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NoAgentList RatingHow are grades calculated? Info
Days16Days on Market
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$224,500

$239,500

1302 Draper Ln, Forney, TX, 75126

$291,850 ARVInfo
On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,565 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$143.45 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

BankruptcyAuctionPre-ForeclosureDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Oven, Microwave

Exterior

Lot Size5,127 sqft

Building Information

Year Built2023
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00.3818.0004.0012.00.02.00
Lot Number12
SubdivisionTravis Ranch Governors Lots No 1
Land UseResidential
Legal DescriptionTRAVIS RANCH GOVERNORS LOTS NO 1, BLOCK D, LOT 12
Census Tract050208
Assessed Land Value$75,000
Assessed Improvement Value$219,639
Assessment Year2025

About this property

Agents review the transaction desk for helpful information when writing a contract. Seller's Disclosure is not required and will not be provided. Seller does not have a survey. Property is being sold subject to a court order. Offers will require court approval. Need 60 days to close. Katy Hubener is the seller and receiver. Please bring all reasonable offers. We will not respond to low-ball offers, offers that include owner finance, creative financing, or subject-to offers.

Investor Tools

Property Icon
$294,639
Estimated Property Value
$284,550Estimated Mortgage Balance
$23,001Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$291,850
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,768 /month
Positive
Cash Flow Estimate:
$589 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$549/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,120
$294,639
2025
$75,000
$219,639
$294,639
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,120
$294,639

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Conventional
$284,550
No
First
Dec 27, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$271,638
$23,001
7%
92%
$1,707/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.

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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1302 Draper Ln | Property Details | No Agent List