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$580,000

120 N Forest Lane, Double Oak, TX, 75077

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,102 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$275.93 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

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

Exterior

Lot Size1.10 acres

Building Information

Year Built1993
Stories1
Roof Type105
Garage Spaces4

Land Information

APNR05858
Lot Number18
SubdivisionCross Timbers 6
Land UseResidential
Legal DescriptionCROSS TIMBERS 6 BLK 8 LOT 18
Census Tract021746
Assessed Land Value$247,200
Assessed Improvement Value$366,033
Assessment Year2025

About this property

MULTIPLE OFFERS received final highest and best due SUNDAY May 15 at 6pm. We will have a decision on Monday. Living space shares visual space with dining area and functional pellet stove. Three bedrooms, a full bath, and a second living are split from the primary bedroom. The ranch-style layout allows natural light to peek through the windows from each side of the home.You will love the abundant cabinets and counter space in the kitchen.GOOD NEWS!Washing dishes is no longer a chore because you will LOVE the view from your kitchen window. Watch the squirrels, gaze at the birds and enjoy the views that point straight to the private pond, which is shared by a few neighbors. Two-car garage has extra side space for bikes,tool bench,fridges and freezers.The additional 2 car garage doubles as a workshop and was added to the property by the owner. If you love Double Oak, here is a FANTASTIC opportunity to own your part. LISD schools,BIG LOTS and local traditions make Double Oak a MUST SEE!

Investor Tools

Property Icon
$738,000
Estimated Property Value
$0Estimated Mortgage Balance
$255,180Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,428 /month
Positive
Cash Flow Estimate:
$1,476 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,052/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,933
$613,233
2025
$247,200
$366,033
$613,233
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,933
$613,233

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
V I P Mortgage Inc
Conventional
$520,000
No
First
Jul 8, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$482,820
$255,180
34%
65%
$3,118/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,200/mo
$3,118/mo
+$82/mo
5.2%

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.

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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: Double Oak

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120 N Forest Lane | Property Details | No Agent List