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$396,319

NAL Estimated Property Value

1612 Seminole Dr, Forney, TX, 75126

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,575 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.75 / sqft
Year BuiltBuilt in 2017

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, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size7,200 sqft

Building Information

Year Built2017
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.1208.0001.0003.00.02.02
Lot Number3
SubdivisionGateway Parks Add Ph 1a
Land UseResidential
Legal DescriptionGATEWAY PARKS ADD PH 1A, BLOCK A, LOT 3; & HOUSE & HOUSE
Census Tract050213
Assessed Land Value$100,000
Assessed Improvement Value$296,319
Assessment Year2025

About this property

*5K in Seller Concessions* Discover the perfect blend of elegance and functionality in this stunning home nestled in the heart of Forney, TX. Step inside to be greeted by the warmth of rich hardwood floors that flow seamlessly throughout the main living areas. The spacious kitchen offers an ideal environment for all occasions, featuring a gas cooktop, luxurious granite countertops, and a generously sized island designed to serve and impress a house of guests. A walk-in pantry and butler's pantry provide additional storage and prep space, enhancing the home's entertaining capabilities. The kitchen graciously opens up to the living and dining rooms, fostering a welcoming atmosphere accentuated by abundant natural light pouring through large windows and tall ceilings. Retreat to the master suite, which includes a custom master closet designed to maximize style and organization. In addition to the bedrooms, a dedicated home office boasts sophistication with French doors and a custom 9-foot bookshelf with back lighting, offering the perfect space for work or study. The home is upgraded with Halifax Kwikset square black hardware, modern black Moen facets, and light fixtures that add a touch of modern sophistication throughout. Outdoor living is equally impressive. The curb appeal of the modern white rock landscaped exterior is not only artfully designed but also low-maintenance. The large covered back patio with stylish tile flooring is tailored for relaxation and equipped with a motorized TV mount and privacy fence, making it a versatile space for entertaining or unwinding in the serene setting. With an impressive 3-car tandem garage, this residence offers ample space for storage, at-home gym, or workshop alongside your vehicles. This thoughtfully upgraded residence is a true gem, offering an unparalleled lifestyle for those seeking elegance and modernity in Forney. Experience the perfect balance of style, comfort, and convenience in a home designed for discerning tastes

Investor Tools

Property Icon
$396,319
Estimated Property Value
$342,194Estimated Mortgage Balance
$54,125Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,378 /month
Positive
Cash Flow Estimate:
$793 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$772/month
$225/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,285
$396,319
2025
$100,000
$296,319
$396,319
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,285
$396,319

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$346,750
No
First
Aug 11, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$342,194
$54,125
13%
86%
$2,079/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$2,304/mo
+$256/mo
7.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1612 Seminole Dr | Property Details | No Agent List