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$314,000

2824 Lolita Way, Forney, TX, 75126

$383,388 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,360 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$133.05 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven

Exterior

Lot Size4,800 sqft

Building Information

Year Built2020
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00.1479.0021.0005.00.01.00
Lot Number5
SubdivisionHeartland Ph 11
Land UseResidential
Legal DescriptionHEARTLAND PH 11, BLOCK 21, LOT 5; & HOUSE & HOUSE
Census Tract050211
Assessed Land Value$75,000
Assessed Improvement Value$264,734
Assessment Year2025

About this property

Welcome to this stunning 4-bedroom, 3-bathroom home, perfect for family living and entertaining. The spacious open floor plan seamlessly blends comfort and style, with a beautiful island in the kitchen that’s perfect for meal prep or casual dining. The primary bedroom and a secondary bedroom are located downstairs, with two additional bedrooms upstairs, offering plenty of space for everyone. Step outside to your own private oasis—enjoy the fresh air on the charming patio, complete with a pergola for those relaxing evenings. This home offers the ideal combination of modern living, spaciousness, and outdoor enjoyment. Don't miss the opportunity to make this dream home yours!

Investor Tools

Property Icon
$339,734
Estimated Property Value
$304,800Estimated Mortgage Balance
$39,392Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$383,387
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,038 /month
Positive
Cash Flow Estimate:
$679 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$950/month
$246/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,700
$339,734
2025
$75,000
$264,734
$339,734
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,700
$339,734

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$304,800
No
First
Jul 8, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$300,342
$39,392
11%
88%
$1,828/mo

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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2824 Lolita Way | Property Details | No Agent List