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$295,243

5420 Montrose Dr, Forney, TX, 75126

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,724 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.51 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave
FlooringLaminate

Exterior

Lot Size5,750 sqft

Building Information

Year Built2021
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00.3883.0015.0011.00.02.00
Lot Number11
SubdivisionTrinity Crossing Ph 5a
Land UseResidential
Legal DescriptionTRINITY CROSSING PH 5A, BLOCK O, LOT 11
Census Tract050208
Assessed Land Value$80,000
Assessed Improvement Value$215,243
Assessment Year2025

About this property

APPROVED TO BE SOLD FOR $75K BELOW ASSESSED VALUE!!! 4Bed 2Bath 1Living 1Dine 2Garage Home located in the Trinity Crossing Subdivision of Forney. Close to major freeways including Hwy 80 and I-20 Featuring Stainless Steele Whirlpool Stove, Microwave and Dishwasher. Also features Laminate Flooring, 2 inch faux wood blinds, Solar Panels and Over Sized Backyard perfect for backyard entertaining. Large Primary Suite features separate vanities, shower and walk in closet. This home is perfect for 1st time home buyer or Tons of potential as this is an INVESTOR'S DREAM. This home has tremendous ROI potential for either long term holding or short turn over. Requiring some repairs however, this property is a hidden jewel.

Investor Tools

Property Icon
$295,243
Estimated Property Value
$265,109Estimated Mortgage Balance
$39,249Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,771 /month
Positive
Cash Flow Estimate:
$590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$574/month
$285/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,410
$295,243
2025
$80,000
$215,243
$295,243
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,410
$295,243

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sun West Mortgage Company Inc
Fha
$265,109
Yes
First
Jun 21, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$255,994
$39,249
13%
87%
$1,590/mo

Learn About the Market: Opportunity in Texas

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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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5420 Montrose Dr | Property Details | No Agent List