1805 Goose Pond Rd · Forney, TX
Flood risk No data
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
- —
- Est. flood insurance / yr
- —
Fire risk No data
- Est. fire insurance / yr
- —
Heat risk No data
- Hot days now (above threshold)
- —
- Hot days in 30 yrs
- —
Wind risk No data
- Chance of severe wind over 30 yrs
- —
Air-quality risk No data
- Unhealthy air days now
- —
- Unhealthy air days in 30 yrs
- —
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D+ 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 +12.6/15.0
- Cash flow +12.4/30.0
- 1% rule +5.3/10.0
- Schools +4.0/10.0
- Condition / age +4.0/5.0
- Livability +3.8/5.0
- DSCR +3.7/10.0
- Rent growth +2.9/5.0
- Appreciation +0.0/10.0
$227,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Budget & Energy efficient, ALL APPLIANCES INCLUDED (Blinds, Washer, Dryer, Refrigerator), Move right in! Savings w. Water around $30 & Electric under $100 a month, NO MUD-NO PID! Handicap Accessible throughout. This energy efficient Brand New Home offers spacious open floor plan offering distance but togetherness at once. Primary is away from all rooms offering ensuite wide turn bathroom & Large turn changing closet. The two secondary bedrooms have large closets & are located on the front side of the home with the close door laundry room near the from 2 car garage. Community Swimming pool, miles of walking trails, a community center and onsite park. Luxury Vinyl flooring, Quartz countertops throughout, Designer-Shaker-style cabinetry, Wood Privacy Fence in maintainable yard, Sprinkler system, Water-saving elongated toilets, LED recessed lighting, R insulation in exterior walls, PEX plumbing system, R-38 insulation at attic, Dual-glazed windows w.high-performance low-E glass, Programmable thermostats. Ranked by Homes as the #2 best suburb in the US to move to in 2021, small-town feel w. excellent schools, close to major employers, wide variety of restaurants, shopping. COMING SOON: Target, Home Depot, H-E-B, Texas Health Resources plans to build a new hospital, Ross, Burlington, Rack Room Shoes and Five Below, Dick’s Sporting Goods, Evo Entertainment! Nearby highways US-80, I-20 offers convenient access to the Dallas Metroplex.HOME IN HOA
Key facts
- Handicap accessible
- Energy efficient
- 4,704 sq ft lot
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $227k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-37 ($-446/yr) — negative.
- To cash-flow at today's rent, offer at most $220k (2.9% below list).
- Meets the 1% rule at list price ($2k rent vs $227k).
- Recommended offer: $200k (12.0% below list) — sets the bar for market timing.
- Cap rate 6.1% vs local median 4.1% in Forney — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
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 21d 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).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k 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 173 days — a 12% lower offer ($200k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts since 2y ago; this cycle's ask has dropped $17k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: property tax is 3.1% of price.
Questions for the listing agent
- 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?
- It's been on market 173 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.03% ✓
- Cap rate
- 6.10%
- Cash-on-cash
- -0.70%
- DSCR
- 0.97
- GRM
- 8.1
CMA / ARV
- ARV (median comp)
- $256,256
- List price
- $227,000
- Delta
- -11.42%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1705 Guswood Rd | 0.06mi | 3/2.0 | 1,537 (+2%) | 2mo | $299,960 | $195 | 92 |
| 1413 Grove Pond Rd | 0.08mi | 3/2.0 | 1,461 (-3%) | 3mo | $217,399 | $149 | 89 |
| 1904 Flaxen Dr | 0.09mi | 3/2.0 | 1,451 (-3%) | 2mo | $220,999 | $152 | 89 |
| 1415 Grove Pond Rd | 0.08mi | 3/2.0 | 1,451 (-3%) | 3mo | $215,499 | $149 | 88 |
| 2244 Walden Pond Blvd | 0.12mi | 3/2.0 | 1,537 (+2%) | 5mo | $289,960 | $189 | 86 |
| 1919 Flaxen Dr | 0.03mi | 3/2.0 | 1,656 (+10%) | 1mo | $243,999 | $147 | 80 |
| 2218 Walden Pond Blvd | 0.13mi | 3/2.0 | 1,604 (+7%) | 6mo | $260,824 | $163 | 77 |
| 2208 Heaton St | 0.42mi | 3/2.0 | 1,449 (-3%) | 3mo | $245,000 | $169 | 72 |
| 1703 Sandy Pond | 0.39mi | 3/2.0 | 1,574 (+5%) | 2mo | $280,090 | $178 | 72 |
| 2078 Rosebury Ln | 0.70mi | 3/2.0 | 1,643 (+10%) | 1mo | $250,000 | $152 | 51 |
| 1410 Fairfield Dr | 0.54mi | 3/2.0 | 1,695 (+13%) | 4mo | $260,000 | $153 | 50 |
| 1702 Gleasondale Rd | 0.67mi | 4/2.0 (+1) | 1,720 (+15%) | 6mo | $247,924 | $144 | 34 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 1.42% rent growth · sell at horizon
- IRR
- -19.5%
- Equity multiple
- 0.33×
- Total profit
- $-42,570
- Equity at exit
- $33,846
- IRR
- -16.5%
- Equity multiple
- 0.16×
- Total profit
- $-53,686
- Equity at exit
- $19,627
Cash invested: $63,560 (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
ZIP-level market 75126
- Rents YoY
- 1.4%
- Active inventory
- 2200
- Price-to-rent
- 8.1×
Monthly cashflow live
- Estimated rent
- $2,327 high interval (Pro) →
- Mortgage (P&I)
- −$1,190
- Tax from tax record
- −$590 /mo · $7,085/yr
- Insurance
- −$95
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$489
- Net cashflow
- $-37
Break-even live
Sensitivity live
| Price | -10% $91 | -5% $27 | +0% $-37 | +5% $-101 | +10% $-166 |
|---|---|---|---|---|---|
| Rent | -10% $-221 | -5% $-129 | +0% $-37 | +5% $55 | +10% $147 |
| Rate | -1.0pp $77 | -0.5pp $21 | base $-37 | +0.5pp $-96 | +1.0pp $-156 |
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
- $56,750
- Closing costs
- $6,810
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1412 Grove Pond Rd Forney, TX | 4.0 | 2.0 | 1708 | $2,500 | $1.46 | 20d | 1 | 0.13mi |
| 534 Tuscany Dr Forney, TX | 4.0 | 2.0 | 2069 | $2,500 | $1.21 | 45d | 1 | 0.23mi |
| 525 Ardsley Ln Forney, TX | 4.0 | 2.0 | 1775 | $2,395 | $1.35 | 0d | 1 | 0.31mi |
| 1108 Redcoat Dr , TX | 3.0 | 2.0 | 1800 | $2,250 | $1.25 | 6d | 1 | 0.32mi |
| 2207 Heaton Forney, TX | 3.0 | 2.0 | 1423 | $2,100 | $1.48 | 45d | 1 | 0.38mi |
| 2213 Heaton Forney, TX | 3.0 | 2.0 | 2146 | $2,395 | $1.12 | 9d | 1 | 0.40mi |
| 2213 Heaton Forney, TX | 3.0 | 2.0 | 2146 | $2,395 | $1.12 | 18d | 1 | 0.40mi |
| 1450 Whaley Dr Forney, TX | 1.0–2.0 | 1.0–2.0 | 922 | $2,532 | $2.75 | 0d | 20 | 0.44mi |
| 2225 Heaton Forney, TX | 3.0 | 2.0 | 1909 | $2,150 | $1.13 | 45d | 1 | 0.46mi |
| 2217 Perrymead Dr Forney, TX | 3.0 | 2.0 | 1423 | $2,360 | $1.66 | 6d | 1 | 0.46mi |
| 2127 Pecan Ridge Dr Forney, TX | 3.0 | 2.0 | 2113 | $2,100 | $0.99 | 45d | 1 | 0.53mi |
| 1012 Barkers Pond Ave Forney, TX | 4.0 | 2.0 | 1710 | $2,295 | $1.34 | 4d | 1 | 0.55mi |
| 1105 N Gateway Blvd Forney, TX | 1.0–3.0 | 1.0–2.0 | 987 | $1,842 | $1.87 | 0d | 30 | 0.58mi |
| 2016 Croftbank St Forney, TX | 3.0 | 2.5 | 1920 | $2,600 | $1.35 | 0d | 1 | 0.60mi |
| 1100 N Gateway Blvd Forney, TX | 1.0–2.0 | 1.0–2.0 | 892 | $1,819 | $2.04 | 0d | 29 | 0.68mi |
| 2023 Avondown Rd Forney, TX | 3.0 | 2.0 | 1640 | $2,191 | $1.34 | 0d | 1 | 0.72mi |
| 1205 Gateway Blvd Forney, TX | 2.0 | 1.0–2.0 | 957 | $2,437 | $2.55 | 45d | 1 | 0.74mi |
| 1200 N Gateway Blvd Forney, TX | 2.0 | 1.0–2.0 | 848 | $1,658 | $1.96 | 0d | 30 | 0.74mi |
| 1750 Gleasondale Pl Forney, TX | 3.0 | 2.0 | 1633 | $2,200 | $1.35 | 45d | 1 | 0.75mi |
| 2105 Cardinal Dr Forney, TX | 4.0 | 2.0 | 1763 | $2,200 | $1.25 | 23d | 1 | 0.76mi |
| 1759 Gleasondale Pl Forney, TX | 3.0 | 2.0 | 1726 | $2,050 | $1.19 | 26d | 1 | 0.76mi |
| 2201 Woodberry Dr Forney, TX | 3.0 | 2.0 | 1839 | $2,050 | $1.11 | 45d | 1 | 0.77mi |
| 1430 Everett Gardens Way Forney, TX | 3.0 | 2.0 | 1465 | $1,950 | $1.33 | 14d | 1 | 0.77mi |
| 236 Pennridge Dr Forney, TX | 3.0 | 2.0 | 1871 | $2,295 | $1.23 | 26d | 1 | 0.82mi |
| 1462 Everett Gardens Way Forney, TX | 4.0 | 2.0 | 1858 | $2,195 | $1.18 | 3d | 1 | 0.84mi |
| 1462 Everett Gardens Way Forney, TX | 4.0 | 2.0 | 1858 | $2,195 | $1.18 | 26d | 1 | 0.84mi |
| 108 Antler Trl Forney, TX | 4.0 | 2.0 | 2250 | $2,449 | $1.09 | 26d | 1 | 0.86mi |
| 236 Archer Way Forney, TX | 3.0 | 2.0 | 2016 | $2,300 | $1.14 | 20d | 1 | 0.87mi |
| 120 Garner Ct Forney, TX | 3.0 | 2.0 | 2214 | $2,500 | $1.13 | 45d | 1 | 0.89mi |
| 10900 Reeder Ln Forney, TX | 3.0 | 1.5 | 1186 | $3,200 | $2.70 | 23d | 1 | 0.93mi |
| 1405 N Gateway Blvd Forney, TX | 1.0–3.0 | 1.0–2.0 | 936 | $3,920 | $4.19 | 0d | 1 | 0.93mi |
| 2121 Juniper Dr Forney, TX | 4.0 | 2.0 | 1935 | $2,249 | $1.16 | 4d | 1 | 0.96mi |
| 2421 Eldor Way Forney, TX | 4.0 | 2.0 | 1680 | $2,195 | $1.31 | 26d | 1 | 0.98mi |
| 213 Long Prairie Dr Forney, TX | 4.0 | 2.5 | 1964 | $2,025 | $1.03 | 18d | 1 | 0.99mi |
| 1448 Kingswell Ln Forney, TX | 4.0 | 3.0 | 2208 | $2,950 | $1.34 | 26d | 1 | 1.01mi |
| 1017 Somerset Cir Forney, TX | 3.0 | 2.0 | 2185 | $2,375 | $1.09 | 9d | 1 | 1.03mi |
| 2106 Bluebell Forney, TX | 3.0 | 2.0 | 1541 | $1,950 | $1.27 | 7d | 1 | 1.04mi |
| 2029 Cone Flower Dr Forney, TX | 3.0 | 2.0 | 1604 | $1,816 | $1.13 | 9d | 1 | 1.07mi |
| 1806 Balfour Bnd Forney, TX | 3.0 | 2.0 | 1981 | $2,600 | $1.31 | 26d | 1 | 1.10mi |
| 2027 Fair Crest Trl Forney, TX | 4.0 | 2.0 | 2108 | $1,975 | $0.94 | 45d | 1 | 1.12mi |
Listing history 7 events
-
2026-05-31days on market $227,000 Active 173 DOM
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2026-04-27price $242,200 1483-char remark
Show marketing remark (1483 chars)
Budget & Energy efficient, ALL APPLIANCES INCLUDED (Blinds, Washer, Dryer, Refrigerator), Move right in! Savings w. Water around $30 & Electric under $100 a month, NO MUD-NO PID! Handicap Accessible throughout. This energy efficient Brand New Home offers spacious open floor plan offering distance but togetherness at once. Primary is away from all rooms offering ensuite wide turn bathroom & Large turn changing closet. The two secondary bedrooms have large closets & are located on the front side of the home with the close door laundry room near the from 2 car garage. Community Swimming pool, miles of walking trails, a community center and onsite park. Luxury Vinyl flooring, Quartz countertops throughout, Designer-Shaker-style cabinetry, Wood Privacy Fence in maintainable yard, Sprinkler system, Water-saving elongated toilets, LED recessed lighting, R insulation in exterior walls, PEX plumbing system, R-38 insulation at attic, Dual-glazed windows w.high-performance low-E glass, Programmable thermostats. Ranked by Homes as the #2 best suburb in the US to move to in 2021, small-town feel w. excellent schools, close to major employers, wide variety of restaurants, shopping. COMING SOON: Target, Home Depot, H-E-B, Texas Health Resources plans to build a new hospital, Ross, Burlington, Rack Room Shoes and Five Below, Dick’s Sporting Goods, Evo Entertainment! Nearby highways US-80, I-20 offers convenient access to the Dallas Metroplex.HOME IN HOA
-
2026-04-04price $242,300 1483-char remark
Show marketing remark (1483 chars)
Budget & Energy efficient, ALL APPLIANCES INCLUDED (Blinds, Washer, Dryer, Refrigerator), Move right in! Savings w. Water around $30 & Electric under $100 a month, NO MUD-NO PID! Handicap Accessible throughout. This energy efficient Brand New Home offers spacious open floor plan offering distance but togetherness at once. Primary is away from all rooms offering ensuite wide turn bathroom & Large turn changing closet. The two secondary bedrooms have large closets & are located on the front side of the home with the close door laundry room near the from 2 car garage. Community Swimming pool, miles of walking trails, a community center and onsite park. Luxury Vinyl flooring, Quartz countertops throughout, Designer-Shaker-style cabinetry, Wood Privacy Fence in maintainable yard, Sprinkler system, Water-saving elongated toilets, LED recessed lighting, R insulation in exterior walls, PEX plumbing system, R-38 insulation at attic, Dual-glazed windows w.high-performance low-E glass, Programmable thermostats. Ranked by Homes as the #2 best suburb in the US to move to in 2021, small-town feel w. excellent schools, close to major employers, wide variety of restaurants, shopping. COMING SOON: Target, Home Depot, H-E-B, Texas Health Resources plans to build a new hospital, Ross, Burlington, Rack Room Shoes and Five Below, Dick’s Sporting Goods, Evo Entertainment! Nearby highways US-80, I-20 offers convenient access to the Dallas Metroplex.HOME IN HOA
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2025-12-09$244,300 Active 1483-char remark
Show marketing remark (1483 chars)
Budget & Energy efficient, ALL APPLIANCES INCLUDED (Blinds, Washer, Dryer, Refrigerator), Move right in! Savings w. Water around $30 & Electric under $100 a month, NO MUD-NO PID! Handicap Accessible throughout. This energy efficient Brand New Home offers spacious open floor plan offering distance but togetherness at once. Primary is away from all rooms offering ensuite wide turn bathroom & Large turn changing closet. The two secondary bedrooms have large closets & are located on the front side of the home with the close door laundry room near the from 2 car garage. Community Swimming pool, miles of walking trails, a community center and onsite park. Luxury Vinyl flooring, Quartz countertops throughout, Designer-Shaker-style cabinetry, Wood Privacy Fence in maintainable yard, Sprinkler system, Water-saving elongated toilets, LED recessed lighting, R insulation in exterior walls, PEX plumbing system, R-38 insulation at attic, Dual-glazed windows w.high-performance low-E glass, Programmable thermostats. Ranked by Homes as the #2 best suburb in the US to move to in 2021, small-town feel w. excellent schools, close to major employers, wide variety of restaurants, shopping. COMING SOON: Target, Home Depot, H-E-B, Texas Health Resources plans to build a new hospital, Ross, Burlington, Rack Room Shoes and Five Below, Dick’s Sporting Goods, Evo Entertainment! Nearby highways US-80, I-20 offers convenient access to the Dallas Metroplex.HOME IN HOA
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2025-01-31soldstatus Closed 616-char remark
Show marketing remark (616 chars)
LENNAR Walden Pond West - Idlewood Floorplan - This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining, along with access to an outdoor space. An owner’s suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are two secondary bedrooms at the front of the home, ideal for household members and overnight guests. THIS IS COMPLETE JANUARY 2025! Prices, dimensions and features may vary and are subject to change. Photos are for illustrative purposes only.
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2024-12-22status Pending 616-char remark
Show marketing remark (616 chars)
LENNAR Walden Pond West - Idlewood Floorplan - This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining, along with access to an outdoor space. An owner’s suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are two secondary bedrooms at the front of the home, ideal for household members and overnight guests. THIS IS COMPLETE JANUARY 2025! Prices, dimensions and features may vary and are subject to change. Photos are for illustrative purposes only.
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2024-12-10$256,999 Active 616-char remark
Show marketing remark (616 chars)
LENNAR Walden Pond West - Idlewood Floorplan - This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining, along with access to an outdoor space. An owner’s suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are two secondary bedrooms at the front of the home, ideal for household members and overnight guests. THIS IS COMPLETE JANUARY 2025! Prices, dimensions and features may vary and are subject to change. Photos are for illustrative purposes only.
ⓘ 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
- $7,085 · $590/mo
- Projected year-2 tax
- $7,085 · $590/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $27,923
- − Mortgage interest
- −$12,716
- − Property taxes
- −$7,085
- − Insurance
- −$1,135
- − Repairs & maintenance
- −$2,234
- − Management
- −$2,234
- − Depreciation
- −$6,604
- Taxable loss
- −$4,084
- Est. tax savings @ 24.0%
- +$980
- After-tax cash flow
- $534/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 · 1 photo
This single-family home is in good condition with minimal repairs needed. It offers a good investment opportunity with potential for cosmetic upgrades to enhance its resale and rental value.
Value-add opportunities
- Both Painting exterior and interior — Enhances curb appeal and interior aesthetics
- Both Landscaping improvements — Enhances curb appeal and adds value
- Both New flooring in bathrooms and kitchen — Improves aesthetics and adds value
- Both New window treatments — Enhances curb appeal and interior aesthetics
Renovation cost estimate screening
Value-add ROI direction
- Both Painting exterior and interior — Enhances curb appeal and interior aesthetics ↑
- Both Landscaping improvements — Enhances curb appeal and adds value ↑
- Both New flooring in bathrooms and kitchen — Improves aesthetics and adds value ↑
- Both New window treatments — Enhances curb appeal and interior 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
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Kaufman County · 122,338 people
- City population
- 84,799
- Metro
- Dallas-Fort Worth-Arlington, TX
- Population (ZIP)
- 84,799
- Household income
- $103,673
- Rent vs 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 |
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| Technology | 5 | $198B |
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| Engineering / Construction | 4 | $72B |
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| Energy Services | 3 | $60B |
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| Utilities | 3 | $41B |
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| Healthcare | 2 | $330B |
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Price history
-5.8% since first listed6 events — show timeline
- 2026-04-27 Price Changed $242,200 NTREIS
- 2026-04-04 Price Changed $242,300 NTREIS
- 2025-12-09 Listed $244,300 NTREIS
- 2025-01-31 Sold (MLS) — NTREIS
- 2024-12-22 Pending — NTREIS
- 2024-12-10 Listed $256,999 NTREIS
Property tax history
+973.6%/yrLatest (2025): $7,085 · +973.6% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…