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$263,538

3112 Shorthorn Way, Forney, TX, 75126

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,450 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.48 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Gas Water Heater, Ice Maker, Microwave, Refrigerator

Exterior

Lot Size6,438 sqft

Building Information

Year Built2020
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.4104.0011.0047.00.02.00
Lot Number47
SubdivisionWindmill Farms Ph 4a
Land UseResidential
Legal DescriptionWINDMILL FARMS PH 4A, BLOCK K, LOT 47
Census Tract050204
Assessed Land Value$70,000
Assessed Improvement Value$193,538
Assessment Year2025

About this property

FOR LEASE – MOVE-IN READY IN FORNEY, TX! Don't miss this spotless and beautifully maintained 3-bedroom, 2-bath home offering 1,450 square feet of comfortable living space. This vacant property is ready for immediate occupancy and is perfect for a family looking for a place to call home. Features include: 3 spacious bedrooms 2 full bathrooms Large living room ideal for relaxing and entertaining Generous backyard with plenty of room for outdoor activities Washer and dryer included Refrigerator included Pet-friendly (with approved pet deposit) Conveniently located in the growing community of Forney, this well-cared-for home offers comfort, space, and value. Tenant Responsibilities: Lawn maintenance, electricity, water, and other utilities. Application Fee: $45 per applicant. Lease Requirements: First month's rent and security deposit due at lease signing.. Tenant OR AGENT TO VERIFY ALL INFO. INCLUDING, BUT NOT LIMITED TO MEASUREMENTS, SCHOOLS, ALL MLS DATA, ETC.INFO HEREIN DEEMED RELIABLE BUT NOT GUARANTEED. Schedule your showing today! For additional information, contact listing agent Stephen Engels.

Investor Tools

Property Icon
$263,538
Estimated Property Value
$218,911Estimated Mortgage Balance
$69,447Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,581 /month
Positive
Cash Flow Estimate:
$527 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$639/month
$595/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,350
$263,538
2025
$70,000
$193,538
$263,538
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,350
$263,538

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Va
$218,911
Yes
First
Sep 9, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,091
$69,447
26%
74%
$1,313/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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3112 Shorthorn Way | Property Details | No Agent List