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$524,000

1045 Knoxbridge Rd, Forney, TX, 75126

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,309 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.7 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Oven, Gas Cooktop, Gas Water Heater, Ice Maker, Microwave, Tankless Water Heater, Vented Exhaust Fan, Washer
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit, Rain Gutters, Lighting, Private Yard, Storage, Other
Lot Size10,454 sqft

Building Information

Year Built2016
Stories2
Roof Type105
Garage Spaces3

Land Information

APN00.0858.0010.0031.00.02.00
Lot Number31
SubdivisionDevonshire Ph 1b
Land UseResidential
Legal DescriptionDEVONSHIRE PH 1B, BLOCK J, LOT 31; & HOUSE, UNDIVIDED INTEREST 50.0000000000% & HOUSE
Census Tract050209
Assessed Land Value$62,500
Assessed Improvement Value$201,967
Assessment Year2025

About this property

SELLER OFFERING 1 YEAR 1% RATE BUY DOWN CONCESSION on this BETTER-THAN-NEW 2016 brick & stone Highland semi-custom 5-3.5-3+ with all the bells & whistles, and storage galore! Master & guest bedroom downstairs with grand staircase leading to 3 upstairs bedrooms & 2 baths plus separate game & media rooms wired with Bose sound system. Chef's kitchen with stainless appliances, gas cooktop, center island, desk area or butlers pantry leading into the formal dining room; oversized family room with stone WBFP & gas start; wood blinds & energy-efficient solar screens throughout; large 3-car garage with extended workshop & door to backyard and 10x12 wood storage building. Sparkling inground pool with waterfall, fountain & Baja shelf; covered back porch and fire pit areas; beautifully landscaped yard with 6' privacy fence on large corner lot in premier Forney community. Easy commute to metroplex, great schools and community events!

Investor Tools

Property Icon
$524,000
Estimated Property Value
$549,000Estimated Mortgage Balance
$0Estimated Equity
-5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,270 /month
Positive
Cash Flow Estimate:
$1,090 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,126/month
$618/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,894
$264,467
2025
$62,500
$201,967
$264,467
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,894
$264,467

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Va
$549,000
Yes
First
Dec 9, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$535,189
N/A
0%
102%
$3,292/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$3,910/mo
$-1,350/mo
5.9%

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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1045 Knoxbridge Rd | Property Details | No Agent List