$271,000
NAL Estimated Property Value2075 Enchanted Rock Drive, Forney, TX, 75126
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile
Exterior
Lot Size6,098 sqft
Building Information
Year Built2016
Stories1
Roof Type105
Garage Spaces2
Land Information
APN00.3838.0001.0020.00.02.00
Lot Number20
SubdivisionTravis Ranch Ph 2b1
Land UseResidential
Legal DescriptionTRAVIS RANCH PH 2B1, BLOCK AA, LOT 20
Census Tract050207
Assessed Land Value$75,000
Assessed Improvement Value$207,368
Assessment Year2025
About this property
A hidden gem in the well-known community of Travis Ranch featuring 4 bedrooms, 2 bathrooms, an open office, and split bedrooms.
Investor Tools
$271,000
Estimated Property Value
$247,490Estimated Mortgage Balance
$23,510Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$549/month
$360/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,239
$93,170
2025
$75,000
$207,368
$282,368
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,239
$93,170
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometown Lenders Inc
Conventional
$270,000
No
First
Dec 15, 2021
Jan 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$247,490
$23,510
8%
91%
$1,619/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$1,979/mo
+$581/mo
11.3%
