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$289,000

1131 Grimes Drive, Forney, TX, 75126

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,200 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$131.36 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Must-SellHigh EquityMove-In Ready

Highlights

Interior

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

Exterior

Lot Size5,502 sqft

Building Information

Year Built2014
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.3836.0026.0016.00.02.00
Lot Number16
SubdivisionTravis Ranch Ph 2b
Land UseResidential
Legal DescriptionTRAVIS RANCH PH 2B, BLOCK Z, LOT 16
Census Tract050207
Assessed Land Value$75,000
Assessed Improvement Value$232,564
Assessment Year2025

About this property

Well maintained Budget friendly all brick home, Nothing wrong with home, seller purchased home most recently, selling for family relocation. SAVINGS ON TAXES & monthly electric! MOVE IN READY! HOME LIKE NEW! ALL APPLIANCES INCLUDED! 4 Bedrooms, 1 Dining, 1 Flexible area to be used as office-dining-2nd living room, 1 Long Organizing Custom Closet size of a room, 1 Living w.Large Stone & Stone Fireplace, NEW FLOORING w.HARD SURFACE HIGH GRADE in front room, Upgraded Glass screen doors on front & back. Quick walk from community Soccer-Sport field & In-Line Hockey Rink, Located in midway on street with quick access out of neighborhood. Primary is away from all areas overlooking the sizable fenced backyard, Kitchen offers wide-long kitchen island overlooking dining spaces-living room-back. Closed door laundry room offers organizing storage shelves, ALL BEDROOMS ARE AWAY FROM EACH OTHER. Handicap Accessible home such as Entrance-Hallways-Kitchen-Bedrooms-Backyard. Taller ceilings with walkway arches welcoming you into long foyer, Blinds throughout, Gutters, Decorative landscaping. Primary Bathroom offers separate Tub & Shower with long-tall cabinets with dual sink & vanity. Prime location in community to jump on & off highway avoiding traffic, arrive in Sunnyvale & Mesquite within minutes accessing fast-food, shopping. Make lifelong friends, Community Events, Pool & Splash Park, Three Parks with Playgrounds w.tot playground, Covered Pavilion, In-Line Hockey Rink, Basketball court, Sports fields.

Investor Tools

Property Icon
$307,564
Estimated Property Value
$0Estimated Mortgage Balance
$16,982Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,845 /month
Positive
Cash Flow Estimate:
$615 /month

Interested in this property?

Brittany Realzola

eXp Realty LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$500/month
$395/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,462
$307,564
2025
$75,000
$232,564
$307,564
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,462
$307,564

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$315,250
No
First
Mar 18, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$290,582
$16,982
5%
94%
$1,891/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$2,286/mo
+$274/mo
10.0%

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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1131 Grimes Drive | Property Details | No Agent List