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$287,500

116 Caddo Lake Ct, Forney, TX, 75126

$333,636 ARVInfo
PendingInfo
Beds3 Beds
Baths3 Bath
Baths2,296 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$125.22 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Deal ListAbsentee OwnerMove-In Ready

Highlights

Interior

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

Exterior

Private PoolPrivate Pool
Exterior FeaturesAwning(s), Rain Gutters, Private Yard
Lot Size9,923 sqft

Building Information

Year Built2018
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00.2831.0003.0007.00.02.02
Lot Number7
SubdivisionPark Trails Ph 2
Land UseResidential
Legal DescriptionPARK TRAILS PH 2, BLOCK C, LOT 7; AND HOUSE AND HOUSE
Census Tract050209
Assessed Land Value$97,500
Assessed Improvement Value$260,722
Assessment Year2025

About this property

Welcome to this beautifully maintained 3-bedroom, 2.5 bath home built in 2018, offering 2,296 square feet of thoughtfully designed living space. Upon entering, you'll find a dedicated office with stylish sliding doors, providing the perfect work-from-home setup or flexible living space. The open-concept layout is complemented by modern finishes throughout, creating a warm and inviting atmosphere for everyday living and entertaining. Upstairs, a spacious game room-loft offers endless possibilities as a second living area, media room, playroom, or family retreat. The generous floor plan provides comfortable living spaces for everyone, while the home's design and quality finishes make it truly move-in ready. Conveniently located in Forney, this home is approximately 20 miles from Downtown Dallas and just 10 minutes from Lake Ray Hubbard, giving you easy access to shopping, dining, entertainment, and outdoor recreation. Don't miss this opportunity to own a spacious, modern home in one of the area's fastest-growing communities.

Investor Tools

$356,717Estimated Mortgage Balance
$2,163Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$333,636
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,149 /month
Positive
Cash Flow Estimate:
$716 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$757/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,291
$358,222
2025
$97,500
$260,722
$358,222
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,291
$358,222

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfr Managing Borrower Llc
Building Or Construction Loan
$387,000
No
First
May 11, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$356,717
$1,505
0%
100%
$2,321/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.

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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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116 Caddo Lake Ct | Property Details | No Agent List