$337,000
↓ $3K (0.9%)
●
House -
For Sale
1448 Martingale Lane
Forney, TX 75126
5 Beds
4 Baths
2,546 Ft²
$2,680
Est. Monthly
$195
HOA / Fees
About This Property
INCREDIBLE BUYER INCENTIVES: $5,000 MORTGAGE CONCESSION. Opendoor
Home Loans will contribute up to $5,000 towards a permanent
interest rate buy-down if you finance with Opendoor Home Loans
LLC.
1448 Martingale Ln is a two-story Forney home built in 2023 with five bedrooms and four bathrooms across 2,478 square feet. The kitchen includes white cabinetry, an island with a sink, a cooktop, a wall oven, and a microwave. It connects to the dining area and main living room, while an upstairs living space adds a separate gathering area. The upstairs primary bedroom has a walk-in closet and an adjoining bathroom with two sinks and a glass-enclosed shower. Bedrooms on both levels provide separation between rooms. A covered rear patio extends into the backyard, and an attached two-car garage completes the layout. Home comes with a 100-Day Home Warranty
1448 Martingale Ln is a two-story Forney home built in 2023 with five bedrooms and four bathrooms across 2,478 square feet. The kitchen includes white cabinetry, an island with a sink, a cooktop, a wall oven, and a microwave. It connects to the dining area and main living room, while an upstairs living space adds a separate gathering area. The upstairs primary bedroom has a walk-in closet and an adjoining bathroom with two sinks and a glass-enclosed shower. Bedrooms on both levels provide separation between rooms. A covered rear patio extends into the backyard, and an attached two-car garage completes the layout. Home comes with a 100-Day Home Warranty
Unit Size
2,546 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$132
Property Type
House
Property Taxes
$830
HOA Dues
$195
Year Built
-
Listed By
Amber N Broadway
Opendoor Brokerage, LLC
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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: 4 days ago (NTREIS #21385991)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 24, 2026 | Price Decreased |
$337,000
↓ $3K
(0.9%) | |
| Price Decreased | |||
| Sep 14, 2026 | Listed by Opendoor Brokerage, LLC | $340,000 | |
| Listed by Opendoor Brokerage, LLC | |||
| Dec 15, 2023 | Sold | ||
| Sold | |||
| Oct 12, 2023 | Listed by HomesUSA.com | $385,000 | |
| Listed by HomesUSA.com | |||
| | |||
|
MLS# 20453218 - Built by Ashton Woods Homes - Ready Now! ~ New home in amenity rich community, Devonshire, with a short commute to Dallas, TX. 2-story 5 bedroom 4 bathroom Willett home plan offers ACME brick, 8ft front door and covered patio. The open kitchen-living-dining area offers Timeless collection upgrades such as LED disc lighting, upgraded flooring, large, eat-in, bar top island, solid surface countertops, ceramic tile backsplash, 42-inch cabinets with concealed hinges, stainless steel undermount sink, Moen faucet, Whirlpool stainless steel appliance package, gas cooktop, dishwasher, oven, microwave, pendant lighting and a large walk-in storage pantry. The open dining area accesses the covered patio and backyard. A spacious guest room and full bath on the first floor. Upstairs, a large loft with linen closet and tray ceiling separates the primary suite from the three, secondary bedrooms and two full bathrooms.
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Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Driveway, Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 4
Interior Features: Other
Appliances: Dishwasher, Microwave
Flooring Type: Carpet, Ceramic Tile, Laminate
Fireplace Features: None
Exterior Details
Square Footage: 2546
Year Built: 2023
Levels: Two
Construction Materials: Brick
Patio and Porch Features: Patio
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Lot Size Square Feet: 4791.6
Tax Lot: 25
Financial Details
Tax Annual Amount: $9,958
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds
HOA Fee: $195
HOA Fee Frequency: Quarterly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About The Ridge
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Listed by: Amber Broadway, Opendoor Brokerage, LLC
Last Updated: 4 days ago
Data Source: NTREIS MLS, MLS# 21385991
Details provided by NTREIS and may not match the public record
Last Updated: 4 days ago
Data Source: NTREIS MLS, MLS# 21385991
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
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