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$350,000

120 Kelli Dr, Forney, TX, 75126

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,796 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$194.88 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Convection Oven
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesGas Grill, Rain Gutters, Outdoor Kitchen, Private Yard
Lot Size8,002 sqft

Building Information

Year Built2004
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.3343.0012.0025.00.02.02
Lot Number25
SubdivisionSkyline Estates Ph 2
Land UseResidential
Legal DescriptionSKYLINE ESTATES PH 2 BLOCK L LOT 25
Census Tract050208
Assessed Land Value$85,000
Assessed Improvement Value$241,413
Assessment Year2025

About this property

Beautiful one story home in Skyline Estates with a 3 car garage. Once you walk in you'll notice the luxury vinyl wood floors throughout the living areas & new carpet just installed in all the bedrooms. Spacious kitchen that was remodeled in late 2020 with granite counter-tops, white cabinets, & stainless steel appliances. The cook will enjoy the gas range that includes a double oven. Cozy up in the living area with wood burning fireplace & large windows overlooking expanded back patio & outdoor kitchen. Master bedroom has large windows overlooking backyard plus a walk-in shower that was installed in July 2021. You'll love the extra garage space having a 3 car garage plus a storm shelter. Roof was replaced in 2018 & has a Class 4 Rating which could be a discount on your homeowner's insurance.

Investor Tools

Property Icon
$326,413
Estimated Property Value
$297,500Estimated Mortgage Balance
$46,247Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$591/month
$277/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,461
$326,413
2025
$85,000
$241,413
$326,413
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,461
$326,413

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Encompass Lending Group Lp
Conventional
$297,500
No
First
Mar 27, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$280,166
$46,247
14%
86%
$1,784/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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120 Kelli Dr | Property Details | No Agent List