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$415,000

743 Mahogany Lane, Forney, TX, 75126

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,156 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$192.49 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2.5Bathrooms 2.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size7,980 sqft

Building Information

Year Built2020
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.3767.0021.0006.00.02.02
Lot Number6
SubdivisionOverland Grove Ph 1b
Land UseResidential
Legal DescriptionOVERLAND GROVE PH 1B, BLOCK U, LOT 6; & HOUSE & HOUSE
Census Tract050215
Assessed Land Value$100,000
Assessed Improvement Value$278,926
Assessment Year2025

About this property

Beautiful Taylor Morrison home built in 2021. Enjoy the open floor plan with an abundance of natural light throughout. This layout is perfect for all families with 3 bedrooms, 2.1 bathrooms, & a flex room that could be a great office or 4th bedroom. You'll enjoy cooking in this gourmet kitchen with a gas cook-top stove, granite counter-tops, stainless steel appliances, & walk-in panty. Comfy living area overlooking the backyard with a lovely gas log fireplace. Large master bedroom with an impressive walk-in shower, dual sinks, & walk-in closet. Enjoy the master closet with doorway that opens up to the utility room. Enjoy day dreaming on the oversized covered back patio & grilling your favorite meal for friends & family. While checking out this home don't forget to swing by the amenity center to see all the unique items offered to you as a future resident.

Investor Tools

Property Icon
$378,926
Estimated Property Value
$0Estimated Mortgage Balance
$81,806Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$750/month
$425/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,110
$378,926
2025
$100,000
$278,926
$378,926
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,110
$378,926

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Arizona Na
Unknown
$320,000
No
First
Jul 7, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$297,120
$81,806
21%
78%
$1,919/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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743 Mahogany Lane | Property Details | No Agent List