$244,900
$208,000
4023 Fairmont Ln, Forney, TX, 75126
On Market
Price Drop
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesElectric Cooktop
Exterior
Lot Size4,800 sqft
Building Information
Year Built2021
Stories1
Roof Type105
Garage Spaces2
Land Information
APN00.1495.0008.0061.00.01.00
Lot Number61
SubdivisionHeartland Ph 16
Land UseResidential
Legal DescriptionHEARTLAND PH 16, BLOCK 8, LOT 61; & HOUSE & HOUSE
Census Tract050211
Assessed Land Value$75,000
Assessed Improvement Value$187,404
Assessment Year2025
About this property
Enjoy modern finishes, energy efficient construction and low maintenance living in one of the most sought-after communities. This charming 3 bedroom 2 bath home offers a thoughtfully designed living space! The open floor plan creates a seamless flow between the kitchen, dining and living areas, making it perfect for everyday living and entertaining. Schedule your private showing today!
Investor Tools
$186,620Estimated Mortgage Balance
$76,144Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,574 /month
Positive
Cash Flow Estimate:
$525 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$494/month
$300/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,621
$262,404
2025
$75,000
$187,404
$262,404
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,621
$262,404
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lennar Mortgage Llc
Fha
$205,533
Yes
First
Sep 1, 2021
Sep 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$186,620
$75,784
28%
71%
$1,233/mo
