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$589,431

NAL Estimated Property Value

15674 Wiser Road, Forney, TX, 75126

$597,418 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,496 Sq Ft
price_per_sqft$153.74 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListARV FlipHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Microwave
FlooringVinyl

Exterior

Lot Size2.83 acres

Building Information

Year Built1985
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.1097.0001.0004.00.02.00
Lot Number4A
SubdivisionFleckenstein Add
Land UseResidential
Legal DescriptionFLECKENSTEIN ADD, BLOCK A, LOT 4A
Census Tract050208
Assessed Land Value$237,528
Assessed Improvement Value$381,875
Assessment Year2025

About this property

BACK ON THE MARKET! AFFORDABLE COUNTRY LIVING IN THE HEART OF FORNEY! 2.8 plus or minus acres with great views! 30X50 garage workshop with electric and two overhead doors. Updates include int and light fixtures. Great living area with vaulted ceiling and cozy corner wood burning fire place. Split bedroom arrangement with nice sized secondary rooms. Sit on your covered front porch and enjoy the views and the shade of many large trees out front. The backyard is completely private with more trees, covered porch and great gazebo! If you want acreage, a large shop, and privacy for a great price, this is it! ROOF RECENTLY INSTALLED IN DECEMBER 2019, SURVEY AVAILABLE.

Investor Tools

Property Icon
$589,431
Estimated Property Value
$215,101Estimated Mortgage Balance
$374,330Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$597,417
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,537 /month
Positive
Cash Flow Estimate:
$1,179 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$845/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,193
$589,431
2025
$237,528
$381,875
$619,403
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,193
$589,431

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$235,550
No
First
Oct 25, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$215,101
$374,330
63%
36%
$1,413/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$1,413/mo
+$1,147/mo
5.2%

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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15674 Wiser Road | Property Details | No Agent List