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$248,626

NAL Estimated Property Value

3018 Hereford Dr, Forney, TX, 75126

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,236 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.57 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer

Exterior

Lot Size6,090 sqft

Building Information

Year Built2020
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.4104.0018.0005.00.02.00
Lot Number5
SubdivisionWindmill Farms Ph 4a
Land UseResidential
Legal DescriptionWINDMILL FARMS PH 4A, BLOCK R, LOT 5
Census Tract050204
Assessed Land Value$70,000
Assessed Improvement Value$178,626
Assessment Year2025

About this property

CHRISTMAS MOVE-IN-SPECIAL! Get $150 off your first month's rent & 50% OFF your security deposit when you sign on or before DECEMBER 25, 2024. The Rio Grande plan by LGI Homes is a charming 3-bedroom, 2-bath single story home featuring thousands of dollars in upgrades including granite countertops, stunning wood cabinets, brushed nickel hardware, and an attached two-car garage complete with a garage door opener. This beautiful home comes fully-loaded with a private master suite featuring a walk-in closet, as well as a fully fenced backyard, covered front patio and front yard landscaping. This exceptional home is located in the picturesque community of Windmill Farms which includes a multitude of incredible amenities.

Investor Tools

Property Icon
$248,626
Estimated Property Value
$203,537Estimated Mortgage Balance
$45,089Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,492 /month
Positive
Cash Flow Estimate:
$497 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$586/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,795
$248,626
2025
$70,000
$178,626
$248,626
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,795
$248,626

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Academy Mortgage Corp
Conventional
$225,913
No
First
Mar 8, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$203,537
$45,089
18%
82%
$1,355/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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3018 Hereford Dr | Property Details | No Agent List