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$245,000

NAL Estimated Property Value

5055 Royal Springs Dr, Forney, TX, 75126

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,160 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$111.11 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range

Exterior

Lot Size7,453 sqft

Building Information

Year Built2016
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00.4103.0005.0014.00.02.00
Lot Number14
SubdivisionWindmill Farms Ph 5b
Land UseResidential
Legal DescriptionWINDMILL FARMS PH 5B, BLOCK E, LOT 14
Census Tract050204
Assessed Land Value$70,000
Assessed Improvement Value$175,000
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED. HIGHEST AND BEST DUE BY AUGUST 17th 5pm. Great investment opportunity. Priced to sell. Repairs are needed. This expansive 4-bedroom home located in the Windmill Farms development, offers a bright and inviting family room filled with natural light. Each of the generously sized bedrooms provides ample storage and closet space, ensuring comfort and convenience throughout the home. The home has been vacant for a few months, so it is priced to sell. The 1st floor windows have been boarded up. Feel free to tour the property. New drywall will be needed in multiple areas, as well as new doors. Fence is falling, and roof needs shingle replacement after May 28th storm.

Investor Tools

Property Icon
$245,000
Estimated Property Value
$0Estimated Mortgage Balance
$245,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$757/month
$495/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,862
$245,000
2025
$70,000
$175,000
$245,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,862
$245,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$245,000
100%
0%
$0/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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5055 Royal Springs Dr | Property Details | No Agent List