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$429,990

11112 Prairie Lakes Ln, Forney, TX, 75126

$439,685 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,164 Sq Ft
price_per_sqft$198.7 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Oven, Gas Range
FlooringCeramic Tile, Laminate

Exterior

Lot Size1 acre

Building Information

Year Built2002
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.1485.0000.0041.00.02.00
Lot Number41
SubdivisionHighland Prairie 2
Land UseResidential
Legal DescriptionHIGHLAND PRAIRIE 2, LOT 41; & HOUSE & HOUSE
Census Tract050213
Assessed Land Value$97,500
Assessed Improvement Value$279,339
Assessment Year2025

About this property

Looking for the perfect 1-acre property with room to create your dream backyard? This well-maintained home offers 3 bedrooms plus a dedicated study that could easily serve as a 4th bedroom, along with two dining areas that provide incredible flexibility. The front dining room could also be converted into an additional bedroom, offering the potential for up to 5 bedrooms to fit your family's needs. Inside, you'll find laminate wood and tile flooring, a spacious kitchen with abundant cabinetry, a center island with barstool seating, and an inviting open layout perfect for everyday living. The primary suite includes a bonus room, ideal for a home office, nursery, workout room, or sitting area. Relax and unwind on the covered front or back patio while enjoying the expansive front and backyard. The property features a privacy fence enclosing the front and extending along over half of the side yard, two mature pecan trees that provide shade and character, a retaining wall along the creek, and a concrete slab ready for a future storage shed. For added convenience and future flexibility, the property is pre-wired for a generator, an above-ground pool, and a future storage shed, making it easy to customize your outdoor living space. Additional updates include a roof replaced in 2017, a new garage door installed in 2024, and the HVAC serviced in June 2026. Located in one of the fastest-growing communities in North Texas, you'll enjoy a peaceful country feel with city convenience, just minutes from the new H-E-B, Costco, Target, Home Depot, shopping, dining, entertainment, with convenient access to US Highway 80, Interstate 20, and Forney ISD. With room for a custom pool, workshop, additional garage, or outdoor kitchen, this property offers the space, flexibility, and lifestyle you've been searching for. Don't miss this rare opportunity to own an acre while enjoying everything Forney has to offer! The taxes on this property for 2026 is $7,312 per year and per month $609.

Investor Tools

$0Estimated Mortgage Balance
$418,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$439,685
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,580 /month
Positive
Cash Flow Estimate:
$860 /month

Interested in this property?

Devon Smith

Only 1 Realty Group North Dallas

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$670/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,951
$376,839
2025
$97,500
$279,339
$376,839
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,951
$376,839

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$418,000
100%
0%
$0/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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11112 Prairie Lakes Ln | Property Details | No Agent List