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$186,900

1021 Chelsea Lane, Forney, TX, 75126

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,556 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$120.12 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringCeramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size7,405 sqft

Building Information

Year Built2002
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.4100.0014.0001.00.02.00
Lot Number1
SubdivisionWindmill Farms
Land UseResidential
Legal DescriptionWINDMILL FARMS PH 1C BLOCK N LOT 1
Census Tract050204
Assessed Land Value$70,000
Assessed Improvement Value$180,844
Assessment Year2025

About this property

This beautiful home is located on a corner lot with a new roof in 2016, in 2014 hand scraped wood grain tile installed throughout the entry way, formal dining, hallways, living room, bathrooms, bedrooms and closets, spacious open kitchen, wood burning fireplace in living room, split bedrooms for privacy, large master bedroom, double sinks and updated master shower with tile bottom, walk in closet with shelves, sprinkler system and gutters! Windmill Farms features two community pools, playgrounds, walking trails, on site elementary, middle and high schools. Refrigerator included! Ready for an immediate move in!

Investor Tools

Property Icon
$250,844
Estimated Property Value
$0Estimated Mortgage Balance
$113,290Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,505 /month
Positive
Cash Flow Estimate:
$502 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$468/month
$495/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,356
$250,844
2025
$70,000
$180,844
$250,844
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,356
$250,844

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Great Western Financial Services Inc
Conventional
$134,900
No
First
Oct 19, 2018
Nov 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$137,554
$113,290
45%
55%
$967/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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