1153 Queensdown Way · Forney, TX 75126

$260,000

4 bd · 3.0 ba · 2,079 sqft · Condo public records · 257 Days on market

Built 2022 Good condition $300/mo HOA · 11% of rent ↓ 30% since listing

---

Why this score? — see what drove the F grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +7.5/15.0
• Cash flow +6.2/30.0
• 1% rule +5.3/10.0
• Schools +4.0/10.0
• Condition / age +4.0/5.0
• Livability +3.8/5.0
• Rent growth +2.9/5.0
• DSCR +0.5/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

BANK APPROVED PRICE! Welcome to 1153 Queensdown Way, a modern 4-bedroom, 2.5-bath townhouse in Forney’s sought-after Devonshire community. Built in 2021 by Highland Homes, this open-concept layout features high ceilings, a spacious kitchen with gas cooktop, and a flexible office or guest bedroom downstairs. Enjoy resort-style amenities including pools, parks, trails, and a clubhouse. Located within walking distance to schools and just minutes from Highway 80, this home offers both comfort and convenience. Whether you're looking for your forever home or are an investor, this low-maintenance property is a smart choice in a thriving neighborhood.

Key facts

• Gas cooktop
• Spacious kitchen
• Flexible office

Tags

• OPEN-CONCEPT LAYOUT
• SPACIOUS KITCHEN
• GAS COOKTOP
• FLEXIBLE OFFICE
• RESORT-STYLE AMENITIES
• WALKING DISTANCE TO SCHOOLS

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath condo listed at $260k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-477 ($-6k/yr) — negative.
• To cash-flow at today's rent, offer at most $199k (23.6% below list).
• Meets the 1% rule at list price ($3k rent vs $260k).
• Recommended offer: $199k (23.6% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads 76/100 on livability (#98 in TX, #3,339 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, cost of living A+; Watch: amenities C-, commute F.
• Forney ISD (rural): math 41% / reading 44% proficiency, ranked #234 of 826 in TX (top 28%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Crosby El (math 37% / reading 36%, grade F, #1,883 of 4,322 statewide, top 44%, 682 students, 59% FRL); Brown Middle (math 29% / reading 39%, grade F, #892 of 1,662 statewide, top 55%, 673 students, 56% FRL); North Forney H S (math 32% / reading 45%, grade F, #866 of 1,632 statewide, top 54%, 2,502 students, 49% FRL) — zoned schools average 55% FRL vs 26% district-wide (28 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+1.4%/yr); 2200 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,747 units permitted in Kaufman County in 2024 (180 in 5+ unit buildings).
• This rent runs 31% of the median local income ($104k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
• Kaufman County population projected at +43% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 257 days — a 12% lower offer ($229k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 5y ago; this cycle's ask has dropped $90k (26%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 3.8% of price.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $198,530 (23.6% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 257 days. Have you received any prior offers? Is the seller open to a 24% concession, seller financing, or rate buy-down credit?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
9. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
10. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
11. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
12. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.03% ✓
• Cap rate: 4.09%
• Cash-on-cash: -7.86%
• DSCR: 0.65
• GRM: 8.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.42% rent growth · sell at horizon

5-year hold

• IRR: -32.6%
• Equity multiple: -0.05×
• Total profit: $-76,162
• Equity at exit: $38,767

10-year hold

• IRR: -54.1%
• Equity multiple: -0.65×
• Total profit: $-119,961
• Equity at exit: $22,480

Cash invested: $72,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Texas: 87 Strongly Landlord-Friendly · R+5
• County: — inherits STATE
• City: — inherits STATE

3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

Methodology + full state rankings →

ZIP-level market 75126

• Rents YoY: 1.4%
• Active inventory: 2200
• Price-to-rent: 8.1×

Monthly cashflow live

• Estimated rent: $2,686 high
• Mortgage (P&I): −$1,363
• Tax from tax record: −$827 /mo · $9,927/yr
• Insurance: −$108
• HOA: −$300
• Vacancy / Maint / Mgmt: −$564
• Net cashflow: $-477

Break-even live

Break-even rent $3,290

Max offer price $198,530

Occupancy floor —

Sensitivity live

Price	-10% $-329	-5% $-403	+0% $-477	+5% $-550	+10% $-624
Rent	-10% $-689	-5% $-583	+0% $-477	+5% $-371	+10% $-264
Rate	-1.0pp $-346	-0.5pp $-411	base $-477	+0.5pp $-544	+1.0pp $-613

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $65,000
• Closing costs: $7,800
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1128 Queensdown Way Forney, TX	4.0	3.0	2097	$2,999	$1.43	45d	1	0.05mi
1448 Kingswell Ln Forney, TX	4.0	3.0	2208	$2,950	$1.34	26d	1	0.13mi
1806 Balfour Bnd Forney, TX	3.0	2.0	1981	$2,600	$1.31	26d	1	0.26mi
2029 Dovedale Dr Forney, TX	4.0	3.0	2426	$3,200	$1.32	45d	1	0.32mi
1120 Canterbury Ln Forney, TX	4.0	3.0	2450	$2,950	$1.20	14d	1	0.42mi
2023 Avondown Rd Forney, TX	3.0	2.0	1640	$2,191	$1.34	0d	1	0.42mi
1017 Somerset Cir Forney, TX	3.0	2.0	2185	$2,375	$1.09	9d	1	0.45mi
1147 Barbary Fields St Forney, TX	3.0	2.0	1522	$2,200	$1.45	0d	1	0.52mi
1158 Barbary Fields St Forney, TX	4.0	2.0	1780	$2,200	$1.24	0d	1	0.54mi
1729 High Perch Ln Forney, TX	4.0	2.0	1720	$2,350	$1.37	45d	1	0.55mi
1728 High Perch Ln Forney, TX	3.0	2.0	1474	$1,800	$1.22	20d	1	0.55mi
1025 Dunhill Ln Forney, TX	4.0	2.0	2273	$2,450	$1.08	3d	1	0.56mi
1355 Wedgeleaf Ln Forney, TX	3.0	2.0	1461	$2,200	$1.51	45d	1	0.57mi
1036 Edgefield Ln Forney, TX	3.0	2.5	2800	$6,700	$2.39	45d	1	0.58mi
1947 Aves Glen Ln Forney, TX	3.0	2.0	1411	$2,195	$1.56	26d	1	0.62mi
1405 Merlin Bluff St Forney, TX	3.0	2.0	1500	$2,400	$1.60	8d	1	0.63mi
1289 Wedgeleaf Ln Forney, TX	3.0	2.0	1522	$1,785	$1.17	24d	1	0.63mi
1285 Wedgeleaf Ln Forney, TX	3.0	2.0	1522	$1,800	$1.18	45d	1	0.64mi
1281 Wedgeleaf Ln Forney, TX	3.0	2.0	1522	$1,805	$1.19	14d	1	0.65mi
1535 Calcot Ln Forney, TX	4.0	3.0	2036	$2,600	$1.28	17d	1	0.65mi
1421 Kirkhill Ln Unit 1421 Heath, TX	4.0	3.0	2545	$3,500	$1.38	22d	1	0.65mi
1421 Kirkhill Ln Forney, TX	4.0	3.0	2545	$3,600	$1.41	26d	1	0.65mi
2003 Pine Stone Ln Forney, TX	3.0	2.0	1488	$2,000	$1.34	45d	1	0.65mi
635 Brockwell Bnd Forney, TX	4.0	3.0	2506	$3,300	$1.32	21d	1	0.66mi
2422 Arbutus Dr Forney, TX	3.0	2.5	2111	$2,045	$0.97	26d	1	0.68mi
1419 Merlin Bluff St Forney, TX	3.0	2.0	1454	$1,900	$1.31	14d	1	0.68mi
1611 Sparrow Hawk Rd Forney, TX	3.0	2.0	1522	$1,800	$1.18	45d	1	0.68mi
1539 Wheatley Way Forney, TX	4.0	3.0	2396	$2,800	$1.17	12d	1	0.69mi
1539 Wheatley Way Forney, TX	4.0	3.0	2396	$2,995	$1.25	18d	1	0.69mi
2016 Croftbank St Forney, TX	3.0	2.5	1920	$2,600	$1.35	0d	1	0.69mi
1725 Crossbill St Forney, TX	3.0	2.0	1451	$1,785	$1.23	45d	1	0.70mi
1723 Crossbill St Forney, TX	3.0	2.0	1461	$1,785	$1.22	45d	1	0.70mi
1719 Crossbill St Forney, TX	3.0	2.0	1474	$1,795	$1.22	24d	1	0.70mi
1715 Crossbill St Forney, TX	3.0	2.0	1522	$1,785	$1.17	24d	1	0.70mi
1426 Merlin Bluff St Forney, TX	3.0	2.0	1522	$1,785	$1.17	24d	1	0.71mi
1621 Sparrow Hawk Rd Forney, TX	3.0	2.0	1522	$1,785	$1.17	24d	1	0.72mi
1720 Crossbill St Forney, TX	3.0	2.0	1461	$1,785	$1.22	45d	1	0.72mi
1716 Crossbill St Forney, TX	3.0	2.0	1451	$1,785	$1.23	45d	1	0.72mi
1708 Crossbill St Forney, TX	3.0	2.0	1760	$1,840	$1.05	17d	1	0.72mi
2116 Sunnymede Dr Forney, TX	5.0	3.0	2854	$3,300	$1.16	22d	1	0.72mi

HOA detail condo

• Monthly dues: $300 · $3,600/yr
• Likely covers: gaspool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 27 events

1. 2026-05-14
   status Pending 658-char remark

   Show marketing remark (658 chars)

   BANK APPROVED PRICE! Welcome to 1153 Queensdown Way, a modern 4-bedroom, 2.5-bath townhouse in Forney’s sought-after Devonshire community. Built in 2021 by Highland Homes, this open-concept layout features high ceilings, a spacious kitchen with gas cooktop, and a flexible office or guest bedroom downstairs. Enjoy resort-style amenities including pools, parks, trails, and a clubhouse. Located within walking distance to schools and just minutes from Highway 80, this home offers both comfort and convenience. Whether you're looking for your forever home or are an investor, this low-maintenance property is a smart choice in a thriving neighborhood.

2. 2026-05-06
   price $260,000 658-char remark

   Show marketing remark (658 chars)

   BANK APPROVED PRICE! Welcome to 1153 Queensdown Way, a modern 4-bedroom, 2.5-bath townhouse in Forney’s sought-after Devonshire community. Built in 2021 by Highland Homes, this open-concept layout features high ceilings, a spacious kitchen with gas cooktop, and a flexible office or guest bedroom downstairs. Enjoy resort-style amenities including pools, parks, trails, and a clubhouse. Located within walking distance to schools and just minutes from Highway 80, this home offers both comfort and convenience. Whether you're looking for your forever home or are an investor, this low-maintenance property is a smart choice in a thriving neighborhood.

3. 2026-04-24
   price $275,000 658-char remark

   Show marketing remark (658 chars)

   BANK APPROVED PRICE! Welcome to 1153 Queensdown Way, a modern 4-bedroom, 2.5-bath townhouse in Forney’s sought-after Devonshire community. Built in 2021 by Highland Homes, this open-concept layout features high ceilings, a spacious kitchen with gas cooktop, and a flexible office or guest bedroom downstairs. Enjoy resort-style amenities including pools, parks, trails, and a clubhouse. Located within walking distance to schools and just minutes from Highway 80, this home offers both comfort and convenience. Whether you're looking for your forever home or are an investor, this low-maintenance property is a smart choice in a thriving neighborhood.

4. 2026-04-14
   price $300,000 658-char remark

   Show marketing remark (658 chars)

   BANK APPROVED PRICE! Welcome to 1153 Queensdown Way, a modern 4-bedroom, 2.5-bath townhouse in Forney’s sought-after Devonshire community. Built in 2021 by Highland Homes, this open-concept layout features high ceilings, a spacious kitchen with gas cooktop, and a flexible office or guest bedroom downstairs. Enjoy resort-style amenities including pools, parks, trails, and a clubhouse. Located within walking distance to schools and just minutes from Highway 80, this home offers both comfort and convenience. Whether you're looking for your forever home or are an investor, this low-maintenance property is a smart choice in a thriving neighborhood.

5. 2026-03-11
   status Active 658-char remark

   Show marketing remark (658 chars)

   BANK APPROVED PRICE! Welcome to 1153 Queensdown Way, a modern 4-bedroom, 2.5-bath townhouse in Forney’s sought-after Devonshire community. Built in 2021 by Highland Homes, this open-concept layout features high ceilings, a spacious kitchen with gas cooktop, and a flexible office or guest bedroom downstairs. Enjoy resort-style amenities including pools, parks, trails, and a clubhouse. Located within walking distance to schools and just minutes from Highway 80, this home offers both comfort and convenience. Whether you're looking for your forever home or are an investor, this low-maintenance property is a smart choice in a thriving neighborhood.

6. 2026-02-23
   status Pending 658-char remark

   Show marketing remark (658 chars)

   BANK APPROVED PRICE! Welcome to 1153 Queensdown Way, a modern 4-bedroom, 2.5-bath townhouse in Forney’s sought-after Devonshire community. Built in 2021 by Highland Homes, this open-concept layout features high ceilings, a spacious kitchen with gas cooktop, and a flexible office or guest bedroom downstairs. Enjoy resort-style amenities including pools, parks, trails, and a clubhouse. Located within walking distance to schools and just minutes from Highway 80, this home offers both comfort and convenience. Whether you're looking for your forever home or are an investor, this low-maintenance property is a smart choice in a thriving neighborhood.

7. 2026-01-23
   price $320,000 658-char remark

   Show marketing remark (658 chars)

   BANK APPROVED PRICE! Welcome to 1153 Queensdown Way, a modern 4-bedroom, 2.5-bath townhouse in Forney’s sought-after Devonshire community. Built in 2021 by Highland Homes, this open-concept layout features high ceilings, a spacious kitchen with gas cooktop, and a flexible office or guest bedroom downstairs. Enjoy resort-style amenities including pools, parks, trails, and a clubhouse. Located within walking distance to schools and just minutes from Highway 80, this home offers both comfort and convenience. Whether you're looking for your forever home or are an investor, this low-maintenance property is a smart choice in a thriving neighborhood.

8. 2026-01-13
   price $325,000 658-char remark

   Show marketing remark (658 chars)

   BANK APPROVED PRICE! Welcome to 1153 Queensdown Way, a modern 4-bedroom, 2.5-bath townhouse in Forney’s sought-after Devonshire community. Built in 2021 by Highland Homes, this open-concept layout features high ceilings, a spacious kitchen with gas cooktop, and a flexible office or guest bedroom downstairs. Enjoy resort-style amenities including pools, parks, trails, and a clubhouse. Located within walking distance to schools and just minutes from Highway 80, this home offers both comfort and convenience. Whether you're looking for your forever home or are an investor, this low-maintenance property is a smart choice in a thriving neighborhood.

9. 2025-12-16
   price $330,000 658-char remark

   Show marketing remark (658 chars)

   BANK APPROVED PRICE! Welcome to 1153 Queensdown Way, a modern 4-bedroom, 2.5-bath townhouse in Forney’s sought-after Devonshire community. Built in 2021 by Highland Homes, this open-concept layout features high ceilings, a spacious kitchen with gas cooktop, and a flexible office or guest bedroom downstairs. Enjoy resort-style amenities including pools, parks, trails, and a clubhouse. Located within walking distance to schools and just minutes from Highway 80, this home offers both comfort and convenience. Whether you're looking for your forever home or are an investor, this low-maintenance property is a smart choice in a thriving neighborhood.

10. 2025-12-16
    status Active 658-char remark

    Show marketing remark (658 chars)

    BANK APPROVED PRICE! Welcome to 1153 Queensdown Way, a modern 4-bedroom, 2.5-bath townhouse in Forney’s sought-after Devonshire community. Built in 2021 by Highland Homes, this open-concept layout features high ceilings, a spacious kitchen with gas cooktop, and a flexible office or guest bedroom downstairs. Enjoy resort-style amenities including pools, parks, trails, and a clubhouse. Located within walking distance to schools and just minutes from Highway 80, this home offers both comfort and convenience. Whether you're looking for your forever home or are an investor, this low-maintenance property is a smart choice in a thriving neighborhood.

11. 2025-11-20
    status Pending 658-char remark

    Show marketing remark (658 chars)

    BANK APPROVED PRICE! Welcome to 1153 Queensdown Way, a modern 4-bedroom, 2.5-bath townhouse in Forney’s sought-after Devonshire community. Built in 2021 by Highland Homes, this open-concept layout features high ceilings, a spacious kitchen with gas cooktop, and a flexible office or guest bedroom downstairs. Enjoy resort-style amenities including pools, parks, trails, and a clubhouse. Located within walking distance to schools and just minutes from Highway 80, this home offers both comfort and convenience. Whether you're looking for your forever home or are an investor, this low-maintenance property is a smart choice in a thriving neighborhood.

12. 2025-11-11
    status Active 658-char remark

    Show marketing remark (658 chars)

    BANK APPROVED PRICE! Welcome to 1153 Queensdown Way, a modern 4-bedroom, 2.5-bath townhouse in Forney’s sought-after Devonshire community. Built in 2021 by Highland Homes, this open-concept layout features high ceilings, a spacious kitchen with gas cooktop, and a flexible office or guest bedroom downstairs. Enjoy resort-style amenities including pools, parks, trails, and a clubhouse. Located within walking distance to schools and just minutes from Highway 80, this home offers both comfort and convenience. Whether you're looking for your forever home or are an investor, this low-maintenance property is a smart choice in a thriving neighborhood.

13. 2025-10-31
    status Pending 658-char remark

    Show marketing remark (658 chars)

    BANK APPROVED PRICE! Welcome to 1153 Queensdown Way, a modern 4-bedroom, 2.5-bath townhouse in Forney’s sought-after Devonshire community. Built in 2021 by Highland Homes, this open-concept layout features high ceilings, a spacious kitchen with gas cooktop, and a flexible office or guest bedroom downstairs. Enjoy resort-style amenities including pools, parks, trails, and a clubhouse. Located within walking distance to schools and just minutes from Highway 80, this home offers both comfort and convenience. Whether you're looking for your forever home or are an investor, this low-maintenance property is a smart choice in a thriving neighborhood.

14. 2025-10-16
    price $275,000 658-char remark

    Show marketing remark (658 chars)

    BANK APPROVED PRICE! Welcome to 1153 Queensdown Way, a modern 4-bedroom, 2.5-bath townhouse in Forney’s sought-after Devonshire community. Built in 2021 by Highland Homes, this open-concept layout features high ceilings, a spacious kitchen with gas cooktop, and a flexible office or guest bedroom downstairs. Enjoy resort-style amenities including pools, parks, trails, and a clubhouse. Located within walking distance to schools and just minutes from Highway 80, this home offers both comfort and convenience. Whether you're looking for your forever home or are an investor, this low-maintenance property is a smart choice in a thriving neighborhood.

15. 2025-10-02
    price $285,000 658-char remark

    Show marketing remark (658 chars)

    BANK APPROVED PRICE! Welcome to 1153 Queensdown Way, a modern 4-bedroom, 2.5-bath townhouse in Forney’s sought-after Devonshire community. Built in 2021 by Highland Homes, this open-concept layout features high ceilings, a spacious kitchen with gas cooktop, and a flexible office or guest bedroom downstairs. Enjoy resort-style amenities including pools, parks, trails, and a clubhouse. Located within walking distance to schools and just minutes from Highway 80, this home offers both comfort and convenience. Whether you're looking for your forever home or are an investor, this low-maintenance property is a smart choice in a thriving neighborhood.

16. 2025-08-21
    price $300,000 658-char remark

    Show marketing remark (658 chars)

    BANK APPROVED PRICE! Welcome to 1153 Queensdown Way, a modern 4-bedroom, 2.5-bath townhouse in Forney’s sought-after Devonshire community. Built in 2021 by Highland Homes, this open-concept layout features high ceilings, a spacious kitchen with gas cooktop, and a flexible office or guest bedroom downstairs. Enjoy resort-style amenities including pools, parks, trails, and a clubhouse. Located within walking distance to schools and just minutes from Highway 80, this home offers both comfort and convenience. Whether you're looking for your forever home or are an investor, this low-maintenance property is a smart choice in a thriving neighborhood.

17. 2025-08-07
    price $310,000 658-char remark

    Show marketing remark (658 chars)

    BANK APPROVED PRICE! Welcome to 1153 Queensdown Way, a modern 4-bedroom, 2.5-bath townhouse in Forney’s sought-after Devonshire community. Built in 2021 by Highland Homes, this open-concept layout features high ceilings, a spacious kitchen with gas cooktop, and a flexible office or guest bedroom downstairs. Enjoy resort-style amenities including pools, parks, trails, and a clubhouse. Located within walking distance to schools and just minutes from Highway 80, this home offers both comfort and convenience. Whether you're looking for your forever home or are an investor, this low-maintenance property is a smart choice in a thriving neighborhood.

18. 2025-07-24
    price $325,000 658-char remark

    Show marketing remark (658 chars)

    BANK APPROVED PRICE! Welcome to 1153 Queensdown Way, a modern 4-bedroom, 2.5-bath townhouse in Forney’s sought-after Devonshire community. Built in 2021 by Highland Homes, this open-concept layout features high ceilings, a spacious kitchen with gas cooktop, and a flexible office or guest bedroom downstairs. Enjoy resort-style amenities including pools, parks, trails, and a clubhouse. Located within walking distance to schools and just minutes from Highway 80, this home offers both comfort and convenience. Whether you're looking for your forever home or are an investor, this low-maintenance property is a smart choice in a thriving neighborhood.

19. 2025-07-08
    listed $350,000 Active 658-char remark

    Show marketing remark (658 chars)

    BANK APPROVED PRICE! Welcome to 1153 Queensdown Way, a modern 4-bedroom, 2.5-bath townhouse in Forney’s sought-after Devonshire community. Built in 2021 by Highland Homes, this open-concept layout features high ceilings, a spacious kitchen with gas cooktop, and a flexible office or guest bedroom downstairs. Enjoy resort-style amenities including pools, parks, trails, and a clubhouse. Located within walking distance to schools and just minutes from Highway 80, this home offers both comfort and convenience. Whether you're looking for your forever home or are an investor, this low-maintenance property is a smart choice in a thriving neighborhood.

20. 2023-03-10
    soldstatus Closed 386-char remark

    Show marketing remark (386 chars)

    MLS# 14633232 - Built by Highland Homes - Ready Now! ~ The soaring ceilings of the entry capture attention in this home. The study which is on the first floor offers privacy for those “work from home” days. Large picture windows highlight the open family, kitchen, and dining spaces. The three generous bedrooms and the utility room are upstairs for secluded family feeling!

21. 2022-05-21
    status Pending 386-char remark

    Show marketing remark (386 chars)

    MLS# 14633232 - Built by Highland Homes - Ready Now! ~ The soaring ceilings of the entry capture attention in this home. The study which is on the first floor offers privacy for those “work from home” days. Large picture windows highlight the open family, kitchen, and dining spaces. The three generous bedrooms and the utility room are upstairs for secluded family feeling!

22. 2021-12-15
    status Pending 386-char remark

    Show marketing remark (386 chars)

    MLS# 14633232 - Built by Highland Homes - Ready Now! ~ The soaring ceilings of the entry capture attention in this home. The study which is on the first floor offers privacy for those “work from home” days. Large picture windows highlight the open family, kitchen, and dining spaces. The three generous bedrooms and the utility room are upstairs for secluded family feeling!

23. 2021-12-12
    price $438,340 386-char remark

    Show marketing remark (386 chars)

    MLS# 14633232 - Built by Highland Homes - Ready Now! ~ The soaring ceilings of the entry capture attention in this home. The study which is on the first floor offers privacy for those “work from home” days. Large picture windows highlight the open family, kitchen, and dining spaces. The three generous bedrooms and the utility room are upstairs for secluded family feeling!

24. 2021-12-12
    price $443,340 386-char remark

    Show marketing remark (386 chars)

    MLS# 14633232 - Built by Highland Homes - Ready Now! ~ The soaring ceilings of the entry capture attention in this home. The study which is on the first floor offers privacy for those “work from home” days. Large picture windows highlight the open family, kitchen, and dining spaces. The three generous bedrooms and the utility room are upstairs for secluded family feeling!

25. 2021-12-12
    historical 386-char remark

    Show marketing remark (386 chars)

    MLS# 14633232 - Built by Highland Homes - Ready Now! ~ The soaring ceilings of the entry capture attention in this home. The study which is on the first floor offers privacy for those “work from home” days. Large picture windows highlight the open family, kitchen, and dining spaces. The three generous bedrooms and the utility room are upstairs for secluded family feeling!

26. 2021-08-06
    price $379,285 386-char remark

    Show marketing remark (386 chars)

    MLS# 14633232 - Built by Highland Homes - Ready Now! ~ The soaring ceilings of the entry capture attention in this home. The study which is on the first floor offers privacy for those “work from home” days. Large picture windows highlight the open family, kitchen, and dining spaces. The three generous bedrooms and the utility room are upstairs for secluded family feeling!

27. 2021-07-23
    listed $369,285 Active 386-char remark

    Show marketing remark (386 chars)

    MLS# 14633232 - Built by Highland Homes - Ready Now! ~ The soaring ceilings of the entry capture attention in this home. The study which is on the first floor offers privacy for those “work from home” days. Large picture windows highlight the open family, kitchen, and dining spaces. The three generous bedrooms and the utility room are upstairs for secluded family feeling!

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

• Current annual tax: $9,927 · $827/mo
• Projected year-2 tax: $9,927 · $827/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥110°F today · 24 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $32,238
• − Mortgage interest: −$14,564
• − Property taxes: −$9,927
• − Insurance: −$1,300
• − Repairs & maintenance: −$2,579
• − Management: −$2,579
• − HOA: −$3,600
• − Depreciation: −$7,564
• Taxable loss: −$9,874
• Est. tax savings @ 24.0%: +$2,370
• After-tax cash flow: $-3,350/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 12 photos

Good 80/100 Cosmetic rehab

This modern townhouse in Forney's Devonshire community is in excellent condition with minimal repairs needed. It offers a spacious kitchen, three bedrooms, and two bathrooms, all in good condition. The property is move-in ready and would benefit from landscaping and painting to further enhance its value.

Value-add opportunities

• Both landscaping — enhances curb appeal and adds value
• Both painting — refreshes interior and exterior
• Both window treatments — improves energy efficiency and aesthetics

Renovation cost estimate screening

Value-add ROI direction

• Both landscaping — enhances curb appeal and adds value ↑
• Both painting — refreshes interior and exterior ↑
• Both window treatments — improves energy efficiency and aesthetics ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Forney ISD
• NCES district ID: 4819560
• Math proficiency: 41% ▼ -20.00%
• Reading proficiency: 44% ▼ -12.00%
• Median HH income: $86,679
• Composite: 40.07/100
• National rank: #3812
• State rank: #234 of 826 in TX

Livability — Forney

• Score: 76/100
• State rank: #98
• US rank: #3339

Category grades

Amenities C- Commute F Cost of living A+ Crime A+ Employment A+ Housing A+ Health & safety B+ User ratings C+

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Kaufman County · 122,338 people
• City population: 150,788
• Metro: Dallas-Fort Worth-Arlington, TX
• Population (ZIP): 84,799
• Household income: $103,673
• Rent vs Own: 19.5% rent · 80.5% own
• Severe rent burden: 1306.0

Population outlook (Kaufman County) Hauer SSP2

• Today (2025): 138,716 people
• By 2030: 150,815 · +8.7%
• By 2040: 174,877 · +26.1%
• By 2050: 198,020 · +42.8%
• By 2075: 251,908 · +81.6%
• By 2100: 285,325 · +105.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.68)
• Race & ethnicity: White 45% Black 25% Hispanic / Latino 23% Two or more races 14% Asian 3%
• Hispanic origin (detail): Mexican 18% Puerto Rican 1%
• Common ancestry: Italian 2% Slovak 1% Portuguese 1%
• Foreign-born: 12% · Canada, Vietnam
• Languages at home: 79% English-only · Spanish 14% Arabic 1% Vietnamese 1%

Political lean MEDSL · Kaufman

• 2024 margin: Strong R (+27.9) · D 35.6% · R 63.5%
• 2008→2024 swing: +7.9pp toward D · 2008: -35.8pp · 2024: -27.9pp
• All cycles: 2024: R+27.9 2020: R+33.9 2016: R+47.0 2012: R+44.4 2008: R+35.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -102.93%
• Current HPI: 148.5749
• Rent YoY: ▲ 1.42%
• Metro: Dallas-Fort Worth-Arlington, TX
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

-29.6% since first listed

27 events — show timeline

• 2026-05-14 Pending — NTREIS
• 2026-05-06 Price Changed $260,000 NTREIS
• 2026-04-24 Price Changed $275,000 NTREIS
• 2026-04-14 Price Changed $300,000 NTREIS
• 2026-03-11 Relisted — NTREIS
• 2026-02-23 Pending — NTREIS
• 2026-01-23 Price Changed $320,000 NTREIS
• 2026-01-13 Price Changed $325,000 NTREIS
• 2025-12-16 Price Changed $330,000 NTREIS
• 2025-12-16 Relisted — NTREIS
• 2025-11-20 Pending — NTREIS
• 2025-11-11 Relisted — NTREIS
• 2025-10-31 Pending — NTREIS
• 2025-10-16 Price Changed $275,000 NTREIS
• 2025-10-02 Price Changed $285,000 NTREIS
• 2025-08-21 Price Changed $300,000 NTREIS
• 2025-08-07 Price Changed $310,000 NTREIS
• 2025-07-24 Price Changed $325,000 NTREIS
• 2025-07-08 Listed $350,000 NTREIS
• 2023-03-10 Sold (MLS) — NTREIS
• 2022-05-21 Pending — NTREIS
• 2021-12-15 Pending — NTREIS
• 2021-12-12 Listing Removed — NTREIS
• 2021-12-12 Price Changed $443,340 NTREIS
• 2021-12-12 Price Changed $438,340 NTREIS
• 2021-08-06 Price Changed $379,285 NTREIS
• 2021-07-23 Listed $369,285 NTREIS

Property tax history

+132.9%/yr

Latest (2025): $9,927 · -10.9% YoY. Source: county tax records.