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NoAgentList RatingHow are grades calculated?Info

$511,000

NAL Estimated Property Value

1106 Somerset Cir, Forney, TX, 75126

$522,338 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths3,828 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$114.94 / sqft
Year BuiltBuilt in 2016

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, Plumbed For Ice Maker, Vented Exhaust Fan, Tankless Water Heater, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size8,276 sqft

Building Information

Year Built2016
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00.0858.0012.0009.00.02.00
Lot Number9
SubdivisionDevonshire Ph 1b
Land UseResidential
Legal DescriptionDEVONSHIRE PH 1B, BLOCK L, LOT 9; & HOUSE MC HARGUE CHUCK L & BARBARA J LIFE ESTATE, & HOUSE
Census Tract050209
Assessed Land Value$100,000
Assessed Improvement Value$356,470
Assessment Year2025

About this property

Exceptional Highland Floor Plan with 5 Bedrooms, 4 Baths, Media, Study & 2.5 Car Garage. Mainly all One Level with an Upstairs Multi-Generational Suite or Secondary Master, to include a Living, Bedroom & Bath. A Private Owner's Retreat with Bowed Windows for Additional Flex Space, Walk-In Shower, Separate Vanities & Large Walk-In Closet. Down Stairs Boasts a Media, Study and Bedroom with en suite Bath. Situated on a Large Pool Sized Lot with Covered Front and Back Patios, and Large Driveway. Gently Lived In and Impeccably Kept. Located in the Beautiful Forney Devonshire Community, with Easy Access to Rockwall, I-30, I-80 and I-20. Upcoming Shopping, Dining & Schools Nearby. Don't Miss Seeing this One!

Investor Tools

Property Icon
$511,000
Estimated Property Value
$348,517Estimated Mortgage Balance
$162,483Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$522,338
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,066 /month
Positive
Cash Flow Estimate:
$1,022 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,174/month
$141/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,533
$456,470
2025
$100,000
$356,470
$456,470
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,533
$456,470

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Great Western Financial Services Inc
Conventional
$352,750
No
First
Oct 14, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$348,517
$162,483
31%
68%
$2,325/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$2,466/mo
+$94/mo
6.0%

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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1106 Somerset Cir | Property Details | No Agent List