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Kaufman 75126 Devonshire
1020 Newington Circle
$545,000
● House - Off Market

1020 Newington Circle

Forney, TX 75126
bedrooms
6 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
4,070 Ft²
$4,037
Est. Monthly
$52
HOA / Fees
5.78%
Cap Rate

About This Property

CONTACT LISTING AGENT JOEY FOR A SHOWING TODAY! Beautiful home located in the sought after neighborhood of Devonshire. This Bloomfield constructed home has everything you will need. You enter through the front door into a light and bright entry. A few more feet in the hall that leads to the half bath and laundry room will be on your right followed by the formal dining. Directly across are 2 bedrooms and 1 full bath. Then the space really opens up to the entertainment space which is the living, kitchen and breakfast areas. The primary is on the back right side of the home. Upstairs there is a game room, media room and bedroom and full bath plus a Jr primary. The Jr primary is perfect for grandparents or young adult children.  Located near shopping and dining as well as easy access to Hwy 80.
Unit Size
4,070 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$133
Property Type
House
Property Taxes
$1,333
HOA Dues
$52
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (NTREIS #20613323)

Price History

Date / Event Date Event Price
Aug 13, 2024 Sold
Premium
Sold
Jul 2, 2024 In contract -
In contract
Jun 21, 2024 Price Decreased $539,990
↓ $10K (1.8%)
Price Decreased
Jun 8, 2024 Price Decreased $549,990
↓ $5K (0.9%)
Price Decreased
May 9, 2024 Listed by RE/MAX DFW Associates $554,990
Listed by RE/MAX DFW Associates
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 620
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,033
  • Total Building Area: 3,898
  • Gross Building Area: 4,028
  • Building Area: 3,278
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,278
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DEVONSHIRE VILLAGE 9
  • Land Acres: 0000000207
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: DEVONSHIRE VILLAGE 9, BLOCK W, LOT 8; & HOUSE

Neighborhood

  • School District Name: Forney Independent School District
  • Census Tract: 050205

Geography

  • Parcel: 207172
  • Block: W
  • Lot: 8
  • Municipality: FORNEY
  • Latitude: 32.7785
  • Longitude: -96.424

    Address

  • Full Address: 1020 Newington Cir
  • Address - House Number: 1020
  • Address - Street Name: Newington
  • Address - Suffix Type: Cir
  • State: TX
  • City Name: Forney
  • Carrier Code: R016
  • 4-Digit Zip Code: 3838
  • Zip Code: 75126

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,545,035
  • Tax Rate Code Area: 6F CAD KC

    Appraisal Valuation

  • Standard Deviation: 0.1789
  • Valuation Date: Nov 23, 2022
  • Confidence Score: 76
  • Final Value: 478,801
  • High Value: 564,498
  • Low Value: 393,104

    Market Valuation

  • Market Total Value: $50,000
  • Market Land Value: $50,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $569,991
  • Assessed Land Value: $82,500
  • Assessed Improvements Value: $487,491

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 06, 2021
  • Current Sale Recording Date: Aug 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2021-0031835
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Devonshire

Stats & Trends

Median Asking:

$349,900

Sale Price/ft²

$156

Below Asking

0.04%

Average Days on Market

95

Average Home Size

2571 ft²

Average Home Age

3.5 years

Currently For Sale

104 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1133 Barrix Drive, Forney, TX, 75126

$4,000 /mo

  • 5 Beds
  • 3 Baths
  • 2,950 ft²
1133 Barrix Drive, Forney, TX, 75126 Listing by Brandie Scales
Unit for rent at 1600 Lynx Loop, Forney, TX, 75126

$4,450 /mo

  • 4 Beds
  • 4 Baths
  • 3,352 ft²
1600 Lynx Loop, Forney, TX, 75126 Listing by Ashley Lusk

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Joey Stanbery, RE/MAX DFW Associates
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20613323
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1020 Newington Circle built and last sold?
The property at 1020 Newington Circle was built in and last sold on Aug 6, 2021 for $449,700.
How much is this home worth?
The estimated value of the home located at 1020 Newington Circle is $0.
What are some comparable homes to 1020 Newington Circle?
There are currently no comparable homes to 1020 Newington Circle.
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