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$360,962

5835 Melville Ln, Forney, TX, 75126

$413,186 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,495 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.1 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesPrivate Yard
Lot Size5,998 sqft

Building Information

Year Built2019
Stories2
Roof Type105
Garage Spaces2

Land Information

APN00.0482.0017.0008.00.02.00
Lot Number8
SubdivisionClements Ranch Ph 2b
Land UseResidential
Legal DescriptionCLEMENTS RANCH PH 2B, BLOCK Q, LOT 8; & HOUSE & HOUSE
Census Tract050207
Assessed Land Value$82,500
Assessed Improvement Value$278,462
Assessment Year2025

About this property

This STUNNING Forney home boasts 4 bedrooms, including a massive game room that can easily serve as a fifth bedroom. The kitchen features ELEGANT granite countertops and a large island along with a double sink, gas range, porcelain backsplash, coffee bar, walk-in pantry, and a breakfast bar. A breakfast nook provides the PERFECT space for family meals. The second master bedroom has an attached bathroom with ceramic tile, double sinks, a garden tub, a walk-in shower with a seat, and a walk-in closet. All 3 bathrooms feature quartz countertops. This home’s living room features a BEAUTIFUL decorative fireplace with gas logs and a starter, as well as a trey ceiling. The 20 x 18 garage comes with an opener and provides ample storage space. A HANDY utility room includes a full washer and dryer, drip dry area, room for a fridge, and under-stairs storage space. The front of the house features a large patio and landscaped yard, while the backyard includes a covered patio and wood fence.

Investor Tools

Property Icon
$360,962
Estimated Property Value
$243,400Estimated Mortgage Balance
$147,837Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$413,185
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,166 /month
Positive
Cash Flow Estimate:
$722 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$697/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,560
$360,962
2025
$82,500
$278,462
$360,962
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,560
$360,962

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$243,400
No
First
Jan 27, 2020
Feb 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$213,125
$147,837
40%
59%
$1,460/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: Forney

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5835 Melville Ln | Property Details | No Agent List