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$275,000

1112 Kimbro Drive, Forney, TX, 75126

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,519 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$109.17 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Must-SellDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringCarpet, Tile

Exterior

Lot Size7,383 sqft

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.3834.0008.0017.00.02.00
Lot Number17
SubdivisionTravis Ranch Ph 2a
Land UseResidential
Legal DescriptionTRAVIS RANCH PH 2A, BLOCK H, LOT 17
Census Tract050207
Assessed Land Value$75,000
Assessed Improvement Value$266,784
Assessment Year2025

About this property

LEASE IN PLACE THROUGH FEBRUARY 28, 2027. Current rent is $2,050 per month. This beautiful one-story home in sought-after Travis Ranch features a welcoming covered front porch, spacious island kitchen open to the living area and ideal for entertaining, and a generous primary suite with a garden tub, separate shower, and large walk-in closet. Enjoy an impressive lineup of community amenities, including a resort-style pool, splash park, playgrounds, parks, walking trails, sports courts, and community pavilion. Conveniently located near Lake Ray Hubbard with easy access to shopping, dining, and major highways. HOA leasing restrictions are currently at capacity. A request for grandfathered status has been submitted to the HOA, but no response has been received. Buyer to independently verify all HOA leasing requirements.

Investor Tools

$82,915Estimated Mortgage Balance
$258,869Estimated Equity
75% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,051 /month
Positive
Cash Flow Estimate:
$684 /month

Interested in this property?

Melissa Cox

Cox Premier Properties

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$668/month
$424/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,310
$341,784
2025
$75,000
$266,784
$341,784
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,310
$341,784

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wr Starkey Mortgage Llp
Conventional
$144,641
No
First
Mar 28, 2006
Apr 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$82,915
$258,869
75%
24%
$697/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$1,121/mo
+$1,439/mo
9.0%

City: Forney

1112 Kimbro Drive | Property Details | No Agent List