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$395,167

NAL Estimated Property Value

3031 Lily Ln, Heath, TX, 75126

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,080 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$168.27 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Lot Size9,627 sqft

Building Information

Year Built2019
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.3829.0004.0014.00.97.00
Lot Number14
SubdivisionTravis Ranch Ph 3g1
Land UseResidential
Legal DescriptionTRAVIS RANCH PH 3G1, BLOCK D, LOT 14
Census Tract050207
Assessed Land Value$100,000
Assessed Improvement Value$295,167
Assessment Year2025

About this property

# 3031 Lily Ln, Forney, TX 75126 - Lakeside Heath, of Travis Ranch # ** Possible 2-1 Buydown provided to buyers by preferred lender, if buyer qualifies. (contact your agent or listing agent for more details). **ROCKWALL ISD!! 4 Bed - 2 Bath - 2,080 Sq Ft - 3-Car Garage** Welcome to this beautifully maintained 4-bedroom, 2-bath residence that delivers the perfect blend of charm, comfort, and everyday functionality across a thoughtfully designed 2,080-square-foot layout. Step inside to discover a bright, open kitchen adorned with gleaming granite countertops that flows seamlessly into the spacious family room. The generous primary suite serves as your own private retreat, complete with a garden tub, a walk-in shower, and an expansive walk-in closet that offers storage to spare. The lot size provides ample outdoor space with plenty of room for pets and activities. Out back, relax on this covered patio overlooking the yard. The outdoor fire pit creates the perfect gathering spot for friends and family, offering warmth and ambiance year-round. The surrounding neighborhood adds tremendous value to this home's appeal. You will love the proximity to Travis Ranch Park, located just minutes away, providing walking trails, green space, and recreational opportunities right at your doorstep. This thriving Forney community continues to grow with excellent schools, shopping, and dining all within easy reach. Come see why this home should be your next chapter, schedule a tour today!...

Investor Tools

Property Icon
$395,167
Estimated Property Value
$241,639Estimated Mortgage Balance
$153,528Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,371 /month
Positive
Cash Flow Estimate:
$790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$310/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,748
$395,167
2025
$100,000
$295,167
$395,167
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,748
$395,167

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Broker Solutions Inc
Conventional
$269,800
No
First
Jan 16, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$241,639
$153,528
38%
61%
$1,618/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: Heath

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3031 Lily Ln | Property Details | No Agent List