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$495,000

NAL Estimated Property Value

11736 Fm 740, Forney, TX, 75126

$547,583 ARVInfo
SoldInfo
8/10/26
Beds5 Beds
Baths3 Bath
Baths3,000 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.67 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Double Oven
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesStorage
Lot Size1.50 acres

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces7

Land Information

APN00.0200.0000.0008.00.02.00
Lot Number8
SubdivisionBederkesa 1
Land UseResidential
Legal DescriptionBEDERKESA LOT 8 PP# ME000-0015-05
Census Tract050215
Assessed Land Value$160,000
Assessed Improvement Value$476,343
Assessment Year2025

About this property

Rare opportunity to own a spacious single-story home on approximately 1.5 acres in rapidly growing Forney, Texas! Offering nearly 3,000 square feet of living space, this versatile property features 5 bedrooms, 3 full bathrooms, and the flexibility today's buyers are searching for. Inside, you'll find an expansive floorplan with generous living areas, spacious bedrooms, and plenty of room for multi-generational living, a home office, hobby space, or growing households. The single-story design provides convenience and functionality while maximizing everyday comfort. Outside is where this property truly shines. Situated on 1.5 acres, there is ample space for outdoor entertaining, gardening, recreational vehicles, equipment storage, or simply enjoying the privacy and freedom that comes with acreage living. The detached workshop is a tremendous bonus and includes space for 3 additional vehicles, making it ideal for contractors, hobbyists, car enthusiasts, small business owners, or anyone needing extra storage and workspace. Major updates have already been completed, including a recently replaced septic system, providing peace of mind for years to come. Even better, enjoy the freedom of NO HOA along with a low 1.7513% tax rate and NO MUD or PID taxes, helping keep your monthly ownership costs lower than many competing properties. With acreage becoming increasingly difficult to find and development continuing to expand throughout the Forney area, this property presents an exceptional opportunity for both immediate enjoyment and long-term value. Whether you're looking for room to spread out, space to work from home, or a property with future equity potential, this one deserves a spot at the top of your list. Don't miss your chance to own a unique property with endless possibilities in one of the fastest-growing areas of North Texas. Properties offering acreage, a workshop, no HOA, low taxes, and future growth potential are becoming increasingly rare.

Investor Tools

Property Icon
$495,000
Estimated Property Value
$424,486Estimated Mortgage Balance
$71,198Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$547,583
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$737/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,365
$481,898
2025
$160,000
$476,343
$636,343
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,365
$481,898

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$439,600
No
First
Aug 22, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$424,486
$116,514
21%
86%
$2,636/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$2,636/mo
$-76/mo
6.2%

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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11736 Fm 740 | Property Details | No Agent List