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$269,900

$275,000

1983 Obsidian Trl, Forney, TX, 75126

$277,610 ARVInfo
On MarketInfo
Just AddedInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,628 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$165.79 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Water Heater, Gas Range, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Lot Size5,253 sqft

Building Information

Year Built2018
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.1473.0021.0025.00.01.00
Lot Number25
SubdivisionHeartland Ph 8
Land UseResidential
Legal DescriptionHEARTLAND PH 8, BLOCK 21, LOT 25; & HOUSE & HOUSE
Census Tract050211
Assessed Land Value$75,000
Assessed Improvement Value$207,389
Assessment Year2025

About this property

Nestled in the highly desirable Heartland community, this beautiful residence offers an inviting open-concept design filled with natural light and thoughtfully crafted spaces for both everyday living and entertaining. The spacious living area flows seamlessly into the kitchen and dining space, creating a warm and welcoming atmosphere ideal for gathering and relaxing. The kitchen features abundant cabinetry, generous counter space, and contemporary finishes, offering both style and functionality. Whether hosting friends or enjoying a quiet evening at home, the layout is designed to suit a variety of lifestyles with ease. The private primary suite provides a peaceful retreat with a spacious layout, a well-appointed bath. Additional bedrooms offer flexibility for guests, a home office, fitness space, or creative pursuits. Thoughtful details throughout enhance the home’s move-in-ready appeal, making it both comfortable and inviting. Enjoy the benefits of living in the growing Heartland community, known for its parks, walking trails, recreational amenities, and convenient access to shopping, dining, and major commuter routes. Combining modern functionality, everyday comfort, and a strong sense of community, this home presents an exceptional opportunity to enjoy the best of Texas living.

Investor Tools

Property Icon
$282,389
Estimated Property Value
$257,288Estimated Mortgage Balance
$43,497Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$277,609
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,694 /month
Positive
Cash Flow Estimate:
$565 /month

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Brittany Stewart

EXP REALTY

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$781/month
$225/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,965
$282,389
2025
$75,000
$207,389
$282,389
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,965
$282,389

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$257,288
No
First
Sep 1, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,323
$43,066
15%
85%
$1,543/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$1,768/mo
+$792/mo
10.9%

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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1983 Obsidian Trl | Property Details | No Agent List