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$531,473

1320 Stork Way, Forney, TX, 75126

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,497 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167.29 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Double Oven
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesRain Gutters
Lot Size15,185 sqft

Building Information

Year Built2021
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00.1320.0009.0016.00.02.02
Lot Number16
SubdivisionGrayhawk Addition Ph 3
Land UseResidential
Legal DescriptionGRAYHAWK ADDITION PH 3, BLOCK 9, LOT 16; & HOUSE & HOUSE
Census Tract050215
Assessed Land Value$122,500
Assessed Improvement Value$408,973
Assessment Year2025

About this property

Motivated Seller! Bring your offers! This gorgeous home is LIKE NEW...barely lived in and not even a year old yet! Divinely set up on over a third of an acre, the backyard could be your outdoor paradise with plenty of room for all of your outdoor fun and then some! Upon entry, enjoy the grand entrance featuring rich wood floors, separate study and formal dining complete with a gorgeous chandelier. Continue past the princess staircase with gorgeous iron spindles and balconies...imagine all the photo ops here! In the dream kitchen whip up your favorite meal or entertain your family and friends with plenty of seating options at the island, in the oversized living room or breakfast room. In this beautiful open layout on the first floor, you can enjoy the quiet comfort of lounging in the living room or venture upstairs to the gameroom that's large enough for a pool table or create the perfect movie night in the media room. Upstairs you will find 3 additional large bedrooms and 2 bathrooms.

Investor Tools

Property Icon
$531,473
Estimated Property Value
$590,000Estimated Mortgage Balance
$0Estimated Equity
-11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,510 /month
Positive
Cash Flow Estimate:
$1,170 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$543/month
$480/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,854
$531,473
2025
$122,500
$408,973
$531,473
No

Tax History

Year
Tax Paid
Assessed Value
2023
$3,854
$531,473

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Va
$590,000
Yes
First
May 19, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$557,543
N/A
0%
105%
$3,538/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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1320 Stork Way | Property Details | No Agent List