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Days18Days on Market
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$299,990

$314,990

1013 Somerset Circle, Forney, TX, 75126

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,855 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$161.72 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size6,970 sqft

Building Information

Year Built2011
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.0857.0006.0008.00.02.00
Lot Number8
SubdivisionDevonshire Ph 1a
Land UseResidential
Legal DescriptionDEVONSHIRE PH 1A, BLOCK F, LOT 8; & HOUSE & HOUSE
Census Tract050209
Assessed Land Value$100,000
Assessed Improvement Value$229,002
Assessment Year2025

About this property

Welcome to this beautifully maintained home located in one of the area’s most sought after master planned communities. From the moment you arrive, you’ll appreciate the charming curb appeal, mature landscaping, and inviting exterior. Inside, the home offers a spacious and functional layout with elegant finishes, soaring ceilings, crown molding, rich cabinetry, and abundant natural light throughout. The kitchen is designed for both everyday living and entertaining, featuring granite countertops, stainless steel appliances, a gas cooktop, ample cabinet space, and a large center island overlooking the living area. The spacious family room offers a cozy fireplace and seamless flow into the dining spaces, creating the perfect gathering place for family and friends. Retreat to the oversized primary suite complete with a wall of windows overlooking the backyard, a luxurious ensuite bath with dual vanities, a soaking tub, separate shower, and generous walk in closet. The backyard provides plenty of room to relax, play, or entertain under the covered patio while enjoying the privacy of the expansive yard. Beyond the home, enjoy an incredible lifestyle with access to outstanding community amenities including multiple stocked ponds, miles of greenbelt space and walking trails, two resort style swimming pools, a basketball court, sand volleyball pit, spray park, playgrounds, and additional parks for children to enjoy. This exceptional home combines comfort, space, and convenience while offering the amenities and community atmosphere today’s buyers are searching for. A rare opportunity to enjoy resort style living in a vibrant neighborhood with something for everyone

Investor Tools

Property Icon
$329,002
Estimated Property Value
$0Estimated Mortgage Balance
$185,945Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,974 /month
Positive
Cash Flow Estimate:
$658 /month

Interested in this property?

Joey Stanbery

RE/MAX DFW Associates

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$762/month
$181/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,497
$329,002
2025
$100,000
$229,002
$329,002
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,497
$329,002

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Veritex Community Bank
Conventional
$193,610
No
First
Aug 8, 2014
Sep 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$143,057
$185,945
56%
43%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$181/mo
+$2,379/mo
9.3%

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.

Explore Texas Explore This Area
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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1013 Somerset Circle | Property Details | No Agent List