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$541,598

1012 Mallard Dr, Forney, TX, 75126

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,972 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134.16 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Convection Oven, Double Oven, Tankless Water Heater, Vented Exhaust Fan, Other
FlooringCarpet, Hardwood, Laminate, Tile

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard, Garden
Lot Size8,638 sqft

Building Information

Year Built2017
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00.1319.0008.0073.00.02.02
Lot Number73
SubdivisionGrayhawk Addition Ph 2
Land UseResidential
Legal DescriptionGRAYHAWK ADDITION PH 2, BLOCK 8, LOT 73; & HOUSE & HOUSE
Census Tract050215
Assessed Land Value$122,500
Assessed Improvement Value$419,098
Assessment Year2025

About this property

STOP SCROLLING. This is the one buyers wait for — and rarely find. Located in highly sought-after Forney ISD with NO MUD and NO PID, this home delivers luxury, functionality, and thoughtful upgrades at every turn. From the moment you enter the dramatic two-story foyer with its sweeping curved staircase, you feel the difference. The open-concept design flows effortlessly into a chef-inspired kitchen featuring custom cabinetry, an oversized statement island, double wall ovens, gas cooktop, and built-in stainless appliances — designed for gatherings, holidays, and everyday living that feels elevated. The living and kitchen spaces blend seamlessly, creating the perfect setting for entertaining or cozy nights at home. Step outside and the magic continues. The oversized covered patio is a true indoor-outdoor extension of the home, complete with Phantom retractable shades, TV mount, electrical outlets, and surround sound pre-wiring. Morning coffee, game days, summer nights — this space was built for memories. And for those with a green thumb, the Vita raised garden beds are ready for fresh herbs and homegrown produce. The primary suite is a private retreat featuring a custom walk-in shower, dual vanities, and a spacious walk-in closet designed for real life. Upstairs, oversized bedrooms with walk-in closets and vaulted ceilings create bright, airy spaces, while the media-flex room is ready for movie nights, a game room, or home gym. Realtors — your buyers will appreciate the 3-car garage, upgraded energy-efficient HVAC systems, tankless water heater, foundation soakers, full security system, and smart IKEA-designed laundry storage. The upgrade list is extensive — buyers, be sure to ask your Realtor for the complete feature sheet detailing everything this home offers. Homes with this level of care, upgrades, and utility advantages rarely hit the market. Schedule your private tour before someone else calls it home.

Investor Tools

Property Icon
$541,598
Estimated Property Value
$279,500Estimated Mortgage Balance
$290,773Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,250 /month
Positive
Cash Flow Estimate:
$1,083 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,028/month
$530/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,624
$541,598
2025
$122,500
$419,098
$541,598
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,624
$541,598

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trinity Oaks Mortgage Llc
Conventional
$279,500
No
First
Jan 25, 2021
Feb 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$250,825
$290,773
53%
46%
$1,676/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$2,206/mo
+$354/mo
5.7%

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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1012 Mallard Dr | Property Details | No Agent List