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$414,419

1208 Hundgate Way, Forney, TX, 75126

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,855 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.85 / sqft
Year BuiltBuilt in 2017

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
AppliancesWater Purifier, Dishwasher, Disposal, Dryer, Gas Cooktop, Gas Oven, Gas Range, Ice Maker, Microwave, Other, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan, Washer
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size6,926 sqft

Building Information

Year Built2017
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00.0862.0038.0005.00.02.00
Lot Number5
SubdivisionDevonshire Ph 2b
Land UseResidential
Legal DescriptionDEVONSHIRE PH 2B, BLOCK LL, LOT 5; & HOUSE & HOUSE
Census Tract050209
Assessed Land Value$100,000
Assessed Improvement Value$314,419
Assessment Year2025

About this property

Welcome to our Gehan Custom Built home that's been immaculately kept! As you step in, take note of the hardwood floors throughout the home & large open floor plan. Oversized windows provide natural light that radiates and also beams on the oversized island with granite countertops within the kitchen and entire home. Each bedroom is oversized to allow plenty of growth for your changing life scenarios of the years & the oversized media room is just as amazing too! The feng shui that enraptures this home won’t last long! Come and see us today! *TWO IN DEPTH VIDEO TOURS linked. *Client will need a 30 Day Lease Back. *Warranty documentation to be provided upon closing.

Investor Tools

Property Icon
$414,419
Estimated Property Value
$381,562Estimated Mortgage Balance
$66,642Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,487 /month
Positive
Cash Flow Estimate:
$829 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,100/month
$142/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,134
$414,419
2025
$100,000
$314,419
$414,419
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,134
$414,419

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$381,562
Yes
First
Sep 9, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$347,777
$66,642
16%
84%
$2,288/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$2,430/mo
+$130/mo
7.4%

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.

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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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1208 Hundgate Way | Property Details | No Agent List