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$380,000

14325 Melody Ln, Forney, TX, 75126

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths3 Bath
Baths1,992 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$190.76 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
FlooringCarpet, Combination, Laminate

Exterior

Lot Size41,382 sqft

Building Information

Year Built1969
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.0540.0002.0003.00.02.00
Lot Number3
SubdivisionColonial Acres
Land UseResidential
Legal DescriptionCOLONIAL ACRES, BLOCK B, LOT 3; & HOUSE & HOUSE
Census Tract050215
Assessed Land Value$125,400
Assessed Improvement Value$264,433
Assessment Year2025

About this property

Discover the potential of this spacious 4-bedroom, 3-bath home situated on nearly an acre with no HOA and no known restrictions! Offering a versatile floor plan, this property features two primary suites, each with its own private ensuite bath—ideal for multigenerational living, guests, or added privacy. Inside, you'll find a welcoming living room with a cozy wood-burning fireplace, a formal living area, a bright dinette just off the kitchen, and a flex room that can easily serve as a 5th bedroom, home office, playroom, or hobby space. A large laundry room adds everyday convenience. Outside is where this property truly shines. In addition to the attached 2-car garage, there's an impressive oversized workshop featuring three roll-up doors and a walk-through door, with ample space to add a fourth bay, office, or dedicated tool room. A large covered patio provides the perfect setting for entertaining, relaxing, or enjoying the peaceful surroundings. With a concrete driveway, nearly one acre of land, and endless possibilities, this property offers the rare opportunity to create your dream home or business-friendly homestead. Bring your vision and a little TLC—this home has the space, layout, and potential to become a true showpiece!

Investor Tools

$96,521Estimated Mortgage Balance
$293,312Estimated Equity
75% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,339 /month
Positive
Cash Flow Estimate:
$780 /month

Interested in this property?

Norma Barrett

Coldwell Banker Anderson Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$221/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$706
$389,833
2025
$125,400
$264,433
$389,833
No

Tax History

Year
Tax Paid
Assessed Value
2024
$706
$389,833

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Inc
Conventional
$110,000
No
First
May 7, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$96,521
$293,312
75%
25%
$660/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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14325 Melody Ln | Property Details | No Agent List