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$1,290,000

516 Forest Trl, Argyle, TX, 76226

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,320 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$388.55 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Double Oven, Vented Exhaust Fan, Wine Cooler
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRV Hookup
Lot Size2.38 acres

Building Information

Year Built1996
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR122219
Lot Number5
SubdivisionThe Settlement 2
Land UseResidential
Legal DescriptionTHE SETTLEMENT 2 BLK 1 LOT 5
Census Tract020317
Assessed Land Value$359,717
Assessed Improvement Value$697,977
Assessment Year2025

About this property

Discover unparalleled elegance and modern country living in this fully remodeled, 5-bedroom, 3.5-bath home, perfectly situated on 2.37 acres within the highly sought-after, horse-friendly community and zoned for the exemplary Argyle ISD. The heart of this home is a stunning open-concept living space, featuring an inviting family room with a charming brick, wood-burning fireplace. This area flows seamlessly into the gourmet kitchen, which boasts a large central island and a spacious dining area—ideal for hosting family and friends. The home office and a formal living room are thoughtfully placed at the front of the home. The main-floor primary suite offers a luxurious escape, with a modernized ensuite that includes an oversized shower and a private sauna. Upstairs, four generously sized bedrooms provide ample space for family or guests. Step outside to a private paradise designed for both relaxation and recreation. The covered back patio offers a tranquil retreat overlooking the expansive backyard, where you'll find a sparkling saltwater pool and a private putting green. The property is also equipped for equestrian life with horse-friendly pipe fencing. For the hobbyist or collector, a fantastic 35 x 40 climate-controlled shop features epoxy-sealed floors, a large attached RV carport. This property masterfully blends rustic charm with modern luxury and an array of top-tier amenities. Don't miss your chance to own this extraordinary home.

Investor Tools

Property Icon
$1,240,000
Estimated Property Value
$1,250,000Estimated Mortgage Balance
$896Estimated Equity
-1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,740 /month
Positive
Cash Flow Estimate:
$2,580 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,719/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,426
$907,694
2025
$359,717
$697,977
$1,057,694
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,426
$907,694

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mpire Financial Group Llc
Va
$1,250,000
Yes
First
Nov 25, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,239,104
$896
0%
100%
$7,495/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: Argyle

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516 Forest Trl | Property Details | No Agent List