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$259,900

1114 Longhorn Ln, Forney, TX, 75126

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,828 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$142.18 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave

Exterior

Lot Size9,448 sqft

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.0307.0009.0011.00.02.02
Lot Number11
SubdivisionBrookville Estates Ph 1
Land UseResidential
Legal DescriptionBROOKVILLE EST PH 1 BLOCK I LOT 11
Census Tract050210
Assessed Land Value$80,000
Assessed Improvement Value$219,237
Assessment Year2025

About this property

Welcome to 1114 Longhorn Drive in Forney. A beautifully maintained 3-bedroom, 2-bath home with a dedicated study that perfectly blends comfort, functionality, and outdoor living. Pride of ownership is evident throughout this immaculate home, offering a move-in-ready opportunity in a highly desirable location. The thoughtfully designed floor plan features an open living area, a private study ideal for working from home, and plantation shutters throughout the main living spaces, adding timeless style and elegance. Recent upgrades include new patio doors, an epoxied garage floor, and fresh sod in the front yard, making this home truly stand out. Step outside to a backyard designed for both enjoyment and productivity. With no rear neighbors and peaceful views of the open field behind the property, you'll appreciate the added privacy. A 10-foot-wide gate provides convenient backyard access, while raised 5 x 10 garden beds, a charming she shed complete with electricity, a lean-to storage shed, and an additional workshop-tool shed with built-in benches offer endless possibilities for hobbies, gardening, and storage. The 9-zone sprinkler system helps keep the landscaping looking its best year-round. Additional highlights include an extra-wide driveway for added parking and fully owned solar panels that will be paid off with an acceptable offer, providing long-term energy savings for the next owner. Conveniently located within walking distance to the OC and new FISD Aquatic Center, as well as both the intermediate and middle schools, this exceptional property offers the perfect combination of location, quality, and lifestyle. Don't miss your opportunity to make this incredible Forney home your own!

Investor Tools

Property Icon
$299,237
Estimated Property Value
$124,910Estimated Mortgage Balance
$202,178Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,795 /month
Positive
Cash Flow Estimate:
$598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$361/month
$363/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,832
$299,237
2025
$80,000
$219,237
$299,237
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,832
$299,237

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Inc
Conventional
$124,910
No
First
Mar 12, 2016
Apr 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$97,331
$212,669
68%
33%
$749/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$1,112/mo
+$1,448/mo
10.3%

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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