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$296,642

NAL Estimated Property Value

2927 Montrose Trl, Forney, TX, 75126

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,864 Sq Ft
price_per_sqft$156.12 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater
FlooringCarpet

Exterior

Lot Size5,563 sqft

Building Information

Year Built2020
Stories2
Roof Type105
Garage Spaces1

Land Information

APN00.1475.0008.0004.00.01.00
Lot Number4
SubdivisionHeartland Ph 9
Land UseResidential
Legal DescriptionHEARTLAND PH 9, BLOCK 8, LOT 4; & HOUSE & HOUSE
Census Tract050211
Assessed Land Value$75,000
Assessed Improvement Value$221,642
Assessment Year2025

About this property

Welcome to your new home in the Heartland community. You will love this 2-story Lennar beauty built in 2020. This house features a spacious master bedroom on the second floor, and the master bath has a separate garden tub, walk-in shower, and two granite sinks, and a walk-in closet. On the first floor, you’ll find a cozy dining area, a large living room for your sectional sofa, and a kitchen that includes a gas range, granite countertops, a dishwasher, and water line to the fridge. There is also a half bath on the first floor. Upstairs, there are two other spacious bedrooms, a combined shower and bathtub, and a large game room. You will also have rear parking for two cars, a two-car garage, and a covered patio for your outdoor fun time, with a fenced-in backyard.. This home is in an HOA, but you have lots of amenities, sidewalks and walking trails to walk on, parks, ponds, a lake, and a gym accessible to Lennar homeowners. Come check us out! *** new DISHWASHER INSTALLED***

Investor Tools

Property Icon
$296,642
Estimated Property Value
$213,693Estimated Mortgage Balance
$82,949Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,780 /month
Positive
Cash Flow Estimate:
$593 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$717/month
$275/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,117
$296,642
2025
$75,000
$221,642
$296,642
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,117
$296,642

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gardner Financial Services Ltd
Fha
$238,597
Yes
First
Dec 28, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$213,693
$82,949
27%
72%
$1,431/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.

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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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