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$270,000

1015 Richmond Ln, Forney, TX, 75126

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,004 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134.73 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave, Refrigerator
FlooringCarpet, Tile

Exterior

Lot Size7,405 sqft

Building Information

Year Built2002
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.4100.0017.0008.00.02.00
Lot Number8
SubdivisionWindmill Farms
Land UseResidential
Legal DescriptionWINDMILL FARMS PH 1C BLOCK Q LOT 8
Census Tract050204
Assessed Land Value$70,000
Assessed Improvement Value$214,266
Assessment Year2025

About this property

Welcome home to this inviting 3-bedroom, 2-bath residence in the desirable Windmill Farms community of Forney. The spacious layout offers comfortable living areas, a functional kitchen, and a cozy fireplace that creates a welcoming atmosphere. The attached garage provides convenient parking and additional storage space. Enjoy the community setting while being conveniently located near shopping, dining, schools, parks, and major roadways. This home offers a wonderful opportunity to create a space that feels truly your own.

Investor Tools

$95,582Estimated Mortgage Balance
$188,684Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,706 /month
Positive
Cash Flow Estimate:
$569 /month

Interested in this property?

Michelle Woodland

Mainstay Brokerage LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$297/month
$595/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,138
$284,266
2025
$70,000
$214,266
$284,266
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,138
$284,266

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Credit Union Of Texas
Credit Line (Revolving) / Heloc
$97,000
No
First
Dec 4, 2025
Dec 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$95,582
$188,684
66%
34%
$582/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,560/mo
$1,177/mo
+$1,383/mo
10.8%

City: Forney

1015 Richmond Ln | Property Details | No Agent List