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$425,000

14525 Melody Ln, Forney, TX, 75126

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,225 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$191.01 / sqft
Year BuiltBuilt in 1978

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
AppliancesDishwasher, Disposal, Electric Cooktop, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesStorage
Lot Size42,253 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.0540.0002.0008.00.02.00
Lot Number8
SubdivisionColonial Acres
Land UseResidential
Legal DescriptionCOLONIAL ACRES, BLOCK B, LOT 8; & HOUSE & HOUSE
Census Tract050215
Assessed Land Value$127,264
Assessed Improvement Value$268,148
Assessment Year2025

About this property

Welcome home to Forney, TX! This adorable home is situated on a 1 acre lot with lots of mature trees and large oversized yard with open space. Perfect location less than 2 miles from historic downtown Forney shopping and dining. This charming home features an oversized, family room perfect for gatherings. Open kitchen and dining with built in cabinets for extra storage. Perfect space to entertain guests and family. 30x40 insulated metal building with awning and automatic garage door. Country living outside the city limits, this one won't last long. Showings to begin Thursday 3-17-22 evening at 5pm.

Investor Tools

Property Icon
$395,412
Estimated Property Value
$430,000Estimated Mortgage Balance
$0Estimated Equity
-9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$646/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$395,412
2025
$127,264
$268,148
$395,412
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$395,412

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Van Dyk Mortgage Corp
Va
$430,000
Yes
First
Apr 25, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$397,082
N/A
0%
100%
$2,579/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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14525 Melody Ln | Property Details | No Agent List