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$517,560

NAL Estimated Property Value

1128 Flamingo Rd Fl Amingo, Forney, TX, 75126

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,706 Sq Ft
price_per_sqft$131.95 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 4Bathrooms 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Oven, Microwave, Double Oven
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size7,440 sqft

Building Information

Year Built2019
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00.1320.0017.0018.00.02.02
Lot Number18
SubdivisionGrayhawk Addition Ph 3
Land UseResidential
Legal DescriptionGRAYHAWK ADDITION PH 3, BLOCK 17, LOT 18
Census Tract050215
Assessed Land Value$122,500
Assessed Improvement Value$412,500
Assessment Year2025

About this property

3-car Garage, Office, Media Rm, Game Rm, AND 5 Bedrms! This one has it all. Freshly painted with upgraded luxury carpet installed June 2026. LVP downstairs except for Primary, Luxury carpet throughout upstairs and in Primary. Office is downstairs at front with Bay Window and French Doors. Entry greets you with 2nd floor ceilings and a gorgeous curved staircase that flows into the Living Room. Living is open concept with Stone gas fireplace, overlooking the backyard. Kitchen has Gas cooktop, Double Ovens, built in Microwave, Large Island with Breakfast Bar for Barstool Seating, Eat-in Kitchen Nook, and a Butler Pantry perfect for a Coffee Bar. Primary bedroom and guest half bath are downstairs. Primary is spacious with seating area and windows overlooking the backyard. Ensuite bath has dual sinks, separate jetted tub and shower and Walk in Closet. Upstairs has Game Room, Media Room, 4 Bedrms and 2 Full baths. Two bedrooms share a Jack n Jill bath with interior room access to both. Enjoy intentionally placed built in speakers throughout the living areas. Spacious Covered Back Patio has plenty of room for both a dining table and outdoor seating area. Ideal location in Forney with easy access to both I-20 and US-80.

Investor Tools

Property Icon
$517,560
Estimated Property Value
$380,153Estimated Mortgage Balance
$139,881Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,105 /month
Positive
Cash Flow Estimate:
$1,035 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$935/month
$510/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,628
$517,560
2025
$122,500
$412,500
$535,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,628
$517,560

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Fha
$387,845
Yes
First
Jun 20, 2019
Jul 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$380,153
$137,407
26%
73%
$2,625/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$3,135/mo
$-575/mo
5.9%

City: Forney

1128 Flamingo Rd Fl Amingo | Property Details | No Agent List