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$469,000

NAL Estimated Property Value

10751 Neal Road, Forney, TX, 75126

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,148 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$214.15 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Electric Cooktop, Electric Oven
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesStorage
Lot Size5.46 acres

Building Information

Year Built1985
Stories1
Roof Type105
Garage Spaces2

Land Information

APN99.0374.0000.0415.00.02.00
SubdivisionRuth Peckum
Land UseResidential
Legal DescriptionRUTH PECKUM, TRACT 415.00; 5.46 ACRES, & HOUSE & HOUSE
Census Tract050210
Assessed Land Value$121,485
Assessed Improvement Value$278,086
Assessment Year2025

About this property

Multiple offers received. Asking for final offers 8.19.21 by 8:00 PM. Incredible opportunity to own over 5 acres less than 40 minutes from Dallas. Not an inch is wasted in this open and inviting floor plan, featuring vaulted ceilings, large living spaces and country views for miles. The spacious, updated kitchen is perfect for a get-together with friends or a quiet evening with the family. Head out to the private pond for an evening of fishing and a fire or invite 100 of your closest friends. New paint, flooring and bathroom updates make this home ready for you to move in and start enjoying. Great investment possibility as well; keep the house and an acre and sell off additional acreage.

Investor Tools

Property Icon
$469,000
Estimated Property Value
$411,207Estimated Mortgage Balance
$57,793Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,814 /month
Positive
Cash Flow Estimate:
$938 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$704/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,102
$399,571
2025
$121,485
$278,086
$399,571
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,102
$399,571

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$450,300
No
First
Oct 25, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$411,207
$57,793
12%
88%
$2,700/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.

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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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10751 Neal Road | Property Details | No Agent List