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Days35Days on Market
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$2,000

1422 Fairfield Dr, Forney, TX, 75126

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,698 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.18 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave

Exterior

Lot Size8,721 sqft

Building Information

Year Built2004
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.0913.0006.0006.00.02.02
Lot Number6
SubdivisionDiamond Creek Ph 1
Land UseResidential
Legal DescriptionDIAMOND CREEK PH 1, BLOCK F, LOT 6
Census Tract050209
Assessed Land Value$85,000
Assessed Improvement Value$195,000
Assessment Year2025

About this property

Great rental in growing Forney, just east of Dallas. House has 3 beds, 2 baths, 2 car garage, extra large backyard, and walking distance to the elementary school. Come and see all that Forney has to offer, including HEB, the soon to open Target, Home Depot, and coming in 2027 Presby Hospital. Restrictions apply to pets, all adults over 18 must apply.

Investor Tools

Property Icon
$280,000
Estimated Property Value
$170,000Estimated Mortgage Balance
$110,244Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month

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Dallas Kuban

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$608/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,894
$280,000
2025
$85,000
$195,000
$280,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,894
$280,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Portfolio Mortgage Corp
Conventional
$170,000
No
First
Jun 17, 2026
Jul 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$169,756
$110,244
39%
61%
$1,020/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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1422 Fairfield Dr | Property Details | No Agent List