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$441,000

NAL Estimated Property Value

1032 Joseph Ct, Forney, TX, 75126

$573,300 ARVInfo
Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths4,043 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.99 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

BankruptcyOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Dryer, Gas Oven, Microwave, Refrigerator, Washer

Exterior

Lot Size7,714 sqft

Building Information

Year Built2024
Stories2
Garage Spaces2

Land Information

APN00.0205.0001.0021.00.02.02
Lot Number21
SubdivisionBellagio Addition Ph 1
Land UseResidential Inventory W/ Improvement Value
Legal DescriptionBELLAGIO ADDITION PH 1, BLOCK A, LOT 21
Census Tract050215
Assessed Land Value$100,000
Assessed Improvement Value$171,425
Assessment Year2025

About this property

$1000 OFF FIRST FULL MONTH'S RENT IF LEASED BY 12.31.25 Brand new build in the Bellagio Laguna Azure community! Be the first to live in this luxury home at 1032 Joseph Court, located in the vibrant city of Forney. This expansive home boasts 5 bedrooms, 5 bathrooms, and an impressive 3,505 square feet of living space. The beautiful, luxurious layout features seamlessly connected kitchen and living areas, perfect for daily life and entertaining, enhanced by a cozy gas fireplace. The gourmet kitchen includes a full suite of appliances. The private, main-level primary suite offers comfort and privacy with a roomy walk-in closet and private en-suite bath. Convenience is paramount with an attached 2-car garage, and an included washer and dryer. Enjoy the outdoors on the porch and private patio.

Investor Tools

Property Icon
$441,000
Estimated Property Value
$369,501Estimated Mortgage Balance
$71,499Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$573,300
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,646 /month
Positive
Cash Flow Estimate:
$882 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$514/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$271,425
2025
$100,000
$171,425
$271,425
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$271,425

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$372,750
No
First
Nov 3, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$369,501
$71,499
16%
84%
$2,235/mo

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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1032 Joseph Ct | Property Details | No Agent List