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$285,990

2924 Montrose Trail, Forney, TX, 75126

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,095 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$136.51 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

BankruptcyPre-ForeclosureMust-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal

Exterior

Lot Size6,355 sqft

Building Information

Year Built2020
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.1475.0004.0015.00.01.00
Lot Number15
SubdivisionHeartland Ph 9
Land UseResidential
Legal DescriptionHEARTLAND PH 9, BLOCK 4, LOT 15; & HOUSE & HOUSE
Census Tract050211
Assessed Land Value$75,000
Assessed Improvement Value$253,314
Assessment Year2025

About this property

Welcome to 2924 Montrose Trail, a well-priced home in the desirable Heartland community of Forney. This single-family residence offers 4 bedrooms, 2 bathrooms, and approximately 2,095 square feet of living space, with a 2020 build year and a 6,359 sq. ft. lot. Step inside to a functional open floor plan designed for comfortable everyday living. The spacious main living area flows into the kitchen, creating an inviting layout for entertaining, family gatherings, and casual dining. With four bedrooms, this home provides excellent flexibility for a growing household, guest space, a home office, or a playroom.

Investor Tools

$212,839Estimated Mortgage Balance
$115,475Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,970 /month
Positive
Cash Flow Estimate:
$657 /month

Interested in this property?

Ajmal Rahmani

LEGACY POINT REAL ESTATE LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$900/month
$276/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,153
$328,314
2025
$75,000
$253,314
$328,314
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,153
$328,314

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jfq Lending Inc
Fha
$234,410
Yes
First
Aug 24, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$212,839
$115,475
35%
65%
$1,406/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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