For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Forney 75126 Grayhawk
1229 Grayhawk Drive
$649,000
● House - Off Market

1229 Grayhawk Drive

Forney, TX 75126
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
4,271 Ft²
$640,228
RealtyHop Estimate
-1.35%
Since Sep 1, 2022
TX-Dallas
Primary Model

About This Property

Gorgeous 4bd, 3.5ba, 3 car garage in a pristine neighborhood in Forney. This unique home offers many extras including a spacious game room, media room, formal living & dining rooms and or study plus tons of storage space. A large kitchen with many cabinets, double oven, 2 pantries, a butlers bar with pantry & huge walk in closets in every bedroom. New roof installed June 2022 & new carpet July 2022 are just a few of the upgrades while offering the only floor plan of its kind in the neighborhood. Escape the Texas heat in this outdoor oasis with this beautifully landscaped pool and backyard. This home offers everything for entertaining or just relaxing both indoors and out for every season.
Unit Size
4,271 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$152
Property Type
House
Property Taxes
$847
HOA Dues
$42
Year Built
2009

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #20120731)

Price History

Date / Event Date Event Price
Aug 26, 2022 Sold
Premium
Sold
Jul 28, 2022 Listed by Coldwell Banker Apex, REALTORS $649,000
Listed by Coldwell Banker Apex, REALTORS

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • 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: 764
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 11,650
  • Total Building Area: 5,035
  • Gross Building Area: 5,243
  • Building Area: 4,271
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,271
  • 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: 0000000267
  • 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 8; & HOUSE

Neighborhood

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

Geography

  • Parcel: 180621
  • Block: 7
  • Lot: 8
  • Municipality: FORNEY
  • Latitude: 32.7155
  • Longitude: -96.4724

    Address

  • Full Address: 1229 Grayhawk Dr
  • Address - House Number: 1229
  • 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: $982,571
  • Tax Rate Code Area: CAD CF KC

    Appraisal Valuation

  • Standard Deviation: 0.1967
  • Valuation Date: Oct 26, 2022
  • Confidence Score: 73
  • Final Value: 570,367
  • High Value: 682,614
  • Low Value: 458,120

    Market Valuation

  • Market Total Value: $435,633
  • Market Land Value: $85,000
  • Market Improvement Value: $350,633

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $479,196

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 26, 2022
  • Current Sale Recording Date: Aug 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 33051
  • Previous Sale Recording Date: Aug 17, 2009
  • Previous Sale Contract Date: Aug 07, 2009
  • Previous Sale Amount: $276,100
  • 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:

$489,950

Sale Price/ft²

$151

Below Asking

0.01%

Average Days on Market

92

Average Home Size

3797 ft²

Average Home Age

13.8 years

Currently For Sale

4 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

$2,460 /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: Sandra Carrasco, Coldwell Banker Apex, REALTORS
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20120731
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1229 Grayhawk Drive built and last sold?
The property at 1229 Grayhawk Drive was built in 2009 and last sold on Aug 26, 2022 for $748,125.
How much is this home worth?
The estimated value of the home located at 1229 Grayhawk Drive is $655,490.
What are some comparable homes to 1229 Grayhawk Drive?
There are currently no comparable homes to 1229 Grayhawk Drive.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Forney Homes for Sale
Forney Houses for Sale
Forney Land for Sale
Forney Commercial for Sale
Forney Homes with Basements
Forney Homes with Pools
Forney Homes with Parking
Forney Homes with Garages
Nearby Cities
Mesquite Homes for Sale
Heath Homes for Sale
Travis Ranch Homes for Sale
Seagoville Homes for Sale
Sunnyvale Homes for Sale
McLendon-Chisholm Homes for Sale
Talty Homes for Sale
Nearby Property Records
Rockwall County, TX Property Records
Kaufman County, TX Property Records
Dallas County, TX Property Records
Collin County, TX Property Records
Hunt County, TX Property Records
Ellis County, TX Property Records
Rains County, TX Property Records
Van Zandt County, TX Property Records
Neighborhoods
Creek Crossing Estates Real Estate
Windmill Farms Real Estate
Crystal Real Estate
Oaks Real Estate
Falcons Lair Real Estate
Eastern Real Estate
New West Real Estate
Downtown Mesquite Real Estate
Nearby Counties
South Rockwall Homes for Sale
Top Real Estate Agents
Top Agents in Grayhawk
Top Agents in Forney
Top Agents in 75126
Top Agents in Mesquite
Top Agents in South Rockwall
Top Agents in 75043
Top Agents in 75181
Top Agents in Heath