water, sewer, and electric are all connected and have passed city inspection. All required phase inspections have been completed and approved by the city. The only remaining inspection needed is the Certificate of Occupancy once construction is finished. The kitchen and bathrooms still need to be completed, offering a prime opportunity for an investor or owner-occupant to customize the space and build instant equity. Key highlights: Oversized lot with room to expand No HOA restrictions Functional floor plan with 3 full baths Utilities connected and city-approved Major construction already complete Whether you're looking for your next flip, a rental investment, or a home you can finish to your own taste, this property offers strong upside in the growing Forney market.
Full Property Details
Full Property Details for 308 N McGraw St
General
- Price: $245,000
- Taxes: $1,817
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21068589
- Updated: 1/16/2026
- Added to Site: 111 day(s) ago
Interior
- Interior Features: Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
- Flooring: Luxury Vinyl Plank, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Exterior
- Porch/Patio/Deck: Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Garage Faces Front, Garage, Kitchen Level
Location
- County: Kaufman
- Subdivision: Forney Rev
- Driving Directions: Take the Broad St exit from US-80 E Merge onto US-80 E. Exit onto W Broad St U.S. 80 Frontage Rd toward FM 688F M 740 Pinson Rd. Continue on U.S. 80 Frontage Rd. Drive to N McGraw St. Merge onto W Broad St U.S. 80 Frontage Rd. Continue to follow U.S. 80 Frontage Rd. Turn R onto N McGraw St
School Information
- Elem School District: Forney ISD
- Midd School District: Forney ISD
- High School District: Forney ISD
- Elementary School: Johnson
- Middle School: Warren
- High School: Forney
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Sewer Available, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Traditional, Detached
- Structure Type: House
- Detached/Attached: Detached
- Stories/Levels: 1
- Living Area: 1,800 Sq. Ft.
- Year Built: 2024
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.36
- Lot Size (Sq. Ft.): 15,681.6
- Lot Size Source: Assessor
- Lot Dimensions: 104 x 150
- Lot Features: Back Yard, Interior Lot, Lawn, Level, Few Trees
- Fencing (Description): Chain Link
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $1,817
- Terms: Cash, Other
Disclosures and Reports
- Legal Description: FORNEY REVISED, BLOCK P, LOT 6; & HOUSE
- Property ID: 23900
- Block: P
- Lot Number: 6
Listed by CENTURY 21 Judge Fite Co., Danielle Watkins
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Schools
Schools serving 308 N McGraw St
School District:Forney Independent School District
| Name | Grades | Distance |
|---|---|---|
Rhea Intermediate School 250 Monitor Boulevard, Heath, TX 75126 | 5-6 | 2.2 mi |
Warren Middle School 811 South Bois D Arc Street, Forney, TX 75126 | 7-8 | 1.3 mi |
Forney High School 1800 Fm 741 S, Forney, TX 75126 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 308 N McGraw St
Date
Details
Price
Change
Source
12/18/2025
Price Reduced
$245,000
-5.77%
MLS
12/01/2025
Price Reduced
$260,000
-5.45%
MLS
10/13/2025
Price Reduced
$275,000
-5.17%
MLS
9/28/2025
Listed
$290,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 308 N McGraw St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,818
-53%
$237,570
175%
2023
$3,857
—
$86,249
-54%
2023
$3,857
6%
$186,585
13%
2022
$3,638
49%
$164,952
58%
2021
$2,443
-5%
$104,660
-1%
2020
$2,563
26%
$105,980
35%
2019
$2,037
61%
$78,740
71%
2018
$1,269
—
$46,160
—
2017
$1,275
16%
$46,380
18%
2016
$1,097
2%
$39,470
3%
2015
$1,075
-7%
$38,190
-2%
2013
$1,152
—
$39,110
-3%
2013
$1,152
—
$40,470
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 308 N McGraw St
308 N McGraw Street, Forney, TX 75126 (MLS# 21068589) is a Single Family property with 3 bedrooms and 3 full bathrooms. 308 N McGraw Street is currently listed for $245,000 and was received on September 28, 2025. Want to learn more about 308 N McGraw Street? Do you have questions about finding other Single Family real estate for sale in Forney? You can browse all Forney real estate or contact a Coldwell Banker agent to request more information.

