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$334,000

2901 Hobby Drive, Forney, TX, 75126

$389,539 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,250 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.44 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Cooktop
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size4,687 sqft

Building Information

Year Built2018
Stories2
Roof Type105
Garage Spaces1

Land Information

APN00.0483.0023.0044.00.02.00
Lot Number44
SubdivisionClements Ranch Ph 3
Land UseResidential
Legal DescriptionCLEMENTS RANCH PH 3, BLOCK W, LOT 44; & HOUSE & HOUSE
Census Tract050207
Assessed Land Value$82,500
Assessed Improvement Value$249,076
Assessment Year2025

About this property

This beautiful 4-bedroom, 3-bath home sits on a desirable corner lot in Clements Ranch, directly across from peaceful green space. The open-concept layout features luxury vinyl plank flooring, vaulted ceilings, and a bright, spacious living area. The kitchen is perfect for entertaining with a large island, quartz countertops, ceramic tile backsplash, stainless steel appliances, and a gas range. The main-floor primary suite offers a relaxing retreat with dual vanities, soaking tub, separate shower, and walk-in closet. A secondary bedroom and full bath downstairs provide ideal guest space. Upstairs includes a versatile game room and two additional bedrooms. Enjoy the private backyard with a covered patio—perfect for relaxing or entertaining. Located in Forney ISD, this home blends comfort, style.

Investor Tools

Property Icon
$332,000
Estimated Property Value
$0Estimated Mortgage Balance
$3,403Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$389,539
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,004 /month
Positive
Cash Flow Estimate:
$668 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$493/month
$660/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,259
$331,576
2025
$82,500
$249,076
$331,576
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,259
$331,576

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Academy Mortgage Corp
Fha
$362,598
Yes
First
Jul 15, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$328,597
$3,403
1%
99%
$2,174/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$2,834/mo
$-274/mo
9.3%

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.

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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2901 Hobby Drive | Property Details | No Agent List