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$326,000

NAL Estimated Property Value

5309 Canfield Ln, Forney, TX, 75126

$341,817 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,270 Sq Ft
price_per_sqft$167.4 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Oven, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Lot Size5,998 sqft

Building Information

Year Built2017
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00.0479.0004.0005.00.02.00
Lot Number5
SubdivisionClements Ranch Ph 1
Land UseResidential
Legal DescriptionCLEMENTS RANCH PH 1, BLOCK D, LOT 5; & HOUSE & HOUSE
Census Tract050207
Assessed Land Value$82,500
Assessed Improvement Value$230,803
Assessment Year2025

About this property

*Multiple Offers Due by 4.27.2022 at 8pm* Are you looking for a community that has a welcoming entrance with Walking Trails, Club House, Fitness Center, Swimming Pools and close to Lake Ray Hubbard? Check out this beautiful home built by Gehan in Clements Ranch located mins away from Highway 80 and Highway 635. As you pull up you will notice a cute home with fresh landscaping and a stone entrance. Are you walk in you will notice a well maintained home with ceramic tile floors and a open kitchen and living area! The kitchen has a HUGE island with Quartz countertops with an updated back splash and stainless steel appliances with an oversized sink! The office downstairs is not included in the bedroom count! The upstairs has 3 guest bedrooms, a bathroom, and a gameroom! The master bedroom has plenty of space and it's large enough to fit a king sized bedroom set. The master bath has a double vanity with a stand up shower. The backyard has plenty of space for gatherings and a covered patio!

Investor Tools

Property Icon
$326,000
Estimated Property Value
$424,433Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$341,816
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,280 /month
Positive
Cash Flow Estimate:
$760 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$613/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,731
$313,303
2025
$82,500
$230,803
$313,303
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,731
$313,303

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lakeview Community Capital Llc
Va
$426,905
Yes
First
Jan 22, 2026
Feb 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$424,433
N/A
0%
130%
$2,560/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$3,160/mo
$-600/mo
9.4%

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: Forney

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5309 Canfield Ln | Property Details | No Agent List