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$369,990

1531 Tavistock Rd, Forney, TX, 75126

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,966 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$124.74 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Oven, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size5,998 sqft

Building Information

Year Built2017
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00.0862.0035.0039.00.02.00
Lot Number39
SubdivisionDevonshire Ph 2b
Land UseResidential
Legal DescriptionDEVONSHIRE PH 2B, BLOCK II, LOT 39; & HOUSE & HOUSE
Census Tract050209
Assessed Land Value$100,000
Assessed Improvement Value$326,897
Assessment Year2025

About this property

Beautiful Highland constructed home in the heart of Forney TX. This house was built in 2017 in the highly sought after Devonshire community. This home boasts a wide open floor plan that makes for the perfect entertaining space. Dark wood floors greet as you enter the front door and carry throughout the living, dining and kitchen. This home has so much space to spread out in. Upstairs has 2 additional living spaces, one could even be closed in and used a media room. Come see this gem and make this house your forever home.

Investor Tools

Property Icon
$426,897
Estimated Property Value
$369,900Estimated Mortgage Balance
$85,941Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,561 /month
Positive
Cash Flow Estimate:
$854 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,028/month
$140/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,196
$426,897
2025
$100,000
$326,897
$426,897
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,196
$426,897

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mid-American Mortgage Inc
Va
$369,900
Yes
First
Mar 1, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$340,956
$85,941
20%
80%
$2,218/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$2,358/mo
+$202/mo
7.2%

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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1531 Tavistock Rd | Property Details | No Agent List