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$335,000

1016 Weeson Rd, Forney, TX, 75126

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,510 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$133.47 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesGarden
Lot Size6,608 sqft

Building Information

Year Built2007
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00.3834.0004.0017.00.02.00
Lot Number17
SubdivisionTravis Ranch Ph 2a
Land UseResidential
Legal DescriptionTRAVIS RANCH PH 2A, BLOCK D, LOT 17
Census Tract050207
Assessed Land Value$75,000
Assessed Improvement Value$249,552
Assessment Year2025

About this property

Don’t miss this opportunity to own a quality-built David Weekley home in the highly sought-after Travis Ranch community of Forney. Freshly painted and completely vacant, this move-in-ready home offers an open-concept floor plan with spacious living and dining areas, generously sized bedrooms, and a functional layout designed for comfortable everyday living and entertaining. The covered back patio extends the living space outdoors, and the hot tub conveys with the property, providing a great place to relax year-round. A full sprinkler system helps make lawn maintenance easy and convenient. One of the home's standout features is its location directly across from a neighborhood playground, providing convenient access to outdoor recreation and open green space. Residents of Travis Ranch enjoy exceptional community amenities, including parks, walking trails, playgrounds, and a splash park. Conveniently located near Lewis Elementary School, shopping and dining at The Village at Forney Marketplace, and with easy access to US-80, this home offers an easy commute to Dallas, Mesquite, and Terrell.

Investor Tools

$31,100Estimated Mortgage Balance
$293,452Estimated Equity
90% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,010 /month
Positive
Cash Flow Estimate:
$670 /month

Interested in this property?

Ivan Villalobos

Texas Signature Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$512/month
$409/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,517
$324,552
2025
$75,000
$249,552
$324,552
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,517
$324,552

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mesquite Cu
Credit Line (Revolving) / Heloc
$60,000
No
First
Nov 29, 2007
Jan 2014

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$31,100
$293,452
90%
10%
$360/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$769/mo
+$2,571/mo
12.3%

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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