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$1,470,000

116 Forest Drive, Heath, TX, 75032

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths5 Bath
Baths3,742 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$392.84 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 5Bathrooms 5
AppliancesDishwasher, Gas Cooktop, Disposal, Gas Range, Gas Water Heater, Microwave, Tankless Water Heater

Exterior

Private PoolPrivate Pool
Exterior FeaturesGas Grill, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Living Area, Rain Gutters
Lot Size35,545 sqft

Building Information

Garage Spaces3

Land Information

APNS3004-000A-0012-00-0R
Lot Number12
SubdivisionArbor Enclave Phase 2
Land UseVacant Lots/Tracts Non Waterfront
Legal DescriptionARBOR ENCLAVE, PHASE 2, BLOCK A, LOT 12
Census Tract040511
Assessed Land Value$338,000
Assessment Year2026

About this property

Striking architectural details & inviting outdoor living set the tone for this Maryvic Builds residence in Heath's Arbor Enclave. Set on a cul de sac homesite spanning nearly an acre, this single story home brings together generous proportions & spaces made for memorable gatherings. A distinctive brick, stone & wood exterior introduces interiors with ceilings starting at 12 feet, vaulted ceilings, architectural beams & tongue & groove detailing. Oversized 12 foot doors make an impressive statement, while LED accents, decorative lighting & built in cabinetry add depth & character. The expansive living room centers around a fireplace, with an open connection to a kitchen anchored by an oversized island. From morning coffee to appetizers with friends, this centerpiece brings everyone together. Gas cooking, a pantry & casual dining space complete the kitchen, while a dedicated dining room offers a sophisticated setting for celebrations. A separate office provides room to focus, & the game room creates a destination for relaxed evenings. The spacious primary retreat features a garden tub, separate shower, individual vanities, linen storage & a custom closet system that brings order to your daily routine. Additional bedrooms welcome guests & offer flexibility for changing needs. Corner sliding glass doors enhance the connection to the outdoors, where a covered back porch with an outdoor kitchen, gas grill & fireplace invites alfresco dining throughout the seasons. Plans include a private saltwater pool & spa, complemented by generous lawn space within a fenced backyard. The water easement pond adds a serene element to the setting. A side entry three car garage, smart home features, sound system wiring, a tankless water heater & a sprinkler system complete the home. Located within Rockwall ISD & currently under construction, this residence offers the opportunity to make your next chapter extraordinary. Schedule your private tour today & make this home yours!

Investor Tools

$849,348Estimated Mortgage Balance
$635,652Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,910 /month
Positive
Cash Flow Estimate:
$2,970 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$937/month
$1,250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,825
$338,000
2026
$338,000
N/A
$338,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,825
$338,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Black Swan Lending Llc
Building Or Construction Loan
$861,955
No
First
Dec 30, 2025
Apr 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$849,348
$635,652
42%
57%
$5,168/mo

City: Heath

116 Forest Drive | Property Details | No Agent List