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$409,000

$419,000

1116 Alaska Dr, Forney, TX, 75126

On MarketInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths2,218 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$184.4 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Half 3Bathrooms Half 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size7,658 sqft

Building Information

Year Built2023
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.2184.0008.0008.00.02.00
Lot Number8
SubdivisionLas Lomas Ph 1
Land UseResidential
Legal DescriptionLAS LOMAS PH 1, BLOCK H, LOT 8
Census Tract050212
Assessed Land Value$115,000
Assessed Improvement Value$296,293
Assessment Year2025

About this property

PRICED UNDER NEW HOME CONSTRUCTION! Experience luxury, comfort, and exceptional design in this stunning one-story residence located in the highly sought-after Las Lomas community. Thoughtfully crafted with 4 spacious bedrooms, 3 beautifully designed baths, and an oversized 3-car garage, this home offers an elevated living experience from the moment you arrive. A gorgeous covered front porch welcomes you into an impressive open-concept floor plan filled with natural light, soaring spaces, and high-end finish out throughout. The heart of the home features a beautifully designed living area anchored by a statement fireplace, creating the perfect blend of sophistication and warmth. Designed with flexibility and privacy in mind, this incredible layout includes a private ensuite in addition to the luxurious primary retreat — ideal for guests, multigenerational living, or a true private getaway within the home. Every detail has been carefully curated to deliver both elegance and functionality. Step outside to a spacious backyard ready for entertaining, relaxing, or creating your dream outdoor oasis. And the lifestyle extends well beyond the front door… Las Lomas offers incredible community amenities including a gorgeous resort-style pool, beautiful community park, and the convenience of a brand-new elementary school opening this fall — making this one of Forney’s most exciting communities to call home. This is more than a home… this is luxury living with the perfect blend of style, comfort, and community.

Investor Tools

Property Icon
$411,293
Estimated Property Value
$343,554Estimated Mortgage Balance
$82,784Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,468 /month
Positive
Cash Flow Estimate:
$823 /month

Interested in this property?

Cory Wiggins

Coldwell Banker Apex, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$619/month
$105/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,371
$411,293
2025
$115,000
$296,293
$411,293
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,371
$411,293

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$343,554
No
First
Feb 20, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$328,509
$82,784
20%
80%
$2,060/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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1116 Alaska Dr | Property Details | No Agent List