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$249,999

1005 Halifax Lane, Forney, TX, 75126

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,698 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$147.23 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size6,098 sqft

Building Information

Year Built2002
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.4100.0015.0015.00.02.00
Lot Number15
SubdivisionWindmill Farms
Land UseResidential
Legal DescriptionWINDMILL FARMS PH 1C BLOCK O LOT 15
Census Tract050204
Assessed Land Value$70,000
Assessed Improvement Value$191,086
Assessment Year2025

About this property

Charming meticulously maintained family home! This home has been well cared for and is ready for a new family to love. The floor plan is perfect for entertaining with a large living area and wood burning fireplace. The kitchen is open and has great views of the large private backyard. The master suite is tucked away in the back of the home and is well appointed with a private ensuite. The secondary bedrooms are split from the master and feature their own bath. The front yard has gorgeous mature landscaping. This home is within walking distance of schools and the community pools.

Investor Tools

Property Icon
$261,086
Estimated Property Value
$0Estimated Mortgage Balance
$53,855Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,567 /month
Positive
Cash Flow Estimate:
$522 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$492/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,599
$261,086
2025
$70,000
$191,086
$261,086
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,599
$261,086

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lower Llc
Fha
$227,797
Yes
First
Aug 19, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$207,231
$53,855
20%
79%
$1,366/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$1,866/mo
+$694/mo
11.8%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Forney

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1005 Halifax Lane | Property Details | No Agent List