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B+
NoAgentList RatingHow are grades calculated? Info

$355,000

3900 Spencer Ln, Forney, TX, 75126

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,658 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$133.56 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Gas Water Heater, Microwave, Convection Oven, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size4,800 sqft

Building Information

Year Built2019
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00.1479.0021.0070.00.01.00
Lot Number70
SubdivisionHeartland Ph 11
Land UseResidential
Legal DescriptionHEARTLAND PH 11, BLOCK 21, LOT 70; & HOUSE & HOUSE
Census Tract050211
Assessed Land Value$75,000
Assessed Improvement Value$284,984
Assessment Year2025

About this property

PRICE IMPROVEMENT & the SOLAR PANELS, FRIDGE, WASHER & DRYER stay with this beautiful home located on a corner lot!! Highlights include a gorgeous glass and iron front door, wood-look laminate flooring, neutral paint, soaring ceilings and an abundance of windows that provide natural light. The open floor plan offers incredible flexibility in the way the space can be used. The dream kitchen features an enormous island, corner pantry, window seat, stainless appliances, including an upgraded range with 5-burner cooktop and dual ovens, and sunny window over the sink overlooking the backyard. The tranquil primary retreat is split for privacy, its bath is well appointed with dual sinks, an oversized shower, trendy open shelving and spacious walk-in closet. The downstairs guest bedroom has full bath access, it would also make a perfect home office. An iron staircase leads to the upstairs loft and game room, along with 3 additional bedrooms with walk-in closets and ceiling fans. The exterior is equally impressive with energy-saving solar panels, covered patio and extended open concrete patio. The master-planned community boasts a water park, multiple playgrounds, pools, sport fields, fitness center, trails, dog park and on-site schools. The solar panels are owned by the sellers and convey with the home, take advantage of the savings on your electric bill!

Investor Tools

Property Icon
$359,984
Estimated Property Value
$344,350Estimated Mortgage Balance
$22,214Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,160 /month
Positive
Cash Flow Estimate:
$720 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$789/month
$275/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,666
$359,984
2025
$75,000
$284,984
$359,984
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,666
$359,984

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sierra Pacific Mortgage Co Inc
Conventional
$344,350
No
First
Apr 4, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$337,770
$22,214
6%
94%
$2,065/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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