B+

NoAgentList RatingHow are grades calculated?

1view

$649,900

11050 Martin Dr, Forney, TX, 75126

$701,819 ARV

Off Market

4 Beds

3 Bath

3,106 Sq Ft

Single Family Residence

$209.24 / sqft

Built in 1998

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Water Heater, Microwave

FlooringCarpet, Wood

Exterior

Private Pool

Lot Size2 acres

Building Information

Year Built1998

Stories1

Roof Type105

Garage Spaces2

Land Information

APN99.0374.0000.0175.11.02.00

SubdivisionRuth Peckum

Land UseResidential

Legal DescriptionRUTH PECKUM, TRACT 175.11; 2.0 ACRES, & HOUSE & HOUSE

Census Tract050210

Assessed Land Value$189,997

Assessed Improvement Value$383,776

Assessment Year2025

About this property

One of a kind- one Owner, gorgeous one story with sparkling pool. Just in time for summer! Country living on 2 acres on the hill. On a clear day you can see all the way to downtown Terrell over the horizon. Bring your business home! The perfect property for a large accessory building, shop, equipment storage, etc- No HOA, No MUD, No City Taxes! Quiet & secluded with views to die for! You'll just have to see it to believe it. 4 bedroom, 3 bath, 3 car with hardwoods, plantation shutters, vinyl sash windows with low E glass, double shower in the primary bath, sunroom, stainless appliances & granite tops in the kitchen and throughout the bathrooms, intercom throughout, alarm, & wood burning fireplace. There is a SECURE ROOM & GUN CLOSET from the Main Bedroom for safe storage. There are Ceiling fans galore! Outdoor shower for the Pool that also has a gorgeous waterfall feature. Huge walk-in Closets & this home is available for immediate move-in! ***Additional contiguous acreage available***

Investor Tools

$614,000

Estimated Property Value

$0Estimated Mortgage Balance

$614,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$701,818

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,899 /month

Positive

Cash Flow Estimate:

$1,300 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,140/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$10,606

$573,773

2025

$189,997

$383,776

$573,773

Tax History

Year

Tax Paid

Assessed Value

2024

$10,606

$573,773

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$614,000

100%

$0/mo

Learn About the Market: Opportunity in Texas

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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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