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$425,000

1026 Wedgewood Dr, Forney, TX, 75126

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,248 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$189.06 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Double Oven, Plumbed For Ice Maker
FlooringCarpet, Wood

Exterior

Exterior FeaturesLighting, Private Yard
Lot Size6,098 sqft

Building Information

Year Built2014
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.0857.0002.0043.00.02.00
Lot Number43
SubdivisionDevonshire Ph 1a
Land UseResidential
Legal DescriptionDEVONSHIRE PH 1A, BLOCK B, LOT 43; & HOUSE & HOUSE
Census Tract050209
Assessed Land Value$100,000
Assessed Improvement Value$260,047
Assessment Year2025

About this property

Serenity is calling you to step away from the hustle and bustle of hurried city life and into the tranquility of this Highland beauty in Devonshire. Sunlight bathes the property and greets you as you enter the open foyer. The wide center hallway highlights the open yet segmented layout that functions just as well for hosting game night as it does for working from home. The peaceful primary suite provides a restful retreat from guests or other family members with the split bedroom layout. The flexible floorplan provides the option for 4 bedrooms or 3 bedrooms with an office. When not enjoying a relaxing evening on your covered patio, take in all that Devonshire has to offer. From hiking and biking trails to pocket parks to catch and release ponds and playgrounds, there's something for everyone.

Investor Tools

Property Icon
$360,047
Estimated Property Value
$340,000Estimated Mortgage Balance
$44,357Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$848/month
$141/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,379
$360,047
2025
$100,000
$260,047
$360,047
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,379
$360,047

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Willow Bend Mortgage Co
Conventional
$340,000
No
First
Jul 5, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$315,690
$44,357
12%
88%
$2,039/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$2,180/mo
+$380/mo
8.5%

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.

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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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1026 Wedgewood Dr | Property Details | No Agent List