30
Map
$275,000
●
House -
For Sale
1609 Silas Drive
Forney, TX 75126
4 Beds
2 Baths
1,991 Ft²
$1,960
Est. Monthly
$35
HOA / Fees
About This Property
Built in 2022 and NEVER OCCUPIED, this home offers a unique
opportunity for its next owner to become
the very first resident. From the moment you walk through the front door, you'll enjoy the feel of a brand
new home without the wait of new construction. Featuring 4 bedrooms, 2 bathrooms, and an open
concept layout, the home is designed for both comfortable everyday living and entertaining.
The kitchen overlooks the living and dining areas and features granite countertops, ample cabinet space,
and an island that serves as the heart of the home. The private primary suite includes an ensuite bath and
walk-in closet, while the secondary bedrooms offer flexibility for guests, a home office, or additional living
space.
Whether you're purchasing your first home, moving up, or simply looking for a fresh start, this property
provides a rare chance to create memories in a home that has never been lived in. Located in the Travis
Ranch community with convenient access to schools, shopping, dining, and major commuting routes, this
move-in-ready home is ready to welcome its very first occupants.
the very first resident. From the moment you walk through the front door, you'll enjoy the feel of a brand
new home without the wait of new construction. Featuring 4 bedrooms, 2 bathrooms, and an open
concept layout, the home is designed for both comfortable everyday living and entertaining.
The kitchen overlooks the living and dining areas and features granite countertops, ample cabinet space,
and an island that serves as the heart of the home. The private primary suite includes an ensuite bath and
walk-in closet, while the secondary bedrooms offer flexibility for guests, a home office, or additional living
space.
Whether you're purchasing your first home, moving up, or simply looking for a fresh start, this property
provides a rare chance to create memories in a home that has never been lived in. Located in the Travis
Ranch community with convenient access to schools, shopping, dining, and major commuting routes, this
move-in-ready home is ready to welcome its very first occupants.
Unit Size
1,991 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$138
Property Type
House
Property Taxes
$574
HOA Dues
$35
Year Built
2021
Listed By
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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: 17 days ago (NTREIS #21321362)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 17, 2026 | Relisted | $275,000 | |
| Relisted | |||
| Sep 28, 2026 | In contract | - | |
| In contract | |||
| Sep 18, 2026 | Relisted | $275,000 | |
| Relisted | |||
| Sep 12, 2026 | In contract | - | |
| In contract | |||
| Aug 7, 2026 | Price Decreased |
$275,000
↓ $14K
(4.8%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Concrete, Garage Door Opener, Garage Faces Front
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: High Speed Internet, Open Floorplan, Pantry, Cable TV Available
Appliances: Dishwasher, Disposal, Electric Range, Microwave
Flooring Type: Carpet, Tile
Laundry Features: Electric Dryer Hookup, Washer Hookup, Utility Room, Full Size W/D Area
Exterior Details
Square Footage: 1991
Year Built: 2022
Levels: One
Window Features: Window Coverings
Patio and Porch Features: Covered, Patio, Rear Porch
Lot Features: Interior Lot, Landscaped, Level
Lot Size Area: 0.146
Lot Size Units: Acres
Lot Size Acres: 0.146
Lot Size Square Feet: 6359.76
Tax Lot: 16
Financial Details
Tax Annual Amount: $6,890
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Location Details
HOA/Condo/Coop Fee Includes: Full Use of Facilities, Management Fees
HOA Fee: $423
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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 Travis Ranch
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Listed by: Patty Turner, Keller Williams Rockwall
Last Updated: 17 days ago
Data Source: NTREIS MLS, MLS# 21321362
Details provided by NTREIS and may not match the public record
Last Updated: 17 days ago
Data Source: NTREIS MLS, MLS# 21321362
Details provided by NTREIS and may not match the public record
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