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$439,990

1516 Tavistock Rd, Forney, TX, 75126

$466,906 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths3,223 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$136.52 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesPlayground
Lot Size8,346 sqft

Building Information

Year Built2017
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00.0862.0036.0013.00.02.00
Lot Number13
SubdivisionDevonshire Ph 2b
Land UseResidential
Legal DescriptionDEVONSHIRE PH 2B, BLOCK JJ, LOT 13; & HOUSE & HOUSE
Census Tract050209
Assessed Land Value$100,000
Assessed Improvement Value$330,360
Assessment Year2025

About this property

Welcome to a beautifully maintained corner lot home designed for both everyday living and entertaining. Located in a sought after master planned community, this home offers a flexible layout that works wonderfully for families, guests, and multigenerational living. Inside, you’ll find beautiful wood flooring, soaring ceilings, abundant natural light, and thoughtful updates throughout. The spacious living area is anchored by a stone fireplace and flows effortlessly into the kitchen, creating an inviting space for gathering. The kitchen features crisp white cabinetry, granite countertops, stainless steel appliances, a gas cooktop, generous counter space, and a large island with plenty of seating. A separate dining room with a beautiful accent wall provides even more space for entertaining. The oversized primary suite offers plenty of room to unwind and features a spacious ensuite bath with separate vanities, a soaking tub, and walk in shower. Upstairs, upgraded carpet adds a fresh touch, while an additional bedroom with its own ensuite bathroom provides an excellent setup for extended family, older children, or overnight guests. The ensuite bath has also been partially renovated. Outside, the corner lot provides additional space and great curb appeal, while the covered back patio and large backyard create the perfect setting for relaxing, entertaining, or letting the kids play. Meticulously cared for from top to bottom, this home is located in a master planned community offering multiple pools, ponds, walking trails, and fantastic neighborhood amenities. A wonderful combination of space, flexibility, comfort, and community living!

Investor Tools

$293,722Estimated Mortgage Balance
$164,278Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$466,906
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,748 /month
Positive
Cash Flow Estimate:
$916 /month

Interested in this property?

Joey Stanbery

RE/MAX DFW Associates

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,048/month
$181/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,287
$430,360
2025
$100,000
$330,360
$430,360
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,287
$430,360

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Fha
$357,650
Yes
First
Dec 20, 2017
Jan 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$293,722
$164,278
35%
64%
$2,145/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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1516 Tavistock Rd | Property Details | No Agent List