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B+
NoAgentList RatingHow are grades calculated? Info

$331,224

2204 Milan Dr, Forney, TX, 75126

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,935 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134.32 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Range, Electric Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Lot Size8,059 sqft

Building Information

Year Built2008
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.0914.0019.0015.00.02.02
Lot Number15
SubdivisionDiamond Creek Ph 2
Land UseResidential
Legal DescriptionDIAMOND CREEK PH 2, BLOCK S, LOT 15
Census Tract050209
Assessed Land Value$85,000
Assessed Improvement Value$247,545
Assessment Year2025

About this property

Discover the potential in this 4 bedroom, 2 bath home in Forney offered by a motivated seller! Featuring a spacious, open-concept living area with a welcoming corner fireplace, this home provides a solid foundation for your personal touch. The kitchen comes equipt with granite countertops, a center island and ample cabinet space-ready to shine with a bit of updating. The generous master bedroom offers plenty of space for relaxation, while the secondary split bedroom arrangement provide flexibility for guests, family or a home office. Step outside to a beautiful lush backyard perfect for outdoor enjoyment. The property also includes a two car garage and excellent layout, making it a great opportunity for buyers looking to add value with minor improvements. With a little work, this home can truly stand out--don't miss this chance to make it your own!

Investor Tools

Property Icon
$331,224
Estimated Property Value
$75,000Estimated Mortgage Balance
$269,024Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,987 /month
Positive
Cash Flow Estimate:
$662 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$560/month
$325/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,058
$331,224
2025
$85,000
$247,545
$332,545
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,058
$331,224

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Neighborhood Cu
Credit Line (Revolving) / Heloc
$75,000
No
First
Jan 23, 2018
Feb 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$62,200
$269,024
81%
19%
$450/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$775/mo
+$1,785/mo
9.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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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2204 Milan Dr | Property Details | No Agent List