$447,000
1507 Allred Drive, Forney, TX, 75126
$449,703 ARV
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesBuilt In Gas Range, Dishwasher, Disposal
FlooringCarpet, Luxury Vinyl Plank, Tile
Exterior
Exterior FeaturesOutdoor Living Area, Private Yard, Rain Gutters
Lot Size5,998 sqft
Building Information
Garage Spaces2
Land Information
APN00.2184.0010.0027.00.02.00
Lot Number27
SubdivisionLas Lomas Ph 1
Land UseResidential
Legal DescriptionLAS LOMAS PH 1, BLOCK J, LOT 27
Census Tract050212
Assessed Land Value$50,000
Assessment Year2026
About this property
MLS# 21418108 - Built by Chesmar Homes - Ready Now! ~ Contemporary-Traditional single-family residence in Las Lomas, Forney ISD. Estimated completion 10-31-2026. 2,529 sq ft with 4 bedrooms and 3 full baths, 2-car garage. Open floorplan with eat-in kitchen, kitchen island and pantry. Interior features include walk-in closets, luxury vinyl plank, tile and carpet floors, and an electric fireplace. Covered patio-porch outside. Central heating and central air. High speed internet available. Slab foundation and composition roof. Construction incomplete.
Investor Tools
$0Estimated Mortgage Balance
$429,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$449,702
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,682 /month
Positive
Cash Flow Estimate:
$894 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$376/month
$195/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,373
$50,000
2026
$50,000
N/A
$50,000
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,373
$50,000
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$429,000
100%
0%
$0/mo
