$403,000
NAL Estimated Property Value1007 Edgefield Lane, Forney, TX, 75126
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood
Exterior
Lot Size6,098 sqft
Building Information
Year Built2014
Stories2
Roof Type105
Garage Spaces2
Land Information
APN00.0857.0004.0020.00.02.00
Lot Number20
SubdivisionDevonshire Ph 1a
Land UseResidential
Legal DescriptionDEVONSHIRE PH 1A, BLOCK D, LOT 20; & HOUSE & HOUSE
Census Tract050209
Assessed Land Value$100,000
Assessed Improvement Value$296,882
Assessment Year2025
About this property
LIVE THE RESORT LIFESTYLE JUST 25 MINUTES FROM DOWNTOWN DALLAS. Home is in the Devonshire subdivision. This home features an open kitchen and living area perfect for entertaining. Lots of cabinets, granite countertops, stainless steel appliances. The master has duel sinks, separate shower, walk in closet. Secondary bedrooms upstairs with a quest bedroom downstairs. Gameroom or second livingroom upstairs. Enjoy the community pool, clubhouse, trails, and much more. Close to schools
Investor Tools
$403,000
Estimated Property Value
$268,637Estimated Mortgage Balance
$134,363Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,418 /month
Positive
Cash Flow Estimate:
$806 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$950/month
$480/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,384
$396,882
2025
$100,000
$296,882
$396,882
No
Tax History
Year
Tax Paid
Assessed Value
2024
$9,384
$396,882
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Provident Funding Associates Lp
Conventional
$301,150
No
First
Oct 16, 2020
Dec 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$268,637
$134,363
33%
67%
$1,806/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$2,286/mo
+$1,054/mo
9.9%
