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Days43Days on Market
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$229,990

$239,990

4023 Fairmont Ln, Forney, TX, 75126

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,357 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$169.48 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
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

Property Icon
$262,404
Estimated Property Value
$205,533Estimated Mortgage Balance
$75,784Estimated Equity
22% 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

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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

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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4023 Fairmont Ln | Property Details | No Agent List