Browse Properties
New Construction in Dallas, TX
Forney, TX 75126
New Construction in Dallas, TX
Forney, TX 75126
4.5%
Year 1 Cap Rate$239,835
10 yr cash flow7.21%
10 yr IRRDetails
- Lot size6,000
- Rentable Sq.Ft1,605
- $/Rentable Sq.Ft$165
- Monthly rent$2,100
- Safety deposit$2,100
- Estimated reserve$3,500
- Lease start2025-07-01
- Lease end2026-06-30
- HOAYes
- Flood zoneNo
This brand-new 3-bedroom home is located in the Windmill Farms master-planned community in Forney, one of the fastest-growing suburbs in the Dallas-Fort Worth metro. Just 30 minutes from major corporate hubs like AT&T and Texas Instruments, and situated on a 6,000 sq. ft. lot, this property offers investors a tenant-ready asset in a family-friendly neighborhood.
As Don Mullen, President of Pretium, explains: one of the keys to resilient rental investments is providing an ownership-style environment for tenants. In today’s market, nearly 70% of renters prefer single-family homes over apartments—yet most can’t afford to buy. That dynamic creates strong demand for properties like this one, where families can put down roots, leading to lower turnover, longer lease terms, and stronger long-term returns.
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Neighborhood
Niche grades and rankings use rigorously analyzed data and user opinions to assess the key aspects of this neighborhood.
Overall neighborhood score:
Forney, 75126
Cost Of Living
Good For Families
Good For Young Professionals
Housing
Jobs
Public Schools
Weather
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Financials
| Income | Year 1 | Year 2 | Year 3 | Year 5 | Year 10 |
|---|---|---|---|---|---|
| Rental revenue | $25,200 | $26,208 | $27,256 | $29,480 | $35,867 |
| Vacancy & Collection Loss | ($1,008) | ($1,048) | ($1,090) | ($1,179) | ($1,435) |
| Operating revenues | $24,192 | $25,160 | $26,166 | $28,301 | $34,432 |
| Expenses | Year 1 | Year 2 | Year 3 | Year 5 | Year 10 |
| HOA fees | ($499) | ($514) | ($529) | ($561) | ($651) |
| Insurance | ($1,663) | ($1,713) | ($1,765) | ($1,872) | ($2,170) |
| Utilities | ($0) | ($0) | ($0) | ($0) | ($0) |
| Leasing Fee | ($420) | ($437) | ($454) | ($491) | ($598) |
| Property management | ($1,210) | ($1,258) | ($1,308) | ($1,415) | ($1,722) |
| Real estate taxes | ($7,343) | ($7,564) | ($7,790) | ($8,265) | ($9,581) |
| Repairs and maintenance | ($1,008) | ($1,048) | ($1,090) | ($1,179) | ($1,435) |
| Operating expenses | ($12,143) | ($12,534) | ($12,936) | ($13,783) | ($16,157) |
| Net Operating Income | Year 1 | Year 2 | Year 3 | Year 5 | Year 10 |
| Operating revenues | $24,192 | $25,160 | $26,166 | $28,301 | $34,432 |
| Operating expenses | ($12,143) | ($12,534) | ($12,936) | ($13,783) | ($16,157) |
| Net Operating Income | $12,049 | $12,626 | $13,230 | $14,518 | $18,275 |
| Cap Rate | 4.5% | 4.8% | 5.0% | 5.5% | 6.9% |
| Other income & expenses | Year 1 | Year 2 | Year 3 | Year 5 | Year 10 |
| SHARE management | ($1,335) | ($1,375) | ($1,416) | ($1,503) | ($1,742) |
| Mortgage payments | $0 | $0 | $0 | $0 | $0 |
| Other income & expenses | ($1,335) | ($1,375) | ($1,416) | ($1,503) | ($1,742) |
| Cash flow & yield | Year 1 | Year 2 | Year 3 | Year 5 | Year 10 |
| Cash flow | $10,714 | $11,251 | $11,814 | $13,015 | $16,533 |
| Cash yield | 3.7% | 3.9% | 4.1% | 4.5% | 5.8% |
Acquisition Equity
| Down payment | ($265,000) | |||
|---|---|---|---|---|
| Title insurance | ($3,975) | |||
| Debt costs | ||||
| Acquisition fee | ($7,500) | |||
| Home Buyer Inspection | ($750) | |||
| Leasing Fee | ($3,150) | |||
| Reserves | ($3,500) | |||
| Stabilization costs | ($2,359) | |||
| Total | ($286,234) | |||
Disposition Proceeds
| Estimated sale price | $403,665 | |||
|---|---|---|---|---|
| Disposition fee | ($4,037) | |||
| Other disposition costs | ($8,073) | |||
| Year 10 mortgage balance | ($0) | |||
| Total | $391,555 | |||
