Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$385,000

1024 Macaw Drive, Forney, TX, 75126

PendingInfo
Beds4 Beds
Baths2 Bath
Baths2,188 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$175.96 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size8,468 sqft

Building Information

Year Built2018
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.1319.0008.0046.00.02.02
Lot Number46
SubdivisionGrayhawk Addition Ph 2
Land UseResidential
Legal DescriptionGRAYHAWK ADDITION PH 2, BLOCK 8, LOT 46; & HOUSE & HOUSE
Census Tract050215
Assessed Land Value$122,500
Assessed Improvement Value$296,535
Assessment Year2025

About this property

Exceptional opportunity in the highly sought-after masterplanned community of Grayhawk in Forney ISD! Situated on a spacious corner lot, this meticulously maintained 4-bedroom, 2-bath home offers 2,188 square feet of functional living space with a true dedicated home office that could easily serve as a 5th bedroom if desired. Designed with both comfort and entertaining in mind, the open-concept layout is filled with natural light and features a spacious living area that flows seamlessly into the kitchen and dining spaces. The well-appointed kitchen overlooks the main living area, creating the perfect setup for gatherings with family and friends. The private primary suite offers a relaxing retreat, while the split-bedroom floorplan provides flexibility and privacy for guests or growing families. Step outside to enjoy the oversized covered patio, ideal for outdoor dining, relaxing evenings, or weekend entertaining. One of the standout features of this property is the rare 3-car garage, providing ample space for vehicles, storage, hobbies, or a home gym setup. Located in one of Forney's most desirable neighborhoods feeding into Forney High School, residents enjoy access to community amenities, parks, pools, trails, and more. Conveniently located with quick access to HWY 80 and I-20, this home offers an easy commute to Dallas and surrounding areas while still maintaining the feel of a quiet suburban community. Even better, this property has NO MUD or PID tax, contributing to one of the lower overall tax rates in Forney ISD at just 2.1235%. Homes with this combination of condition, location, layout, and tax advantages are hard to find.

Investor Tools

$321,613Estimated Mortgage Balance
$97,422Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,514 /month
Positive
Cash Flow Estimate:
$838 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$808/month
$480/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,595
$419,035
2025
$122,500
$296,535
$419,035
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,595
$419,035

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Conventional
$332,000
No
First
Sep 5, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$321,613
$97,422
23%
77%
$1,991/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$2,471/mo
+$89/mo
7.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

1024 Macaw Drive | Property Details | No Agent List