$324,990
1111 Nora Lane, Forney, TX, 75126
On Market
Just Added
Property Lead Type:
Deal ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesBuilt In Gas Range, Dishwasher, Disposal, Gas Oven, Microwave, Tankless Water Heater
FlooringCarpet, Luxury Vinyl Plank, Tile
Exterior
Exterior FeaturesLighting, Private Yard, Rain Gutters
Lot Size5,998 sqft
Building Information
Garage Spaces2
Land Information
APN00.0888.0073.0015.00.02.00
Lot Number15
SubdivisionDevonshire Village 19
Land UseRes Inventory Land Without Improvement
Legal DescriptionDEVONSHIRE VILLAGE 19, BLOCK 73, LOT 15
Census Tract050209
Assessed Land Value$100,000
Assessment Year2025
About this property
MLS# 21405013 - Built by Trophy Signature Homes - November 2026 completion ~ Creatively designed to accommodate the needs of everyone, the Heisman is a unique plan. The main living area is expansive, encompassing the island kitchen, dining area and family room. Invite the football team for an after-party or snuggle up for a movie as the room easily adapts to your needs. Outstanding storage capacity is another feature, with a walk-in pantry, large utility room, walk-in closet in the primary suite and extra space in the garage.
Investor Tools
$329,364Estimated Mortgage Balance
$58,636Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,328 /month
Positive
Cash Flow Estimate:
$776 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$354/month
$195/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,313
$100,000
2025
$100,000
N/A
$100,000
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,313
$100,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Truist Bank
Unknown
$333,750
No
First
Jan 6, 2026
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$329,364
$58,636
15%
85%
$2,001/mo
