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$390,000

1207 Wedgewood Drive, Forney, TX, 75126

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,492 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.5 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size9,583 sqft

Building Information

Year Built2014
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.0858.0010.0009.00.02.00
Lot Number9
SubdivisionDevonshire Ph 1b
Land UseResidential
Legal DescriptionDEVONSHIRE PH 1B, BLOCK J, LOT 9; & HOUSE & HOUSE
Census Tract050209
Assessed Land Value$100,000
Assessed Improvement Value$282,623
Assessment Year2025

About this property

Better than new! This is a Classic Highland Home on a premium lot with a finish out and price that new homes can't compete with! Top of the line hand-scraped nail-down $$ hardwood flooring throughout the entry, study, formal dining, living room, master bedroom & master closet! Upgraded raised baseboards & double crown molding! Plantation shutters throughout $$ the entire home! Tall ceilings, floor to ceiling Stone fireplace with gas logs, open kitchen with beautiful cabinetry, gas cooktop, 8 foot solid alder wood front door, full sprinkler system with gutters & underground drains, huge backyard with covered back patio & 3 car garage! Master planned community with Club House, community pool & waking trails!

Investor Tools

Property Icon
$382,623
Estimated Property Value
$0Estimated Mortgage Balance
$382,623Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,340 /month
Positive
Cash Flow Estimate:
$780 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$989/month
$480/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,952
$382,623
2025
$100,000
$282,623
$382,623
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,952
$382,623

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$382,623
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$480/mo
+$2,860/mo
10.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1207 Wedgewood Drive | Property Details | No Agent List