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$250,000

$259,999

2903 Hobby Dr, Forney, TX, 75126

$291,221 ARVInfo
On MarketInfo
Just AddedInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,560 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$160.26 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Oven, Gas Water Heater
FlooringCarpet, Laminate

Exterior

Lot Size4,883 sqft

Building Information

Year Built2019
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.0483.0023.0045.00.02.00
Lot Number45
SubdivisionClements Ranch Ph 3
Land UseResidential
Legal DescriptionCLEMENTS RANCH PH 3, BLOCK W, LOT 45; &HOUSE &HOUSE
Census Tract050207
Assessed Land Value$82,500
Assessed Improvement Value$208,850
Assessment Year2025

About this property

3 bed room 2 bath Cute and Cozy single- story home is in clement ranch subdivision with a grassy lot in front and walking trails behind it. Relax outside on your covered back patio-with no neighbors behind you , enjoy the many walking trails, ponds and small park in Clements Ranch. Some club house amenities include-BBQ Grills swimming pool, playground area, dog park and much more

Investor Tools

$249,148Estimated Mortgage Balance
$43,168Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$291,221
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,748 /month
Positive
Cash Flow Estimate:
$583 /month

Interested in this property?

Kurian Jacob

JJM Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$444/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,873
$291,350
2025
$82,500
$208,850
$291,350
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,873
$291,350

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Great Western Financial Services Inc
Fha
$274,928
Yes
First
Jul 16, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$249,148
$42,202
14%
86%
$1,649/mo

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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2903 Hobby Dr | Property Details | No Agent List