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Forney 75126 Grayhawk
1209 Grayhawk Drive
$322,500
● House - Off Market

1209 Grayhawk Drive

Forney, TX 75126
bedrooms
4 Beds
bathrooms
0 Bath
square feet
2,861 Ft²
$482,468
RealtyHop Estimate
48.45%
Since Apr 1, 2020
TX-Dallas
Primary Model

About This Property

Stunning 4 bedroom home with game room! Open floor plan offers a spacious living area that flows into the kitchen and breakfast nook. Kitchen features a large island, granite countertops, and stainless appliances. All bedrooms are located downstairs with large game room upstairs. Master suite features a bay window, jacuzzi tub, separate shower, dual sinks, and walk-in closet. Enjoy the large oversized backyard patio! Minutes to HWY 80 and 20!
Unit Size
2,861 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$114
Property Type
House
Property Taxes
-
HOA Dues
$40
Year Built
2011

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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 #14277819)

Price History

Date / Event Date Event Price
May 3, 2020 No longer available -
No longer available
Mar 26, 2020 Sold
Premium
Sold
Mar 8, 2020 Listed $325,000
Listed
Stunning 4 bedroom home with game room! Open floor plan offers a spacious living area that flows into the kitchen and breakfast nook. Kitchen features a large island, granite countertops, and stainless appliances. All bedrooms are located downstairs with large game room upstairs. Master suite features a bay window, jacuzzi tub, separate shower, dual sinks, and walk-in closet. Enjoy the large oversized backyard patio! Minutes to HWY 80 and 20! The manager has listed the unit size as 2861 square feet.
Feb 17, 2020 Listed by Coldwell Banker Apex, REALTORS $325,000
Listed by Coldwell Banker Apex, REALTORS

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 580
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,450
  • Total Building Area: 3,589
  • Gross Building Area: 3,701
  • Building Area: 3,009
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,009
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GRAYHAWK ADDITION PH 1
  • Land Acres: 0000000217
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: GRAYHAWK ADDITION PH 1, BLOCK 7, LOT 3; & HOUSE

Neighborhood

  • School District Name: Forney Independent School District
  • Census Tract: 050206

Geography

  • Parcel: 180616
  • Block: 7
  • Lot: 3
  • Municipality: FORNEY
  • Latitude: 32.7164
  • Longitude: -96.4728

    Address

  • Full Address: 1209 Grayhawk Dr
  • Address - House Number: 1209
  • Address - Street Name: Grayhawk
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Forney
  • Carrier Code: R017
  • 4-Digit Zip Code: 7743
  • Zip Code: 75126

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $771,447
  • Tax Rate Code Area: CAD CF KC

    Appraisal Valuation

  • Standard Deviation: 0.1884
  • Valuation Date: Oct 26, 2022
  • Confidence Score: 75
  • Final Value: 480,492
  • High Value: 571,040
  • Low Value: 389,944

    Market Valuation

  • Market Total Value: $345,186
  • Market Land Value: $85,000
  • Market Improvement Value: $260,186

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $379,705

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 26, 2020
  • Current Sale Recording Date: Mar 27, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2020-0008257
  • Previous Sale Recording Date: Mar 15, 2016
  • Previous Sale Contract Date: Mar 14, 2016
  • Previous Sale Amount: $280,700
  • Previous Sale Document Type: 70
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 Grayhawk

Stats & Trends

Median Asking:

$485,000

Sale Price/ft²

$153

Above Asking

0.00%

Average Days on Market

95

Average Home Size

3898 ft²

Average Home Age

14 years

Currently For Sale

5 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 812 Carmen Street, Forney, TX, 75126

$2,399 /mo

  • 4 Beds
  • 2 Baths
  • 1,876 ft²
812 Carmen Street, Forney, TX, 75126 Listing by Carrie Deraps
Unit for rent at 2495 Monty Street, Forney, TX, 75126

$2,300 /mo

  • 4 Beds
  • 2 Baths
  • 1,835 ft²
2495 Monty Street, Forney, TX, 75126 Listing by Karen Rivera
Unit for rent at 909 White Porch Avenue, Forney, TX, 75126

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,942 ft²
909 White Porch Avenue, Forney, TX, 75126 Listing by Anne Enloe

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Brittany Clifford, Coldwell Banker Apex, REALTORS
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14277819
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1209 Grayhawk Drive built and last sold?
The property at 1209 Grayhawk Drive was built in 2011 and last sold on Mar 26, 2020 for $383,000.
How much is this home worth?
The estimated value of the home located at 1209 Grayhawk Drive is $330,821.
What are some comparable homes to 1209 Grayhawk Drive?
There are currently no comparable homes to 1209 Grayhawk Drive.
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