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B+
NoAgentList RatingHow are grades calculated? Info

$813,000

1023 Forestwood Lane, Coppell, TX, 75019

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,684 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$188.63 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size7,921 sqft

Building Information

Year Built1993
Stories1
Roof Type105
Garage Spaces2

Land Information

APN180024500F0280000
Lot Number28
SubdivisionLakewood
Land UseResidential
Legal DescriptionLAKEWOOD ESTATES BLK F LOT 28 INT202200180177 DD06282022 CO-DC 0024500F02800 2CO0024500F
Census Tract014123
Assessed Land Value$150,000
Assessed Improvement Value$587,630
Assessment Year2025

About this property

Showings Begin May 26. Coppell ISD, Lakeside Elementary just down the street. Impeccable drive up! This well maintained home is located within sought after Lakewood Estates Addition. This gem is the perfect home for those who like to entertain as well as the perfect family home. The open layout boasts 5 bdrms, 4 full baths, 4 living areas and is Nestled under a canopy of mature shade trees. The Spacious kitchen offers an island cooktop with downdraft, stainless appliances, breakfast bar, granite ctops and is open to a den with fireplace. The Grand owners suite offers easy access to the study plus a tastefully updated primary bath with his and her vanitites with quartz ctops, deep jetted tub & separate walkin closets. There is a secondary bdrm located on the first floor with access to a full bath. Upstairs offers an open loft living space, 3 more spacious bdrms and a hugh enclosed gameroom. Lushly landscaped with stone lined flower beds. Peaceful backyard is the perfect place to unwind!

Investor Tools

Property Icon
$813,000
Estimated Property Value
$0Estimated Mortgage Balance
$197,802Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,878 /month
Positive
Cash Flow Estimate:
$1,626 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,237/month
$448/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,781
$737,630
2025
$150,000
$587,630
$737,630
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,781
$737,630

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wintex Group Llc
Conventional
$400,000
No
First
Jun 28, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$615,198
$197,802
24%
76%
$3,898/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,160/mo
$4,346/mo
$-1,186/mo
4.7%

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.

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: Coppell

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1023 Forestwood Lane | Property Details | No Agent List