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$308,610

NAL Estimated Property Value

5837 Melville Lane, Forney, TX, 75126

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,860 Sq Ft
price_per_sqft$131.72 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size5,998 sqft

Building Information

Year Built2019
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.0482.0017.0007.00.02.00
Lot Number7
SubdivisionClements Ranch Ph 2b
Land UseResidential
Legal DescriptionCLEMENTS RANCH PH 2B, BLOCK Q, LOT 7; & HOUSE & HOUSE
Census Tract050207
Assessed Land Value$82,500
Assessed Improvement Value$226,110
Assessment Year2025

About this property

Back on Market Deal fell through! Priced to Sell!!!! This is basically a new home where previous owner was there under one year! Built by DR Horton, this home offers 3 bedroom, 2 bathrooms with an open concept kitchen and living floor plan, The Kitchen has an island all granite counter tops, stainless steel appliances. There's a lot this home has that a NEW ONE will not have. Example this home has window treatment through the home, mini-blinds, a few windows tinted, front lawn already landscaped for you, the garage has epoxy finish. Kitchen and bathroom hardware, outside wired lighting, Luntron lights throughout the house, safe in master bedroom a smart home throughout! What else can you ask for! Move-in ready.

Investor Tools

Property Icon
$308,610
Estimated Property Value
$0Estimated Mortgage Balance
$308,610Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,852 /month
Positive
Cash Flow Estimate:
$617 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$505/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,521
$308,610
2025
$82,500
$226,110
$308,610
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,521
$308,610

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$308,610
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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5837 Melville Lane | Property Details | No Agent List